This Action supports the Government of Albania in achieving key objectives in the field of economic development, namely, to accelerate the transformation into a more innovation-driven and knowledge-based economy, unlocking its human capital, entrepreneurial as well as research potential and thereby increasing its competitiveness.

EU4Innovation is funded by the European Union, with additional support from the German Federal Ministry for Economic Cooperation and Development (BMZ), and the Swedish International Development Cooperation Agency (Sida). The project has a budget up to 11,750,000 EUR (EU contribution: 10 Mio. EUR; German contribution: 1.2 Mio. EUR; Swedish contribution: 550,000 EUR). The programme is implemented by GIZ Albania and Swedish Embassy Tirana.

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