22. What is the role of the EIT in relation to the operation of the KICs?


The EIT Governing Board, provides strategic guidance to the KICs, selects new ones and also determines the grant allocation for each KIC based on performance. The EIT then supervises and monitors its KICs. Contractually, the EIT concludes a Partnership Agreement (including the KIC’s seven-year strategy) and the grant agreements (annual or multiannual) with each KIC.