Why a European Institute of Innovation and Technology (EIT)?
The EIT represents a unique opportunity to boost Europe’s innovation potential. Furthermore, it is itself an innovative concept which for the first time will provide a framework at European level to pool together the best scientific, business and education resources. To reflect the importance of innovation at all levels of its activity, the Institute will be known as the “European Institute of Innovation and Technology” although its acronym (EIT) will remain unchanged.