European Institute of Innovation and Technology (EIT)

Funding to create new frameworks where Academia, Research Centers, Public Administration and Industry will work together in order to produce disruptive innovation through Knowledge and Innovation Communities (KIC).

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The specific objective Spreading excellence and widening participation, with an envelope over €816 million, is to fully exploit the potential of Europe's talent pool and to ensure that the benefits of an innovation-led economy are both maximised and widely distributed across the Union in accordance with the principle of excellence.