This report presents the findings of the external evaluation of the European Innovation Council and SMEs Executive Agency (EISMEA) for the period from 1 April 2021 to 31 March 2024. The evaluation, conducted in line with the European Commission’s Better Regulation guidelines and Article 25 of Council Regulation (EC) No 58/2003, assesses EISMEA’s effectiveness, efficiency, and coherence in implementing a complex portfolio of EU programmes delegated by five parent Directorates-General (DGs). 

The evaluation was conducted using a mixed-method, theory-based approach to ensure a robust and balanced assessment of EISMEA’s performance. The methodology integrated quantitative and qualitative techniques, including a systematic review of legal and operational documents, monitoring data analysis, and a comprehensive cost-benefit analysis. Two large-scale online surveys targeted beneficiaries, unsuccessful applicants, and external experts. Additionally, semi-structured interviews were held with Commission officials, EISMEA staff, beneficiaries, unsuccessful applicants, experts, and National Contact Points.