European Institute of Innovation and Technology (EIT)
The EIT was established in 2008 to bring together the three sides of the ‘knowledge triangle’ - higher education, research and business. The EIT’s mission is to:
- Increase European sustainable growth and competitiveness
- Reinforce the innovation capacity of the EU Member States, and
- Create the entrepreneurs of tomorrow and prepare for the next innovative breakthroughs
It aims to boost the innovation process from idea to product, from lab to market and from student to entrepreneur. Funded projects should share knowledge, information and skills for joint exploitation.
The EIT funds ‘Knowledge and Innovation Communities’ (KICs) which aim to bring together major players from higher education, research and business. KICs carry out a whole range of activities, covering the entire innovation chain – including training and education programmes, reinforcing the journey from research to market, innovation projects and business incubators.
KICs issue calls for proposals across their areas of activity. Each KIC operates autonomously and uses a different application and award management system.
For researchers to participate in calls issued by a KIC the University has to be a member of that KIC. Oxford is a member of
- EIT Health
All projects (whether Research or not) must be costed and run according to Horizon 2020 rules and records requirements.