EIT selects winning innovation partnership in Food
The European Institute of Innovation and Technology (EIT) announced the winning team selected to set up EIT Food, a new pan-European partnership bringing together leading businesses, universities and research organisations. Its mission: to boost innovation, growth and job creation and put Europe at the centre of a global revolution in food.
FoodConnects – winner of EIT Food (Sustainable Supply Chain from Resources to Consumers) – is a consortium of 50 partners from 13 countries, including PepsiCo Inc., Fraunhofer, the University of Cambridge, the Polish Academy of Science, Robert Bosch GmbH, the Autonomous University of Madrid and Sodexo SA.
To facilitate EIT Food’s launch, the EIT will provide the winning partnerships with a start-up grant of up to EUR 4 million to ensure that it is fully operational as soon as possible. Provided that they achieve the expected results, EIT Food could receive funding in the range of EUR 400 million from the EIT over the coming years. In addition, it is expected to attract significant funding from other sources of private and public sector investment, multiplying the investments made by the EIT.
The EIT did not select a Knowledge and Innovation Community (KIC) in the area of Added-value Manufacturing. After a thorough evaluation procedure and Hearings with the EIT Governing Board, it was unanimously decided a Knowledge and Innovation Community (KIC) could not be designated in this area.
Photo credit: eit.europa.euTOP