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Agreement between EP and EU member states on EIT

Published on | 4 years ago

Programmes Horizon Europe

On 28 January an informal agreement was reached, between de European Parliament rapporteurs and representatives of the Portuguese Council presidency, on an update of the legal basis (regulation) of the European Institute of Innovation and Technology (EIT) as well as its new Strategic Innovation Agenda (SIA) for 2021-2027. The budget of EIT is increased with € 600 million, compared to the previous funding period (2014-2020), which is set at € 2.96 billion (2021-2027). The Strategic Innovation Agenda among others aims to increase the regional impact of Knowledge and Innovation Communities (KICs) and innovation capacity of higher education institutions. In addition to the eight existing KICs, the launch of two new KICs is foreseen in 2022 (cultural and creative sectors and industries CCI) and 2025 (water, marine and maritime sectors and ecosystems). The Council can only formally adopt the EIT regulation and decision for the Strategic Innovation Agenda after the Horizon Europe regulation has been adopted.

Press release European Commission

Press release EU Council

Press release European Parliament

Press release EIT strategy for 2021-2027 and EIT strategy 2021-2027

News article departement EWI

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