Szabolcs Borda EIT Finance Officer

Brussels, 14 May 2014

THE EUROPEAN INSTITUTE OF INNOVATION &

TECHNOLOGY (EIT)

• EIT was set up in 2008 to unlock the European innovation

landscape through a new agenda at EU level.

• EIT is the first initiative of the EU bringing together the three

sides of the knowledge triangle.

• With the entrepreneur in the driver’s seat to form the necessary

links between higher education, business and research.

EUROPEAN INSTITUTE OF INNOVATION & TECHNOLOGY (EIT)

Higher Education

Research & technology

Industry & SMEs

EUROPEAN INSTITUTE OF INNOVATION & TECHNOLOGY (EIT)

The EIT’s mission is

To reinforce the innovation capacity of the EU and its

Member States To increase European sustainable growth and competitiveness

To become the catalyst for a step change in the

European Union’s innovation capacity and impact

To create the entrepreneurs of tomorrow

and prepare for the next innovative break-throughs

EUROPEAN INSTITUTE OF INNOVATION & TECHNOLOGY (EIT)

The EIT’s aim is to approach innovation differently in Europe with emphasis on people

From lab to market

by integrating the three sides of the knowledge triangle in areas of high societal need – towards a pan-European ecosystem

THE EIT’s “INNOVATION FACTORIES” Knowledge and Innovation Communities (KICs)

• highly integrated, creative and excellence-driven

autonomous long-term partnerships

• internationally distributed but thematically convergent

partners

• driven by societal challenges and fostering the

emergence of entrepreneurs

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THE KIC MODEL (1/2) A ‘Business logic’

• High degree of integration: each KIC is an independent legal entity, gathering world-class KIC partners from 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 self sustainable.

• Sufficient 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 level.

THE KIC MODEL (2/2) An ‘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.

• The co-location model: each KIC consists of 5-6 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.

• Culture: KICs are shaped by strong entrepreneurial mindsets and cultures.

Smart funding

8

Leverage and Pooling

Financial sustainability

Support and

incentives

Put existing and new resources to work for innovation

Built-in sustainability

One goal: impact

Portfolio of integrated activities from:

• Education

• Research and Innovation

• Entrepreneurship

• Contributing to the integration of the knowledge triangle and the overall objectives of the EIT

• Establishment, administrative and coordination activities

• May be financed up to 100% by the EIT

• Having a clear and described link with at least one KIC Added Value Activity

• Not financed by the EIT

KIC Activities

KIC ACTIVITIES

KIC ADDED VALUE

ACTIVITIES

KIC COMPLE-MENTARY

ACTIVITIES

Leveraging and pooling resources

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EIT Funding

(max 25%)

Non-EIT Funding

(min 75%)

Total KIC Funding (100%)

Combining EIT and non-EIT funding to:

• Ensure long-term involvement of KIC partners

• Incentivise financial commitment from KIC partners

• Catalyse for investment in innovation

THE FIRST 3 KICs

Designated in December 2009 by the EIT Governing Board with their governance and management set up in 2010

KICs’ INTERCONNECTED ECOSYSTEMS THROUGH CLCs

• Climate-KIC:

Co-location Centre

RIC (Regional Implementation and Innovation Centre)

• EIT ICT Labs:

Co-location Centre

Associate Partner

• KIC InnoEnergy

Co-location Centre

KIC PARTNERS EVOLUTION: 2010-2013

13

68

25

60

32 35

24

30

17 19

30

9

3

0

10

20

30

40

50

60

70

80

Climate-KIC EIT ICT Labs KIC InnoEnergy

Business Higher Education Research Cities & Regions

In 2013, the three KIC brought together over 350 partners

EIT FUNDING EVOLUTION: 2010-2013

14

0

50

100

150

200

250

300

350

400

450

2010 2011 2012 2013

EIT Grant Awarded KIC partners

National/Regional/Private EU / non EIT

Other sources

HORIZON 2020 AND THE EIT

• As an integral part of Horizon 2020 the EIT contributes to

H2020 through address societal challenges via the

integration of the knowledge triangle

• The EIT will strengthen its identity as an EU body (institution)

further nurturing synergies of its KICs across H2020

• EIT unique contributions regard entrepreneurial education

The case of the KICs

Healthy Living & Active Ageing

Raw Materials

* Subject to the outcome of the EIT evaluation

Proposed themes for future KICs (SIA)

Added-Value Manufacturing

Food

Urban Mobility

THE FUTURE KIC CALL

2014 2016 2018*

Key Dates Event

14 February 2014 Launch of the 2014 KICs Call

14 March 2014 Information Day in Budapest

10 September 2014 Closure of the 2014 KICs Call

Sept.- Nov. 2014 Evaluation of proposals with the assistance of external experts

9 December 2014 GB Hearings with representatives of shortlisted proposals

December 2014 Designation of the new KICs by the EIT Governing Board

Timeline of the 2014 KICs Call

eit.europa.eu

…Think outside the box…

….Change mindsets…

…Experience the journey…