Competitiveness and Innovation Framework Programme (CIP)

The Competitiveness and Innovation Framework Programme (CIP) was an initiative by the European Union designed to promote innovation, entrepreneurship, and competitiveness among European businesses. It aimed to support small and medium-sized enterprises (SMEs), enhance technological advancement, and promote sustainable growth. The program provided funding and resources for projects that encouraged research, development, and the spread of new technologies, ultimately helping businesses adapt to changing markets and improving overall economic performance within the EU. It ran from 2007 to 2013 and laid the groundwork for further EU innovation programs.