48. Another important topic for EIT KICs is its financial sustainability, what would be the critical points that we should take into account for this specific KIC?

Answer: 

Based on the experience of the existing EIT KICs, it will be necessary for new KICs to develop financial plans and a portfolio of activities with partners leading to their financial sustainability. EIT KICs need to develop revenues from innovation, education and business creation activities for example in the form of IP revenues, new products sales revenue sharing, and consulting services fees, but also develop financial assets for more long-term revenues for example in form of equity positions.