Furthermore, in the early years, it is possible to delay EIT funding and
inject more in-kind contribution of our own funding for the KIC, and this
is one of the strategies we are following.
How do you ensure that EU citizens benefit from the
public funding that is poured into EIT Health?
We focus on excellence in innovation and creating impact within the short
and medium term. Thus we focus on products, services and ideas which
will be launched into the market in the next two to three years and thus
are already close to market launch. In doing so, we will pursue a very
customer and market-oriented approach.
It is important for us not only to deliver a product, but a product that is
really appreciated and creates value in the hands of our customers
from a medical, care or life perspective. Some deliverables will be a
product you may purchase, but we will also promote new services and
process innovations to further drive important future trends such as
What kind of relationship will EIT Health establish with
other EU strategies?
The area of health is linked to a number of directorates-general because
it has economic, education and research impacts. We are now drafting
a business plan and the strategic roadmap for the next three years, where
we will reach a decision concerning what areas we really want to focus
on in a very targeted way. We will upon decide which EU programmes
and strategies should best be joined together and would constitute a
move supported by many directorates-general.
boards, we devote a lot of attention towards
supporting them in extending their options to
fast-track their innovation projects.
How will you meet the ambitious
targets of creating 80 start-ups by
2018 and having one million
students participating in your online
One million students is a big number, but if you
look at the population of Europe, it’s only a
fraction. We are strongly convinced that we
have the right concepts at hand to expand our
outreach to an extent that allows us to reach
our goals in the field of higher education.
Consequently, there is less of a concern on the
Another key factor to meeting our goals will
certainly be on not overemphasising early R&D,
but rather to focus our investments on projects
which fulfil key requirements – from both an
innovation and a business standpoint.
Nevertheless, we have significant budget cuts
ahead for the EIT. Whilst they have not yet been
completely quantified, it’s likely that these cuts
will be felt. We will therefore have to scale
down those numbers – we cannot possibly
have that impact when a budget is cut by half
or even more. We will then have to see how
we recompense if the originally planned
funding returns in the coming years. Yet the
fact remains: the announcement of the
alteration of the financial foundations does not
constitute the best indication of reliable
framework conditions and will significantly
burden our work and efforts.
To what extent will the KIC be
looking for other sources of funding
besides those provided by the EIT?
The KIC co-funding model foresees a share of
25% of the overall budget coming from the EIT,
with 75% to be attracted from other sources,
both public and private. The EIT funding
approach is different and unique compared to
other European funding models as it is
purposely aimed at fostering collaboration
between the three areas of the knowledge
triangle, namely business, higher education and
research. It is this particular approach that is
also highly appealing to our partner
organisations as it offers unique opportunities
to enter into dialogue with partners with whom
you usually do not have contact.
Dr Ursula Redeker
B R OW S Ewww.eit.europa.eu/eit-community/eit-health
H O R I Z O N
2 0 2 0www.horizon2020projects.com
H O R I Z O N 2 0 2 0 P R O J E C T S : P O R TA L
I S S U E S E V E N
S O C I E TA L C H A L L E N G E S : H E A L T H & W E L L B E I N G
EIT Health has tough
targets regarding the
students in its online