Is there any guidance from the EIT in terms of expected timeline and scope relating to the reduction of EIT funding in a KIC budget in a medium-term perspective? | European Institute of Innovation & Technology (EIT)

Is there any guidance from the EIT in terms of expected timeline and scope relating to the reduction of EIT funding in a KIC budget in a medium-term perspective?

Answer: 

KICs are not expected to become financially sustainable in the first years of operation. Looking at the example of the existing KICs and the overall life-cycle of a Framework Partnership Agreement (FPA), the funding in the first few years will be expanding and in the final phase of a KIC, the level of EIT funding should gradually decrease. There is no specific percentage at a yearly level, and there is no life-cycle that is predefined in this respect.