31 Jan 2024
EIT publishes review of five KICs
The European Institute of Innovation and Technology (EIT) has published an independent review that had recently been carried out on five KICs (Knowledge and Innovation Communities). The review regards the KICs as successful for the innovation communities, among other things, how by the KICs contribute to the EU’s sustainability goals, have established innovation ecosystems of their own across Europe, and have introduced gender-sensitive measures.
Among the improvements to be made, the consultants recommend that one or two KICs might review how revenue is generated, consider differing options on how to retain and attract partners, and continue to ensure their calls remain open.
The EIT Regulation requires the EIT to organise continuous monitoring and periodic external evaluations of each KIC. This includes their progress towards financial sustainability, cost-efficiency, openness to new members, results and impact. All of the reviews were carried out by independent consultants and provide an assessment of their progress. In the case of the three-year reviews, the independent consultants also provide recommendations for improvement.
The reviewed KICs were EIT Climate-KIC, EIT Digital and EIT InnoEnergy form the EIT’s first-wave of KICs, and EIT Manufacturing and EIT Urban Mobility as two of the EIT’s newest KICs.
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