(b)

To support actions implemented on the basis of decisions by the Council and the European Parliament (or by the Council in consultation with the European Parliament) based on a proposal from the Commission, the Community will provide financial support to multi-financed large-scale initiatives. A financial contribution from the Community to the joint implementation of well identified national research programmes, on the basis of Article 169 of the Treaty. This joint implementation will require the establishment or existence of a dedicated implementation structure. Community financial support will be provided subject to the definition of a financing plan based on formal commitments from competent national authorities. A financial contribution from the Community to the implementation of Joint Technology Initiatives to realise objectives that cannot be achieved through the funding schemes identified in part (a) above. Joint Technology Initiatives will mobilise a combination of funding of different kinds and from different sources; private and public, European and national. This funding may take different forms and may be allocated or mobilised though a range of mechanisms: support from the Framework Programme, loans from the European Investment Bank (EIB), risk capital support. Joint Technology Initiatives may be decided and implemented on the basis of Article 171 of the Treaty (this may include the creation of joint undertakings) or through the Decisions establishing the specific programmes. Community support will be provided subject to the definition of an overall blueprint of financial engineering, based on formal commitments from all parties concerned. A financial contribution from the Community to the development of new infrastructures of European interest. This contribution may be decided on the basis of Article 171 of the Treaty or through the Specific Programme Decisions. The development of new infrastructures will mobilise a combination of funding of different nature and origin: national funding, Framework Programme, Structural funds, loans from the EIB and others. Community support will be provided subject to the definition of an overall financial plan based on a commitment from all parties concerned.

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Source: EUR-Lex (Cellar) · retrieved 2026-11-04 · Text as adopted (Official Journal); later amendments are not incorporated in this text.