EIT European Institute of Innovation and Technology

Europe currently faces a significant innovation challenge. Despite an excellent research base, dynamic companies and creative talent, good ideas are all too rarely transformed into new products or services. It is necessary to change the mind-set and promote a more innovative and entrepreneurial culture.

The EIT's mission is to:

• increase sustainable growth and competitiveness in Europe;

• reinforce innovation capacity of the EU and its Member States; and

• create the entrepreneurs of tomorrow and prepare for the next innovative breakthroughs.

The EIT stimulates unprecedented levels of collaboration between innovation and excellence centres. This helps boost the innovation process:

• from idea to product;

• from student to entrepreneur; and

• from lab to market.