53. Culture / Creative Industries function differently than tech / product / service industries - how will this be taken into account both in the evaluation of proposals and in the KPIs for the operational KIC?

Answer: 

Based on the EIT’s Impact Framework, the applicants will be required to determine targets for each KPI and describe how these will be achieved. Furthermore, during the start-up period, the new KIC is expected to define its seven-year Strategic Agenda, building on the proposal submitted. The Strategic Agenda outlines the ambition and impact proposed by the KIC, building on the identified sector-specific challenges and strategic measures proposed. Accordingly, the KIC will be expected to deliver against the ambition defined in the Strategic Agenda, which will be considered in the funding allocation process as an important element of the performance-based funding.