Driving Progress for Research and Innovation in Europe: The Potential of R&I Foundations

Abstract

The objective of the Expert Group on “Foundations, Venture Philanthropy and Social Investments” is to unleash the potential of R&I foundations and other providers of capital and expertise, such as venture philanthropists and social investors, through: 1.Advising on suitable framework conditions that will ease R&I foundations’ establishment, expansion of activities and (cross-border) operations at national and European levels. 2.Guiding governments and other stakeholders on policy actions and financial tools to support R&I activities funded by R&I foundations. 3.Stimulating the collaboration of R&I foundations and other stakeholders (i.e. governments, business sector, research performing organisations, R&I umbrella organisations) in R&I activities at national and European levels.The Expert Group has formulated recommendations for each of the three working areas, addressed to different stakeholders at the national and European levels.