# European Commission proposes innovation act on finance and R&D procurement > The Commission proposal would create common intellectual-property valuation and a digital marketplace, and make cross-border R&D procurement easier. - Canonical URL: https://newsverum.com/en/news/eu-innovation-act-financing-procurement-proposal-2026 - Publisher: Newsverum - Section: Government - Published: 2026-10-06T08:59:00+00:00 - Updated: 2026-10-07T00:55:04+03:00 - Event / data period: 2026-09-09 - Other editions: [Türkçe](https://newsverum.com/tr/news/eu-innovation-act-financing-procurement-proposal-2026.md), [العربية](https://newsverum.com/ar/news/eu-innovation-act-financing-procurement-proposal-2026.md), [Français](https://newsverum.com/fr/news/eu-innovation-act-financing-procurement-proposal-2026.md), [Español](https://newsverum.com/es/news/eu-innovation-act-financing-procurement-proposal-2026.md), [Deutsch](https://newsverum.com/de/news/eu-innovation-act-financing-procurement-proposal-2026.md), [Português](https://newsverum.com/pt/news/eu-innovation-act-financing-procurement-proposal-2026.md) On 9 September, the European Commission presented its proposed European Innovation Act. It aims to improve financing for innovative companies through a common EU framework for valuing intellectual property, a digital marketplace connecting buyers and sellers, and expert support. The Commission estimates these tools could unlock €10.2 billion in additional financing and about €35 million in annual administrative savings. The proposal also seeks to enable joint research-and-development procurement by public buyers in different member states; the Commission estimates this could add €25.92 billion in annual company profits and save public buyers €1 billion a year. These are projections, not realised outcomes. ## Data ### European Commission proposes innovation act on finance and R&D procurement The Commission proposal would create common intellectual-property valuation and a digital marketplace, and make cross-border R&D procurement easier. Methodology: Financing and savings figures are Commission projections, taken from the proposal announcement dated 9 September 2026. | date | label | description | status | |---|---|---|---| | 2026-09-09 | European Commission proposes innovation act on finance and R&D procurement | The Commission proposal would create common intellectual-property valuation and a digital marketplace, and make cross-border R&D procurement easier. | occurred | Sources: · Download data: [JSON](https://newsverum.com/api/v1/articles/eu-innovation-act-financing-procurement-proposal-2026/data/official-policy-action?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/eu-innovation-act-financing-procurement-proposal-2026/data/official-policy-action?lang=en&format=csv) ## Sources - [European Commission]() (Source checked: 2026-10-06; Published: 2026-09-09) ## Correction history - 2026-10-07T00:55:04+03:00: German and Portuguese editions and translations of the data and correction explanations have been added to this article. --- Cite the canonical URL above. [Editorial standards and corrections](https://newsverum.com/en/editorial)