EIT – an integral part of

The EIT contributes to

H2020 by addressing

societal challenges via

the integration of the

knowledge triangle

H2020 has a budget of

approx. € 80 billion for

2014 to 2020, out of which

the EIT has been allocated

€ 2.7 billion

The EIT will further

nurture synergies and

complementarities

across H2020 and its

different initiatives

Horizon 2020

Horizon 2020

Horizon 2020

How does Europe compare globally?

Global innovation performance Global innovation growth rate

European Innovation Scoreboard 2016 – European Commission

MODEST INNOVATORS

MODERATE INNOVATORS

INNOVATION FOLLOWERS INNOVATION LEADERS

EU Member States’ innovation performanceEuropean Innovation Scoreboard 2016 – European Commission

Innovation in the EU

Excellent European research base, dynamic companies and creative talent

Good ideas are too rarely turned into new products or services!

The European innovation paradox

European Institute of Innovation and Technology

• The EIT is the first EU initiative bringing together the three sides of the“knowledge triangle”: business (companies and SMEs), educationinstitutions and research centres.

• The EIT aims to increase the cooperation and integration betweenhigher education, business and research to facilitate the transitionfrom:

student to entrepreneur idea to product lab to customer

Our vision is to become the leading European initiative that empowers

innovators and entrepreneurs to develop world-class solutions to

societal challenges, and create growth and skilled jobs.

Our vision is to become the leading European initiative that empowers

innovators and entrepreneurs to develop world-class solutions to

societal challenges, and create growth and skilled jobs.

Boosting innovation and entrepreneurship in Europe

Growth and jobs for Europe

Start-ups and spin-offs

New products, services, processes and business models introduced in the

market to tackle societal challenges

Next generation of entrepreneurs, innovators and change agents

EIT making innovation happen!

EIT business incubation & acceleration

EIT innovation & entrepreneurship activites

EIT entrepreneurial degrees & courses

• Entrepreneurial, creative, innovative people

• Networks

• Capital

• Markets

• Environment

(Inst. infrastructure, instruments, regulations, etc.)

Innovation ecosystem

Our strategy to boost innovation in Europe

Facilitate the development of European ecosystems where research, business and

education come together to find sustainable solutions to societal challenges by:

• Creating interconnected knowledge and creativity hotspots

• Fostering talent: innovators, entrepreneurs and students

• Attracting investors

• Entrepreneurial, innovative people – EIT labelled

studies, mentoring and coaching schemes

• Networks – knowledge triangle, KICs, EIT RIS, mobility…

• Capital – EIT Impact Fund, angel & venture networks

• Markets – B to B, procurement

• Environment (Inst. infrastructure, instruments,

regulations, etc) – flexible RD funding, innovation &

venture awards, contribution to policies, etc.

EIT in the European Innovation Eco-system

• Entrepreneurial, innovative people – Forbes 30 under 30

list, Iberdrola energy challenge…

• Networks – more than 800 partners, 30 Co-location Centres

• Access to capital – TADO Climate-KIC start-up,

EUR 20 mio, total EUR 50 mio

• Demand – B to B, partnership with public sector

• Environment (Inst. infrastructure, instruments, regulations,

etc) – KIC InnoEnergy & SET Plan, Climathon, EIT Awards…

EIT Achievements

EIT Community: 1st achievements

The first three innovation communities Climate-KIC, EIT Digital and KIC InnoEnergy have grown into thriving European innovation hubs:

776number of graduates

1,217number of business

ideas incubated

number of start-ups created

723number of knowledge

transfers/adoption

212number of new or improved

products, services and processes launched

213

Figures – September 2016

EIT’s Knowledge & Innovation Communities (KICs)

EIT’s first 3 KICs – designated in December 2009

Climate-KIC EIT Digital KIC InnoEnergy

EIT’s 2 new KICs – designated in December 2014

EIT Raw Materials EIT Health

The KIC modelA business logic• High degree of integration: each KIC is an

independent legal entity, gathering world-

class partners from across the knowledge

triangle based on a contractual

relationship/partnership with the EIT.

• Long-term strategic approach: each KIC is set

up for a minimum of 7 years to eventually

become sustainable.

• Autonomy and flexibility: to determine

organisational structure and activities

governed by a Board of KIC partner

organisations.

• Effective governance: run by a CEO and a lean

management team at central and co-location

centre level.

The KIC modelan investment logic

• Smart funding & high degree of

commitment of partners: EIT funding to

KICs is max. 25% of their total budget over

time with 75% to be attracted from other

sources, both public and private.

