Founded in 2008, the European Institute of Innovation and Technology (EIT) is an outstanding EU initiative that stimulates innovation and entrepreneurship across Europe with one simple idea: through diversity comes strength. The initiative brings together leading universities, research laboratories and companies to form dynamic pan-European partnerships. Together, these partnerships, called Knowledge and Innovation Communities (KICs), develop innovative products and services, create new companies, and educate a new generation of entrepreneurs. Each of these KICs addresses a different social challenge. An overview for all of the KICs you can find on the following EIT website.
Financial Sustainability Mechanism (FSM)
All KICs have the requirement from EIT to gradually become independent of EIT funding. The EIT requires all KICs to develop internal Financial Sustainability (FS) mechanisms, implemented and enforced at project level.
The involvement of TUM ForTe already at the time of the call for the full proposal for an EIT project is necessary and mandatory!
Please find here guidance on how to deal with the issue of FSM for the EIT Food KIC and the EIT Health KIC . Handouts for other KICs will follow once the FS mechanisms are finalised.
- Dealing with the FS mechanism in EIT Food projects
- Dealing with the FS mechanism in EIT Health projects
TUM is involved in the following EIT KICs:
EIT in Horizon Europe
For the funding period from 2021 to 2027, the EU has planned to provide a grant of €3.2 billion in total for the European Institute of Innovation and Technology (EIT) as part of the Horizon Europe budget. In the Horizon Europe negotiation process, agreement was reached on the funding of two new KICs.
We are pleased to announce that the world's largest summer school on innovation and entrepreneurship is taking place again this summer. Climate-KIC is the EU’s largest public private partnership, funded by the European Institute of Innovation & Technology (EIT) and addressing climate change through innovation to build a zero carbon economy.
The Journey is a 4-week climate innovation summer school. It brings together students and professionals from all over the world.
From validating an idea to understanding the market, structuring a business, and building a team, Climate-KIC gears participants up for the world of climate entrepreneurship. The Journey provides the tools to make an impact on the global effort to find solutions to climate change, and supports participants in the quest to become a sustainable entrepreneur.
The Journey summer school offers climate change knowledge combined with entrepreneurship skills, allowing participants to create - together with people from a wide range of backgrounds - a business model that will help our environment.
Time frames are:
- 28th of June – 25th of July 2020
- 2nd of August – 29th of August 2020
For TUM students, there are no fees for taking part in the Journey.
You can find further information on the official Journey website: https://journey.climate-kic.org/
Application for Summer School 2020 is still open until 1st of March 2020 via the Journey webpage.
Munich ist again host city for the Journey 2020. Students will travel from Leoben (Austria) via Munich to Budapest.