‘Innovation is the specific tool of entrepreneurs, the means by which they exploit change as an opportunity for a different business or a different service’– let us recall this popular among businesspeople definition formulated by Peter F. Drucker. However, it is usually a long way between an opportunity and implementation, at least due to financial restrictions. This is why entrepreneurs have been offered several instruments supporting financing innovative projects.Support for such projects can be obtained from regional and national programmes as well as those implemented at the level of the European Union. European Funds constitute nowadays a basic source of financing for innovation implementating projects in Poland. The most important operational programmes co-financed from structural funds, containing instruments for supporting business development through investment, including innovation implementation include ‘Innovative Economy’ (IE OP) and 16 regional operational programmes (ROP).