20 Sep 2021
EIF and EIT sign agreement for closer collaboration
The European Investment Fund (EIF) and the European Institute of Innovation and Technology (EIT) have signed a Memorandum of Understanding (MoU) to collaborate more closely and boost European innovation for the green and digital transitions. This MoU creates a framework for the EIF and the EIT to collaborate and share information on financing and innovation opportunities, in areas such as equity investments in European SMEs and start-ups, as well as key European sectors such as climate, energy and environmental technologies, strategic digital and deep technologies, education and skills. Collaboration between the two institutions aims at providing further support to the shift towards a climate-neutral Europe, driving innovation, digital and skills transformation.
The EIF is already collaborating with EIT Knowledge and Innovation Communities such as EIT Health. More recently, EIT Digital has become a financial intermediary under the EFSI Skills & Education Guarantee Pilot. The signature of today’s MoU will reinforce the successful collaboration between the two organisations.
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