EIT showcases good practices in financial sustainability

The EIT Knowledge and Innovation Communities (EIT KICs) have the ultimate goal of being self-sustaining organisations that no longer need the EIT grant. To that end, they have each devised strategies and programmes best suited to their fields related to climate change, digitalisation, sustainable energy, food, health, raw materials, manufacturing, urban mobility, and the cultural and creative sectors. EIT KIC Financial Sustainability activities are designed to help the KICs achieve autonomy while still accomplishing their missions of driving positive societal change through innovation.

This document brings together three case studies which demonstrate how the unique EIT model helps generate innovative solutions and new approaches in financial sustainability. By empowering KICs to try solutions that best suit their unique organisational set-ups, the EIT is making sure each KIC will be able to continue their education, business, and innovation activities sustainably and independently.

The report can be downloaded here.