EIT presents Regional Innovation Scheme Report for 2018
The European Institute of Innovation and Technology has published its report for the EIT Regional Innovation Scheme for 2018. The Regional Innovation Scheme (RIS) is a tool to engage with a broader range of stakeholders. The report outlines the main on-the-ground activities and highlights success stories of start-ups and innovators in parts of Central, Eastern and Southern Europe.
The objective of the EIT RIS is to widen participation in the EIT Innovation Communities’ activities by engaging players from countries that have lower participation in EIT Innovation Communities. The EIT RIS is designed for EU Member States and Horizon 2020 Associated Countries in Europe who are modest and moderate innovators, and where Innovation Communities have few or no partners.
In 2018, EIT innovation Communities invested € 15 million of the EIT grant in their EIT RIS activities and programmes. The EIT started allocating dedicated funding for EIT RIS activities as of 2016, and since then has invested € 33 million in this field. In addition to the EIT RIS funding, the EIT is, on average, investing around 10% of its grant in the EIT RIS countries.
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