European Institute of Innovation and Technology - aVenture Government Agency Research
European Institute of Innovation and Technology
Operating Status: Operating
EIT: An independent EU body fostering innovation through entrepreneurial education, business acceleration, and research.
Founded
2008
Location
Budapest, HU
The European Institute of Innovation and Technology (EIT) is an independent EU body established in 2008 to bolster Europe's innovation capabilities. EIT focuses on entrepreneurial education, business creation and acceleration, and innovation-driven research. It aims to transform students into entrepreneurs, scale ideas and businesses, and turn research into market-ready solutions.
EIT has significantly impacted the European innovation landscape by raising €3.5 billion in investment for its ventures and supporting numerous startups and new products. It collaborates with leading partners and has launched initiatives like the European Solar Academy.