KICs carry out a whole range of activities, covering the entire innovation chain – including training and education programmes, reinforcing the journey from research to the market, innovation projects and business incubators. KICs have been conceived so that they are able to react in an effective and flexible way to new challenges and changing environments.
Each KIC has been set up as a legal entity and has appointed a CEO to run its operations – a first for an EU initiative. The EIT has provided the KICs with a great degree of autonomy to define their legal status, internal organisation and working methods.
The KICs are driven by a pursuit of excellence in all of their activities and are established with the aim of reaching the necessary critical mass to achieve systemic impact, including the creation of new businesses and new jobs, and the promotion of new skills and entrepreneurial talent in the economy.
European Institute of
Innovation and Technology