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EIT InnoEnergy Business Plan 2023 - 2024

Project description

Promoting education, innovation and business in sustainable energy

The Energy Union strategy aims to achieve energy sustainability by reducing energy costs, enhancing energy system security, and lowering greenhouse gas emissions. The EU-funded KIC SE BP2023-2024 project will promote innovation and entrepreneurship in sustainable energy by harnessing the potential of higher education, research and industry across Europe and globally. The EIT InnoEnergy programme focuses on education programmes that support sustainable energy transitions, innovation projects that drive technological and business model advancements, and business creation services that assist innovative startups and small enterprises. The project focuses on industrial value chains related to batteries, photovoltaics and green hydrogen acceleration, and covers six thematic fields, including smart grids, storage, renewables and energy for transport.

Objective

EIT InnoEnergy is synonymous with innovation and entrepreneurship in the field of sustainable energy. It is achieving this by leveraging the potential of the knowledge triangle: higher education, research, and industry throughout Europe, and globally. For EIT InnoEnergy, sustainability in energy means aligning with the Energy Union strategy, contributing to three objectives: (1) Decrease the cost of energy (€/kWh), (2) Increase the security of the energy system (operability of assets and autonomy in supply), and (3) Reduce greenhouse gas emissions.

We operate three business lines:
(1) the Education Programmes, which create and accompany the future significant changes in sustainable energy;
(2) the Innovation Projects, which focus on producing incremental and disruptive technological and business model innovations;
(3) the Business Creation Services(entrepreneurship), where we nurture innovative start-ups and grow small enterprises in sustainable energy. These business lines are supported by the management and operations activities.

EIT InnoEnergy is also orchestrating three industrial strategic value chains on batteries and Photovoltaic (PV) through the European Battery Alliance and European Solar Initiative, formally mandated, and endorsed, respectively, by the European Commission in 2017 and 2020. EGHAC (European Green Hydrogen Acceleration Center) is the third one on green hydrogen, implemented together with Breakthrough Energy.

All our activities focus on six thematic fields (Smart Grids, Storage, Smart Cities and Efficient Buildings, Energy from Chemical Fuels, Renewables and Energy for Transport) that evolve with the energy market changes and are fully aligned with the European Union Energy Strategy and the NECP (National Energy and Climate Plans).

EIT InnoEnergy will fully comply with the EIT Financial Sustainability principles, KIC fund principles, Innovation Principles, EIT RIS Hub Minimum Standards and Good Governance principles.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.

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Keywords

Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)

Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

HORIZON-EIT-KIC - HORIZON EIT KIC Actions

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) HORIZON-EIT-2023-2025-KIC

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Coordinator

KIC INNOENERGY SE
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 23 311 748,40
Address
JOHN F KENNEDYLAAN 2 6E VERDIEPING
5612 AB Eindhoven
Netherlands

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Region
Zuid-Nederland Noord-Brabant Zuidoost-Noord-Brabant
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 47 991 636,73

Participants (6)

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