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Israel joins CIP

Source: Cordis Express News
Date: 8 Nov 2007

Israel has become the EU's first neighbouring country to join the Competitiveness and Innovation Programme (CIP), designed to promote innovation, entrepreneurship and growth among small and medium-sized enterprises. The agreement was signed by European Commission Vice President Günter Verheugen, and Israeli Deputy Prime Minister Eliyahu Yishai. 'There are many areas of entrepreneurship and innovation policy in which Israel and the EU have a lot to offer, and where cooperation in joint projects and business and innovation networks will create a win-win situation,' said Mr Verheugen.

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