Regulation (EU) 2015/1017 entrusts the Commission with the responsibility to create, with the support of the European Investment Bank (EIB), a European Investment Project Portal (EIPP). The EIPP is a publicly available web portal of investment projects which acts as a platform to promote projects to potential investors worldwide.

Experience gained in managing the EIPP indicates that certain provisions should be amended, especially to attract more projects from smaller project promoters, SMEs and mid-caps, in line with the objective of the European Union to support the SMEs and entrepreneurship. Therefore the minimum project cost should be lowered from EUR 5 million to EUR 1 million.

To increase the attractiveness of the EIPP and to alleviate the charge supported by project promoters in a non-discriminatory manner and thus to give the EIPP an impetus for a higher number of published projects, the application processing fee should not be charged to any project promoters. The project screening set out in Section 3 of the Annex to Implementing Decision (EU) 2016/1942 should remain in place to ensure the publication of quality projects on the EIPP,