5 Amendments of Massimiliano SALINI related to 2023/0199(COD)
Amendment 178 #
Proposal for a regulation
Recital 20
Recital 20
(20) Horizon Europe is the EU’s key funding programme for research and innovation, and its European Innovation Council (EIC) provides for support, in particular for innovations with potential breakthrough and disruptive nature with scale-up potential that may be too risky for private investors. Additional flexibility should be provided for under Horizon Europe, so that the EIC Accelerator can provide equity- only support to non- bankable SMEs, including start-ups, and non-bankable SMEs and small mid-caps, carrying out innovation in the technologies supported by the STEP and regardless of whether they previously received other types of support from the EIC Accelerator. The implementation of the EIC Fund is currently limited to a maximum investment amount of EUR 15 million except in exceptional cases and cannot accommodate follow-on financing rounds or larger investment amounts. Allowing for equity- only support for non-bankable SMEs and small mid-caps would address the existing market gap with investments needs in the range of EUR 15 to 50 million. Moreover, experience has shown that the amounts committed for the EIC Pilot under Horizon2020 are not fully used. These unused funds should be made available for the purposes of the EIC Accelerator under Horizon Europe. The Horizon Europe Regulation should also be amended to reflect the increased envelope for the European Defence Fund.
Amendment 180 #
Proposal for a regulation
Recital 20 a (new)
Recital 20 a (new)
(20a) The EIC plays a pivotal role in offering initial funding to fast growing start-ups and small mid-caps. With its specialized knowledge, the EIC is ideally positioned to enhance funding opportunities for companies seeking capital for scaling up beyond the initial innovation stage. Thanks to the additional funding from budgetary reinforcements (new funds), the EIC will have the capacity to make unprecedented equity investments ranging from EUR 15 million to EUR 50 million.
Amendment 272 #
Proposal for a regulation
Article 4 – paragraph 6
Article 4 – paragraph 6
6. Strategic projects identified in accordance with the [Net Zero Industry Act] and the [Critical Raw Materials Act] within the scope of Article 2 that receive a contribution under the Programmes refered to in Article 3 may also receive a contribution from any other Union programme, including Funds under shared management, provided that the contributions do not cover the same costs nor different parts of the same cost. The rules of the relevant Union programme shall apply to the corresponding contribution to the strategic project. The cumulative funding shall not exceed the total eligible costs of the strategic project. The support from the different Union programmes may be calculated on a pro- rata basis in accordance with the documents setting out the conditions for support.
Amendment 307 #
Proposal for a regulation
Article 10 – paragraph 1 – point 2
Article 10 – paragraph 1 – point 2
Regulation (EU) 2021/1058
Article 3 – paragraph 1 – point b
Article 3 – paragraph 1 – point b
(ix) supporting investments contributing to the STEP objective referred to in Article 2(1), point (a)(ii) of Regulation .../... [STEP Regulation]
Amendment 326 #
Proposal for a regulation
Article 13 – paragraph -1 (new)
Article 13 – paragraph -1 (new)
-1 In Article 2, point (29) is substituted with the subsequent definition: (29) 'accounting year' refers to the timeframe starting on 1 July and concluding on 30 June of the subsequent year, except for the initial accounting year of the programming period, during which it pertains to the period commencing on the eligibility expenditure start date until 30 June 2022; for the concluding accounting year, it denotes the period from 1 July 2031 to 30 June 2032;