The European Institute of Innovation & Technology – an EU organisation – will invest €500 million in its “Knowledge and Innovation Communities” across Europe.
EIT’s governing board says the investment will drive European innovation in the areas of climate (EIT Climate-KIC), digitisation (EIT Digital), food (EIT Food), health (EIT Health), sustainable energy (EIT InnoEnergy), advanced and sustainable materials (EIT RawMaterials), manufacturing (EIT Manufacturing) and urban mobility (EIT Urban Mobility).
The EIT’s eight Knowledge and Innovation Communities competed for €500 million and were evaluated against their strategies and business plans for 2020, as well as their performance to date. [Read more…] about EIT to award €500 million to innovators across Europe in 2020
