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The European Commission has launched complementary calls for proposals under the European Regional Development Fund (Interregional Innovation Investments (I3) Instrument) and the European Innovation Ecosystems (EIE) part of Horizon Europe, totalling EUR 122 million. 

In line with of the New European Innovation Agenda, the Regional Innovation Valleys (RIVs) aim to create connected regional innovation valleys involving EU regions with lower innovation performances, by building on strategic areas of regional strength and specialisation (defined in their smart specialisation strategies) in support of key EU priorities.  

The EIE call is primarily focused on the regional aspects of innovation and targeted at national and/or regional innovation authorities. Research institutions, universities, clusters, and innovation intermediaries may also join the consortia as associated partners. The two strands of the I3 call aim to provide financial and advisory support for interregional innovation investments in shared and complementary smart specialisation areas along European value chains.

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