📋 Tender Overview
The European Institute of Innovation Technology EIT has announced that it is investing 890 million in activities tackling global challenges across Europe delivered by eight of its Knowledge and Innovation Communities KICs.The largest EIT funding round to date is aimed at boosting 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. In addition the EIT is also awarding a EUR 6 million start-up grant to its newest Knowledge and Innovation Community EIT Culture Creativity set to become fully operational by the end of 2023.The EIT is pioneering a new possibility under Horizon Europe namely the allocation of multi-annual grants that will benefit the extensive network of EIT Community partners and collaborating organisations by providing more flexibility and stability for large scale multi-year innovation projects. The first eight EIT Knowledge and Innovation Communities were evaluated against their strategies and business plans for 2023 to 2025 as well as their performance to date. Based on this the EIT Governing Board decided to allocate the following grants in order of establishment in 2009 2014 2016 and 2018 For 2023 2024EIT Climate-KIC 20.2 millionEIT Digital 30.6 million EIT InnoEnergy 44.0 millionFor 2023 2024 2025EIT Health 142.9 millionEIT Raw Materials 136.1 millionEIT Food 179.2 millionEIT Manufacturing 107.3 millionEIT Urban Mobility 129.7 millionThe funding allocation will be invested to deliver on EITs three core pillars of activitiesEntrepreneurial education programmes and courses across Europe that transform students into entrepreneursBusiness creation and acceleration services that scale ideas and budding businesses to the next levelInnovation driven research projects that turn ideas into products connecting partners investors and expertiseOut of the allocated funding awarded 10-15 will be dedicated to delivering on the EIT Regional Innovation Scheme tackling Europes persistent innovation divide. The funding investment also incorporates dedicated amounts to EIT Flagship programmes including 32.9 million of funding to the EIT Higher Education Institution Initiative to boost innovation in higher education 67.4 million for joint activities between Knowledge and Innovation Communities KICs such as for example the EIT Deep Tech Talent Initiative the EIT Community New European Bauhaus Activities or the EIT Girls Go Circular project.
