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A.B. Institute of Entrepreneurship Development Ltd to Take Part in a New EIT-Funded Project for Boosting Innovation & Entrepreneurship

Cyprus 01/08/2022 AB Institute of Entrepreneurship Development Ltd is happy to announce that it will be taking part in a new project called DIN-ECO Boosting Digital Innovation and Transformation Capacity of HEIs in an Entrepreneurial ecosystem. The project aims to increase the innovation and entrepreneurial capacity of the participating High Education Institutes and enable their integration into European innovation value chains and ecosystems. 

The project will receive funding from the EIT HEI Initiative: Innovation Capacity Building for Higher Education. The European Institute of Innovation and Technology (EIT) initiative aims to boost the entrepreneurial and innovation capacity of higher education institutions (HEIs) across Europe. The involvement of non-academic organisations like AB Institute of Entrepreneurship Development Ltd is an important part of the initiative, as it creates important synergies between industry and HEIs. 

As part of this project, we will be working together with the following partners:

  • Ionian University – project lead
  • A.B. Institute of Entrepreneurship Development LTD
  • Warsaw University of Life Sciences
  • University of Niš
  • Muğla Sıtkı Koçman University
  • Aalborg University
  • Found.ation Maker’s Place Private Company
  • Fondazione Fenice Onlus
  • Università degli Studi di Parma

Under the EIT HEI Initiative, the project will receive funding of €371.950, and it will run until December 2022, with the possibility of getting extended for 18 more months.

Stay tuned for more information on this project in the coming months!

About the EIT HEI Initiative

The EIT HEI Initiative is a key objective for the European Institute of Innovation and Technology as part of its new strategy. The initiative aims to support HEIs with expertise and coaching, access to the EIT innovation ecosystem, the largest in Europe,  and funding, enabling them to develop innovation action plans complementing the needs of individual HEIs. This is the EIT HEI Initiative’s second call for proposals, following the success of the 2021 Pilot Call. So far, the initiative has provided funding to nearly 50 projects. The next call for proposals is expected towards the end of 2022. 

About the EIT

The EIT strengthens Europe’s ability to innovate by powering solutions to pressing global challenges and by nurturing entrepreneurial talent to create sustainable growth and skilled jobs in Europe. The EIT is an EU body and an integral part of Horizon Europe, the EU Framework Programme for Research and Innovation. The Institute supports dynamic pan-European partnerships, EIT Knowledge and Innovation Communities among leading companies, research labs and universities.

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