EIT/Recast - Related Opinions
The EESC welcomes the new vision for the ERA agenda and is pleased that this is a real "New Deal" for the EU's research, technology and innovation.
The European Institute of Innovation and Technology (EIT) was created in 2008 by Regulation (EC) No 294/2008. Its mission is to respond to major societal challenges by improving the EU's innovation capabilities and performance. Every seven years, the Commission has to submit a proposal for a Strategic Innovation Programme (SIP) which sets out the priority areas and the long-term strategy for the EIT's action, as well as its financial needs.