The European Institute of Innovation and Technology (EIT) will mobilise €60 million to support European entrepreneurs and innovators. The EIT’s Crisis Pandemic Initiative, launched on Thursday (14 May), aims to support start-ups, expanding businesses, SMEs and new innovative projects based on a greener and more sustainable approach.
The European Institute of Innovation and Technology often referred to as "Europe's MIT", is a little over ten years old and has already supported more than a hundred projects. It is now preparing to launch a branch to promote culture and the creative i...
Europe needs to develop competitors to tech giants like Facebook instead of introducing more regulation of the tech industry, EIT Digital CEO Willem Jonker told EURACTIV in an interview.
Europe’s most innovative start-ups include a belt that tells you where to go, lego-like modular solar panels, and smart chemicals that give wood a second life. But ‘unicorn’ companies are a rare species in Europe: EURACTIV went to Budapest to learn what the EU does to breed more of them.