Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-09-04-Speech-2-202"
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"en.20010904.9.2-202"2
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".
Mr President, ladies and gentlemen, let me firstly remind you that following the Lisbon European Council, the Commission and Member States were invited to implement, with the support of the European Investment Bank, measures aimed primarily at strengthening investments in technological research and development. The joint memorandum establishing a framework for cooperation between the framework programme for Community research and the Innovation 2000 initiative from the European Investment Bank is a response to this request. This joint memorandum aims to energise European research and innovation by drawing on existing synergies and developing new ones. It is not, however, an instrument of the framework programme nor one of the Innovation 2000 initiative. The Commission and the European Investment Bank have separate decision-making processes.
Efforts are being made to stimulate public awareness of this joint initiative. I would like to point out, for example, that it has been mentioned on television, in the daily papers and by six press agencies in the days following the signing of the memorandum. In addition to this, the Commission and the European Investment Bank websites are linked and offer information on the memorandum. A didactic guide explaining the sources of finance, whether these are supplementary, sequential or parallel, from the Commission and the European Investment Bank will shortly be available on the Internet. Presentations and workshops are planned for the launch of the next framework programme. Finally, the invitations to tender relating to this programme will draw the attention of candidates to this possibility of supplementary financing.
The Commission also believes that equal access to this finance is crucial. For this reason, assessments will be founded upon a certain number of principles that have been acquired over a long period, to ascertain quality, transparency, equal treatment, impartiality as well as efficiency and speed of implementation. Subsidy requests from the Commission and loans from the European Investment Bank will follow the procedures currently in force. On the one hand, experts from the Commission will carry out an evaluation according to the regulations stated in the framework programme, which are specifically based on scientific quality, innovative nature, added Community value and prospects for economic development. On the other hand, the economists and financial analysts from the European Investment Bank will assess the projects in order to ensure that they fulfil the objectives of the EIB, including those linked to their Community mandate, that they satisfy the criteria of economic and financial viability, especially in terms of the repayment of loans, and finally that they are acceptable in environmental terms.
The signing of the joint memorandum has already received a favourable response from researchers, universities and entrepreneurs, particularly with regard to venture capital. They recognise the potential of such an agreement and the opportunity it offers in terms of combining Commission financing for integrated projects such as those proposed in the framework programme and loans from the European Investment Bank. This is therefore a complementarity that we have been eager to implement."@en1
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