EIT Digital Sustainable Growth

ended

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.