
European Institute of Innovation and Technology (EIT)
The European Institute of Innovation and Technology (EIT) is a European Union initiative aimed at fostering innovation and entrepreneurship across Europe. Established in 2008, it brings together businesses, research institutions, and universities to promote collaboration and create new ideas and technologies. EIT focuses on solving major societal challenges, such as climate change and health, by supporting startups and enhancing education in these fields. By providing funding, resources, and networking opportunities, the EIT helps to accelerate innovation, improve competitiveness, and ultimately contribute to sustainable economic growth in Europe.