Martin SchuurmansChair EIT

The EIT – Sustainable Growth and Competitiveness

through Innovation

Presentation to ITRE

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EIT is recognized as key driver of sustainable European economic growth andcompetitiveness through the stimulation of world-leading innovation

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Education

Research

Technology

Business

Entrepreneurs

VCs

Investment Banks

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First meeting with stakeholders in Bratislava on November 24:

was successful intake of opinions and views

has largely confirmed our vision and strategic direction

Grow and capitalize on the innovation capacity and capability of the stakeholders (in and outside the Community) through Knowledge Innovation Communities (KICs) that :

Explore new innovative relationships between excellence in education, technology, research, business and entrepreneurship

Create new business

Educate and develop entrepreneurial people working across stakeholder boundaries

Have societal impact

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1. EIT Strategic Innovation Agenda (SIA) : first triennial work program July 2009

2. KICs with unique impact : KIC topics, format, selection

3. Sustainable mobilization of additional funding, including EIT Foundation

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Is a collaborative consortium, a “legal entity”, of internationally distributed, yet thematically convergent parties consisting of the stakeholders

Aims to reach and foster a worldwide lead position in a given field

Will deliver a measurable impact on society from an economic, scientific, educational and entrepreneurial

perspective

Will have a minimum duration of KIC: 7 years04/10/23 6EIT ITRE 02-12-08 mfhs

Address long-term challenges and identify new opportunities for innovation in Europe

Transfer higher education, research and innovation activities to the business context and their commercial application (create spin-offs, start-ups and SMEs)

Attract partner organizations and talent from all over the world

Develop entrepreneurial people & bring them to business

Maximise the share of financial contribution from the private sector

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50-100 M Euro total spending per year Life 7-15 years Funding:

◦ EIT 25%◦ Others 75% (leverage factor 3)

European programs European Structural Funds Industry (also in kind) investment Foundation Private investments, VCs Investment banks

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Sustainable energy Mitigation and adaptation of climate change Future information and communication society

Proposals may span 1, 2 or all 3 fields Trans–or interdisciplinary and drawing on existing

European programs and projects Number of KICs to be selected 2 or 3

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Geographically distributed people working in co-location centers (per theme or sub-theme).

An example:

One (lead) education center

One (lead) high tech and entrepreneurs center / campus

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World class researchers, technologists, educators, business people, entrepreneurs Talented young academics from Europe and abroad, flexible, mobile, and eager to innovate People mobility between industry/business and academia A highly developed team culture/spirit Top management to lead the KICs

People management:

Incentive schemes that stimulate brain gain Stimulate working/studying together in co-location centers Recognition of people: e.g. EIT label for students and EIT brand

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Internationally distributed collaborative consortium Active in business, entrepreneurship, technology, research and education Each with a track record in excellence, international cooperation, knowledge dissemination and transition to business

(elite center) Which promotes co-location of collaborative people in co-location centers With a ‘legal’ identity and with a motivating IPR policy With top management, structure and accountability With public and private funding that triples the EIT funding over time; access to resources beyond the EU direct budget (EUR 308 million).

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Compelling innovative proposal with future potential

Addresses broadly recognized topics in Europe Has (new) business and/or societal impact Makes innovation an integral part of education Goes beyond R&T; can include non-technological research Has performance parameters (KPIs), targeted investment

returns and drivers identified upfront Has short, medium and long-term milestones Is beginning of continuous self sustaining activities Has broad public outreach

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Call for proposals of KICs by April 2009, submission August 2009◦ Based on selection criteria and format KIC, to be finalized in January 2009

Selection of KICs by January 2010

◦ Distinguished team with the best chance for success

◦ Recognized as innovative and rational

◦ Selection is communicated widely in support of the teams elected and to help them in any way

Evaluation and monitoring of KICs starting by August 2010

◦ Recognized as fair, simple and effective

◦ Is stable and solely derived from the original selection criteria

◦ Rewards good performance and achievements

◦ Recognizes and communicates the EIT brand

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Education and Entrepreneurship will be integral parts of innovation partnerships

Financial sustainability is key objective: Mobilisation of private resourcesOpportunity for cross-fertilization and co-funding with other

European and national programs

EIT is owned by all of Europe: The GB stresses its independence

Long term strategy: 2-3 KIC should provide the learning for the further shape of EIT in 2013-2020

Thanks !!04/10/23 15EIT ITRE 02-12-08 mfhs