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EIT Digital Sustainable Growth

Project description

Supporting digitalisation players for digital EU competitiveness

Digitalisation has significantly increased competitiveness and global growth. Additionally, it has provided numerous organisations with the opportunity to expand or automate their processes, thus enhancing their efficiency. However, this progress also necessitates that Digital Europe continually innovates and grows to remain competitive. To achieve this goal, the EU-funded EIT Digital BP project aims to create world-leading players in strategic areas across Europe aligned with EU objectives. To accomplish this, the project will assist organisations and innovators throughout the innovation funnel, providing support for their growth through improved access to financial resources, experienced specialists, and educational programmes.

Objective

EIT Digital is about building a strong Digital Europe through creating world players in areas strategic for Europe and thus contributing to European Digital Sovereignty fully aligned with the priorities of the European Commission; its activities are focused on areas essential for European digital sovereignty identified in the EIT Digital SIA: digital tech, wellbeing, cities, industry, and finance. EIT Digital works with a stand-up, start-up, scale-up innovation funnel that identifies innovation opportunities, builds and scales ventures and breeds and up-skills talents to equip them with both the entrepreneurial and deep tech skills needed. The core of this funnel is the Innovation Factory that creates ventures from open innovation activities carried out by EIT Digital Partners. This is complemented by the RIS Venture Program and by Entrepreneurial education programmes. The Accelerator is focused on scaling these ventures by supporting their growth with access to finance and access to market services.
A strong digital economy depends on people and organisations equipped with deep technical competence, strong entrepreneurial skills and agility to act. To this end, EIT Digital develops and engages talents in its schools, offering master and professional education on the latest digital technologies and on the business opportunities they enable.
To further support the execution of its strategy, reinforce its leadership in the digital transformation of Europe and increase its impact at both European and national level, EIT Digital is increasingly engaging with EU-wide and national initiatives, such as the Digital Europe Program, the EDIHs, HE, InvestEU, NGEU and the structural funds in the Member States.
As part of its financial sustainability strategy, EIT Digital is generating income from a diverse set of sources and reinvesting it in impactful activities, thus keeping a stable level of investment over the years, despite the decreasing EIT financial support.

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

28Digital
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.

€ 24 313 216,00
Address
GUIMARDSTRAAT 7
1040 Bruxelles / Brussel
Belgium

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Région de Bruxelles-Capitale/Brussels Hoofdstedelijk Gewest Région de Bruxelles-Capitale/ Brussels Hoofdstedelijk Gewest Arr. de Bruxelles-Capitale/Arr. Brussel-Hoofdstad
Activity type
Other
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.

€ 33 696 216,00

Participants (7)

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