The European Institute of Innovation and Technology (EIT) is an independent EU body. EIT increases Europe’s ability to innovate by nurturing entrepreneurial talent and supporting new ideas.

EIT mission is to:

• increase Europe's competitiveness, its sustainable economic growth and job creation by promoting and strengthening cooperation among leading business, education and research organisations.
• power innovation and entrepreneurship in Europe by creating environments for creative and innovative thoughts to thrive.

To strengthen Europe’s ability to innovate, action is needed to overcome the fragmented European innovation landscape. This is where the EIT comes in. EIT has a pioneering role in increasing European sustainable growth and creating jobs by reinforcing Europe’s innovation capacity.

The EIT brings together leading organisations from business, education and research, the so-called ‘knowledge triangle', to form dynamic cross-border partnerships - EIT Innovation Communities.

The Innovation Communities are engaged to:

• develop innovative products and services
• start new companies
• train a new generation of entrepreneurs.