The second Intelligent Energy Europe (IEE) programme began in early 2007 and runs till 2013. It is one of the European Competitiveness and Innovation Framework Programmes (CIP) three sub-programmes. The IEE programme funds projects aimed at: Capacity building; building and spreading of know-how, skills and methods; exchanges of experience; development of market and intelligence; policy input; awareness raising and information provision; and education and training. The IEE programme does not fund "Hardware" type investments, demonstration projects, or technical research & development projects on energy efficiency and renewables. Projects are divided into five subjects: Renewable energy, energy efficiency, transport, developing countries, and horizontal, cross-cutting projects (financing, monitoring, education, and sustainable communities). The 2008 call for proposals is currently underway. Approximately EUR 45 million is available to fund projects, supporting up to 75% of eligible costs as opposed to the 50% provided in previous years. Funding for projects lasts a maximum of three years, generally with a budget of between EUR 0.5 to EUR 2.5 million. The project also funds local/regional energy agencies, for a maximum funding period of 3.5 years.