Article 1U.K.Subject matter
This Regulation lays down detailed rules supplementing Directive 2003/87/EC as regards:
the operational objectives of the Innovation Fund established by Article 10a(8) of Directive 2003/87/EC;
the forms of support provided under the Innovation Fund;
the application procedure for the Innovation Fund support;
the procedure and criteria for project selection under the Innovation Fund;
disbursement of the Innovation Fund support;
the governance of the Innovation Fund;
reporting, monitoring, evaluation, control, and publicity concerning the operation of the Innovation Fund.