The European Institute of Innovation and Technology (EIT) has announced the winning team selected to set up EIT Food, the new pan-European partnership bringing together leading businesses, universities and research organisations. The mission of EIT Food is to drive innovation in the food sector, focusing on issues such as sustainability and consumers' trust. The winning team was selected following an invitation to submit proposals, launched in January 2016, and a rigorous evaluation by external experts and the EIT Governing Board.
To facilitate EIT Food's launch, the EIT will provide the winning partnership with a start-up grant of up to EUR 4 million to ensure that it is fully operational as soon as possible. Provided that it achieves the expected results, EIT Food could receive funding in the range of EUR 400 million from the EIT over the coming years. The EIT is an independent EU body set up to boost innovation and entrepreneurship across Europe. EIT Food joins five existing innovation partnerships in the areas of climate (Climate-KIC), digitisation (EIT Digital), energy (KIC InnoEnergy), health (EIT Health) and raw materials (EIT Raw Materials).
More information: https://eit.europa.eu/newsroom/eit-selects-winning-innovation-partnership-food