The EIT powers entrepreneurs and innovators to turn their best ideas into products, services and jobs for Europe. Indeed, one of the EU's key innovation objectives is stimulating innovation and creating more jobs through fast-growing, innovative firms. Therefore, a cornerstone of the EIT’s activities is not only to support innovation in existing companies, but also the creation of new business opportunities. The vital ingredients for fostering entrepreneurial activities are: ensuring access to finance, access to new customers and new markets as well as providing support for enhancing business skills.
Across the EIT Community, innovation and entrepreneurship are strong vectors to overcome global societal challenges from climate change and sustainable energy to food and healthy living. Together with the Innovation Communities, the EIT places a strong emphasis on developing the next generation of entrepreneurs, encouraging and supporting innovators and companies to develop innovative ideas and take them to the market, thus contributing to a more innovative and competitive Europe. Through their business creation and acceleration programmes, all EIT Innovation Communities offer a range of business support services that help entrepreneurs and innovators translate their ideas into successful, thriving ventures.