The KIC´s objective is to tackle sector specific and societal challenges and to create the right environment to allow innovation to happen.
The KICs tasks:
Deliver new products, services and business models
Equip students with the skills to become entrepreneurs
Create start-ups and accelerate the scaling up of ventures
The Innovation Communities initially receive EIT funding for seven years to deliver their results, with annually defined milestones. If successful, they may be supported for up to 15 years. The EIT Regional Innovation Scheme (EIT RIS) is the EIT Communitys outreach scheme. The scheme enables the transfer of good practices and know-how to boosting innovation.
As a result of their unique know-how, European manufacturing value chains are indispensable to produce high value products anywhere in the world, ensuring jobs and sustainable growth for Europe.
Headquartered in Paris, the EIT Manufacturing is leveraged by five Innovation Hubs, so-called Co-Location Centres, which stimulate innovation, capacity building and ecosystem development at the regional level: Bilbao CLC West (France, Portugal, Spain), Darmstadt CLC Central (Belgium, Germany, The Netherlands), Gothenburg CLC North (Estonia, Finland, Ireland, Lithuania, Sweden), Milan CLC South (Italy, Switzerland), Vienna CLC East (Austria, Czech Republic, Greece, Slovakia).
EIT Manufacturings strategic objectives add value to European manufacturing products, processes, and services.
Excellent manufacturing skills and talents Adding value through an upskilled workforce and engaged talents;
Efficient manufacturing innovation ecosystems Adding value through creating ecosystems for innovation, entrepreneurship and business transformation focused on innovation hotspots;
Full digitalisation of manufacturing Adding value through digital solutions and platforms that connect value networks globally;
Customer-driven manufacturing Adding value through agile and flexible manufacturing that meet global personalised demand;
Socially sustainable manufacturing Adding value through safe, healthy, ethical, and socially sustainable production and products;
Environmentally sustainable manufacturing Adding value by making industry greener and cleaner.