Community Research and Development Information Service - CORDIS


Since its inception in the mid 1980s, the BIC approach has developed into a key instrument for the creation, development and support of innovative SMEs in a diverse range of regional contexts across Europe.
The BIC concept was developed in the early 1980s by the European Commission¿s Directorate-General (DG) for Regional Policy. The first BICs appeared in the mid-80s and the BIC approach has spread and evolved dramatically over the two decades since. The earliest BICs were exclusively developed from scratch in less developed regions with co-financing from the European Regional Development Fund. Since a couple of years, the BICs, while maintaining their links with ERDF programmes have developed strong connections to other policy areas, with a focus on Entrepreneurship, Innovation and R&D, particularly through DG Enterprise & Industry and DG Research, but also DG Education, DG Information Society and DG Enlargement.

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Record Number: 7410 / Last updated on: 2006-06-02
Category: MISC