Facing a reduction of funds after the financial crisis, the EC decided to launch the Smart Specialisation Strategy (RIS 3). The strategy wants to avoid wasting resources: the EC will finance innovation approaches related to the excellences in a specific territory. To coordinate the efforts has been defined the S3 Platform where each european region can upload information about its own strategy. On the platform you can find an interactive Guide.
The platform is also opened to contribution of non member countries, if you are interested then go here.