EIT grants: grants 70% to 700% of the allowed costs
Are you working on an innovation that solves one of the biggest problems of our time? Do you contribute to the quality of life of Europeans by focusing on energy, food safety, climate change or aging? The European Research and Innovation Aid (EIT) can support you by subsidizing 70% to 100% of the allowed costs.
EIT as part of Horizon 2020
The European Institute of Innovation and Technology is an EU body created in 2008 by the European Union to strengthen Europe’s innovation capacity. The EIT is an integral part of Horizon 2020, the EU Framework Program for Research and Innovation. The Institute is a unique EU initiative that fosters innovation across Europe by integrating business, education and research to find solutions to pressing global challenges.
The EIT supports the development of dynamic, long-term European partnerships between leading companies, research laboratories and higher education. These partnerships are called innovation communities, each of which aims to find solutions to a specific global challenge, from climate change and sustainable energy to healthy living and food.
As the largest innovation network in Europe, it brings together more than 1,500 partners. It encourages innovators and entrepreneurs across Europe to turn their best ideas into products, services, jobs and growth. This is key to fulfilling the EIT’s mission of creating jobs and providing sustainable economic growth opportunities for Europe.
The EIT financing model
The EIT’s financial contribution to the Innovation Community will take the form of a grant for action, whereby the EIT funding rate for the specific grant may not exceed 100% of the total eligible costs of value added activities of the Innovation Community (those activities contributing to the integration of the knowledge triangle and the overall objectives of the EIT, including the creation, administration and coordination of innovation communities).
Is your company eligible?
The project must be part of one of the following EIT themes:
EIT Climate KIC, EIT Digital, EIT Food, EIT Health, EIT InnoEnergy, EIT Manufacturing, EIT RawMaterials, EIT Urban Mobility
Alignment with the EIT’s mission is a precondition for eligibility for EIT funding
Why EIT grants via Venture Campus?
Venture Campus has years of experience with European projects, such as Horizon 2020. We write your file from A to Z and thus increase your chances of success. We use a no-cure, no-pay basis for most of our compensation. Why? Innovation is our passion and if we believe in your file, we are happy to take the risk together!
Are you based in Flanders? Then don’t forget to look first for Flemish innovation grants via the development projects at Vlaio.
How does the EIT work?
- Training – for a new generation of entrepreneurs
- Development– of innovative products and services
- Support – start-ups en scale-ups