The European Institute of Innovation & Technology says it needs a massive boost in funding if it is to succeed in its mission of creating world class innovation hubs

The contenders for FET flagship status – and €1B funding - may be unprecedented in scale for basic research projects, but they should look to the EIT’s Knowledge and Innovation Communities before expending time and effort on devising new operating models.

The European Institute of Innovation & Technology is looking to recruit a specialist team to drive its entrepreneurial activities forward

Entrepreneurs, investors and industry leaders attending the third annual Science|Business Academic Enterprise Awards (ACES) conference earlier this month called on European politicians and universities to do more to support entrepreneurship on campus and help seed a new generation of world-class technology companies.

The governing board of the European Institute of Innovation and Technology (EIT) has elected Alexander von Gabain, founder of the Austrian vaccines company Intercell as its next chairman.

The many obstacles in the way of campus start-ups range from mundane rivalry over laboratory space, to a lack of a top-level commitment to promoting technology transfer and entrepreneurialism. This year's ACES winners met with EIT to discuss experiences and share insight.

The European Institute of Innovation and Technology – the EIT, set up by the European Union to encourage innovation – is to launch an awards programme for young entrepreneurs next year, in partnership with Science|Business. The move is part of a push to change attitudes to entrepreneurship in Europe, and was announced today (3 February) by EIT Board member Daria Tataj at the ACES Academic Enterprise conference, held at the Swiss Federal Institute of Technology in Zurich.

A special briefing on the European Institute of Innovation and Technology, based on information presented at a Science|Business meeting in Brussels.

Switzerland’s EPFL has developed its own – US-inspired – model of what a technology institute should look like.

Europe’s answer to the innovation powerhouse of MIT finally gets off the ground. Now it needs corporate support, says Barroso.