Regional authorities have designed and implemented regional innovation policies by different means. Regional Innovation Agency (RIA) is a particularly relevant tool when it comes to implementing and monitoring this policy.

Regional Innovation Agencies have specific roles in implementing the regional innovation strategy and often help regional authorities in their elaboration. But at a European level it is not easy to identify the intensity of this link and how one is serving the other towards the common objectives of improving the regional innovation support.

Actors in regional innovation (from companies to universities, as well as clusters) are involved in different platforms at national and European level with mixed results, but currently there are only bilateral exchanges between regions on their RIAs. PERIA supposed to create an effective network of RIAs in order to learning from each other by sharing experience and good practises, developing joint guidelines and methodologies.

The overall objectives of PERIA are to contribute to the collaborations of the local and regional actors in order to strengthen the effectiveness of regional development policies, to enhance the level spent for Research Development and Innovation and to contribute to the transformation of knowledge into new and marketable products and services.

PERIA is supported by the INTERREG IVC Programme. The Interregional Cooperation Programme INTERREG IVC, financed by the European Union’s Regional Development Fund, helps Regions of Europe work together to share experience and good practice in the areas of innovation, the knowledge economy, the environment and risk prevention. EUR 302 million is available for project funding but, more than that, a wealth of knowledge and potential solutions are also on hand for regional policy-makers.