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(1) The Community has the objective, set out in the Treaty, of strengthening the scientific and technological bases of Community industry, thereby ensuring a high level of competitiveness at international level. To this end, the Community is to promote all the research activities deemed necessary, in particular by encouraging undertakings, including small and medium-sized enterprises (‘SMEs’), research centres and universities in their research and technological development activities. In this context, priority should be given to those areas and projects where European funding and cooperation is of particular importance and provides added value. Through its support for research at the frontiers of knowledge, applied research and innovation, the Community seeks to promote synergies in European research and thus provide a more stable foundation for the European Research Area. This will make a positive contribution to the social, cultural and economic progress of all Member States.

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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.