Innovative Europe (Pillar 3)
EUROPEAN INNOVATION COUNCIL (EIC)
The European Innovation Council is the flagship programme of the European Union to support breakthrough technologies and game-changing innovations. Objectives are:
• To capitalise on EU science, innovative SMEs and start-ups to compete in global markets increasingly defined by new technologies
• To identify, develop and deploy high risk innovations of all kinds with particular on breakthrough, market-creating, deep-tech solutions
• To turn science into new business and accelerating the scale-up of ’game-changing’ innovators shaping the future
The total budget of the EIC under Horizon Europe’s Pillar III is €10.105 billion (2021-2027).
More information: European Innovation Council
EUROPEAN INSTITUTE OF INNOVATION AND TECHNOLOGY (EIT)
The European Institute of Innovation and Technology (EIT) is an EU body based in Budapest which has developed a model to boost innovation by fostering collaboration within the quadruple helix between business, education and research organisation, public authorities and civil society.
The EIT provide funding for the EIT Knowledge and Innovation Communities (KICs): EIT Climate-KIC, EIT Digital, EIT Food, EIT Health, EIT InnoEnergy, EIT Manufacturing, EIT Raw Materials, EIT Urban Mobility:
Businesses and researchers can apply to educational programme, innovation programmes (usually annual calls for projects) and business acceleration programmes) from the KICs relevant to their sector. Calls are often opened to non members who will usually be asked to join if selected. Between 2021 to 2027, the EIT will create two new KICs, one on the Cultural and Creative Sectors and Industries and one on Water, Marine and Maritime Sectors and Ecosystems following a call for proposals from large consortia.
More information: European Institute of Innovation and Technology
EUROPEAN INNOVATION ECOSYSTEM (EIE)
The European Innovation Ecosystems (EIE) Programme aims at creating more connected and efficient innovation ecosystems to support the scaling of companies, encourage innovation and stimulate cooperation among national, regional and local innovation stakeholders. More specifically, EIE has two complementary objectives:
- To bring together people or organisations whose goal is innovation
- To include the links between resources (e.g. funds, equipment, facilities), organisations (such as higher education institutions, research and technology organisations, companies, venture capitalists and financial intermediaries), investors and policymakers
More information: European Innovation Ecosystems