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    EU Innovation Convention in Brussels

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    Experts in research and innovation join European policymakers at the EU Innovation Convention in Brussels. They're hoping to make innovation a key part of Europe's agenda to boost economic growth.

    Experts in research and innovation join European policymakers at the EU Innovation Convention in Brussels on the 5th and 6th of December.

    They're hoping to make innovation a key part of crisis-rocked Europe's agenda to boost competitiveness and foster growth.

    [Jean-Paul Agon, CEO of L'Oréal]:
    “Any type of policy that would really support research, development, investment or innovation investment, I think would really help European companies, first to innovate more and then to market their products around the world. So that would be a good boost to the economy and to the growth.”

    Many experts and policymakers point to research and innovation as the main drivers of sustainable job creation in the EU.

    [Máire Geoghegan-Quinn, European Commissioner for Research, Innovation and Science]:
    “There are three priorities for Europe in this difficult time – growth, growth, and more growth. And I see three clear messages coming out from this exhibition: to get smart, sustainable and inclusive growth, invest in research and innovation, invest in research and innovation, invest in research and innovation!”

    To fund innovation, the European Commission and European Investment Bank have put together a joint financing facility for R&D projects.

    [Philippe Maystadt, President, European Investment Bank]:
    “Since the launch of this facility, we have already approved loans for more than 9 billion euros, which support investment for more than 20 billion euros."

    The European Commission has also recently announced the EU Funding Programme, expected to provide 80 billion euros for research and innovation over 6 years...