Following its formation in 2008, with a mission to consolidate the knowledge triangle of higher education, research, and innovation under a single roof, the European Institute of Innovation and Technology has received €309 million from FP7. Under Horizon 2020 the institute is slated to receive a total of €3 billion to further its work in closing the gap between research, education and entrepreneurial activities by creating Knowledge Innovation Communities ( KICs) across Europe. As...
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