New ideas - Poland
Supporting investments with innovative technological solutions that are implemented by businesses using public funds is possible thanks to the Act on Some Forms of Support for Innovative Activity. The Act facilitates the implementation of new technologies by offering special technology bonuses as part of technology credits that are offered by commercial banks as well as tax relief of half the value of the acquired technology.
Alongside innovation, access to R&D is essential for businesses to develop and stay competitive.
Intellectual property must be protected to encourage innovation.
Information on the implementation and use of new technologies can be found in the Entrepreneurship section on the website of the Polish Chamber of Commerce.
The objective of the Operational Programme Innovative Economy 2007-2013 is to support innovation as well as activities that support innovation. Instruments covered by the programme include support for companies that want to invest in new technologies, start or develop research and development, or implement industrial designs. In addition, funds are allocated for start-ups based on innovative ideas, the financing by venture capital of projects lead by young, innovative entrepreneurs as well as subsidies for internationalising small and medium-sized enterprises.
The Polish Agency for Enterprise Development (PARP) implements programmes aimed at the development of innovative projects and enterprises. In addition, it supervises the activity of the National Innovation Network as part of the National System of Services for SMEs.
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