EIT & EIF join forces to boost innovation in Europe

On 20 September 2021, The European Investment Fund (EIF) and the European Institute of Innovation and Technology (EIT) have signed a Memorandum of Understanding (MoU) to collaborate more closely and boost European innovation for the green and digital transitions. The MoU creates a framework to collaborate and share information on financing and innovation opportunities, in areas such as equity investments in European SMEs and start-ups, as well as key European sectors such as climate, energy and environmental technologies, strategic digital and deep technologies, education and skills. It will further support the shift towards a climate neutral Europe, driving innovation, digital and skills transformation. The EIF is already collaborating with EIT Knowledge and Innovation Communities (KICs) such as EIT Health and EIT Digital. The EIT press release is here, EIF here and the recording of the signing ceremony is available on YouTube.