What is the relationship between the EIT and an EIT Innovation Community?

What is the relationship between the EIT and an EIT Innovation Community?

Each Innovation Community is an independent legal entity with its own management board and internal organisational structure. An Innovation Community focuses on a specific challenge, now ranging from the development of sustainable energy sources to encouraging active ageing or sustainable food.

Each sets its own strategic objectives, business plan and governance. It uses the central EIT funding as seed money to leverage existing investments and attract investors. Each one holistically builds innovation ecosystems across Europe through a portfolio of activities addressing the identified societal challenges and integrates Europe’s leading players in education, research and business. Ultimately, each delivers results and achieves impact.

Read more about the relationship between the EIT and the Innovation Communities here.