• Culture: KICs are shaped by strong

entrepreneurial mindsets and cultures.

• The co-location model: each KIC consists

of 5-7 world class innovation hotspots

building and leveraging on existing

European capacities.

• Results & high impact oriented activities:

KICs implement a Business Plan with

measurable deliverables, results and

impact.

24 30 27

95

76

96

162

83

142

214

112

196

233

126

272

0

50

100

150

200

250

300

CLIMATE KIC EIT ICT Labs KIC INNOENERGY

2010 2011 2012 2013 2014

KIC Partners evolution: 2010-2014First wave of KICs

Overview of KIC partnersToday, the KICs bring together more than 800 partners:

Co-location Centre

Regional Centre (RIC)

Co-location Centre

Co-location Centre

Associate Partner

Co-location Centre

Co-location Centre

Climate-KIC

EIT ICT Labs

EIT Raw Materials

EIT Health

KIC InnoEnergy

EIT across Europe: KICs’ Co-location Centres

• Widening participation in

Horizon 2020 and EIT

• Outreach scheme aimed at

increasing innovation capacity

in MS and regions not yet

benefitting from the EIT and its

KICs

• Synergies with ESIF

EIT Regional Innovation Scheme

EIT CommunityDiverse Innovation Activities

Education for entrepreneurship, innovation and creativity• Master and doctoral programmes/ schools

• Executive training and post-doctoral education

• Continuous professional development courses/ modules

• Learning modules and OER

• Alumni Activities

Strong business involvement: programme design, internships, study visits, lecturers, co-supervisors, mentorship, selection of students, business projects

EIT Label for excellent educational programmes at Master & PhD levels

EIT overarching learningoutcomes

creativity, innovation, entrepreneurship, research, intellectual transforming, leadership, making value

judgements

Quality Criteria

1. Entrepreneurship education

2. Multidisciplinary, innovative ‘learning by doing’ curricula

3. International and cross-organisational Mobility

4. Outreach: schemes that attract and keep excellent people and talent

Fostering entrepreneurship: from idea to businessBusiness development & Entrepreneurship

• Business mentoring/coaching

• Market assessment

• Access to finance/VCs

• Access to networks

• Challenge led competitions

e.gs. Climate KIC Market Accelerator, EIT Digital Business Development Accelerator, KIC InnoEnergy Highway, EIT Awards, EIT Roundtable of Entrepreneurs

Powering innovation: from lab to customer

• Testing facilities & simulation tools

• Demonstration actions

• IPR and patent support

EIT – 2014 to 2020

2006-2009

From ideato reality

2010-2013

Set up the EIT Headquarters & 1st 3 KICs

Learning by doing

2014 onwards

EIT growth underHorizon 2020

with a budget of €2.7 billion

EIT – from concept to growth

EIT priorities 2014 – 2020

growth and impact of first 3 KICS

5 new KICs

EIT good practices

Inc. EIT Regional Innovation Scheme

(RIS)

Sharing andDisseminating

Fostering

Climate-KIC

EIT Digital

KIC InnoEnergy

1 2 3

Creating

EIT Health

EIT Raw Materials

EIT Food

EIT Manufacturing

EIT Urban Mobility

2014

2016

2018

EIT – Financing for impact

EIT - Legal architecture

‘Other’ funding from a variety of sources:

• National/regional

• EU (non-EIT) e.g. FP7 research grant or structural funds

• Private funding

• Own resources

'Other’ funding from a variety of sources:

Leverage effect

EIT funding (EIT grant to the KIC): 25% of multiannual KIC budget

EIT operations – KIC funding

EIT funding evolution: 2010-2015

DevelopmentSetting up Achievingfinancial

sustainability

Financiallysustainable

Financial sustainability

• Gradual reduction of dependence on EIT funding over time

• Integral objective of a KIC's business model• Mobilising other funding sources is essential

EIT approach to financial sustainability

Framework ParternshipAgreement

Grant Agreements

Internal Agreements

EIT

KIC Partner

KIC Partner

KIC Partner

KIC Partner

KIC Partner

KICLegal entity

KIC

Engaging with KICs: contractual relations between the EIT and the KICs

The long-term cooperation between the KIC and the KIC partners must be formalised through Internal Agreements

EIT Governing Board defines

annual criteriafor funding

Q1 Q2 Q3 Q4

KIC prepares business plan

KIC submitsbusiness plan

EIT Governing Board decides

onfunding for KIC

How to get funding?

Thank You

salvatore.amico-roxas@ec.europa.eu