Article 2
Projects shall be included in the EIPP subject to compliance with the following admission criteria:
1. the project (or the programme consisting of smaller projects) shall have a minimum total project cost of EUR
1 000 000
;
2. the project shall be implemented within the geographical scope of Article 8 of Regulation (EU) 2015/1017 and shall support one or more of the objectives and sectors listed in Article 9(2) of that Regulation;
3. the promoter shall be a legal entity established in a Member State and shall not be subject to insolvency proceedings;
4. the project shall be compatible with Union law and the law of the relevant Member State and shall not entail legal, reputational or national security risks for the Member State or the Commission;
5. the project implementation shall have commenced or shall be expected to commence within three years of the date of submission to the EIPP;
6. the project shall be clearly described in the project application as an investment project and the information provided therein shall be accurate and shall specify the amount of financing necessary for undertaking the project.
Substituted by Commission Implementing Decision (EU) 2017/919 of 29 May 2017 amending Implementing Decision (EU) 2016/1942 on the specifications of the European Investment Project Portal.