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The Cyprus University of Technology to lead new eit- funded project for boosting innovation and entrepreneurship

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We are happy to announce that the Cyprus University of Technology (CUT) will be leading on a new project called Innovative European University of Technology.

The project aims to enhance the innovation and entrepreneurial capacity of a new European University Alliance, the European University of Technology (EUt+). The partners of the alliance are already committed to a gradual integration of educational and research activities, co-creating opportunities for their staff and student body across all the campuses of the alliance. EUt+ is about the future and “puts human first”, recognising the roots of their constituents and join forces while with great consideration on inclusion, multilingualism and multiculturalism aspects. Together with our non-HEI partners, the Water Alliance (NL) and Chrysalis LEAP (CY), we span across all corners and the heartland of Europe and we create a strong Knowledge Triangle in order to grow our staff and students and transform both our HEIs and our Alliance.

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The project will receive funding from the EIT’s HEI Initiative: Innovation Capacity Building for Higher Education. This new initiative of the European Institute of Innovation and Technology (EIT) aims to boost the entrepreneurial and innovation capacity of higher education institutions (HEIs).

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

  • Technical University of Cluj-Napoca (Romania)
  • Technical University Dublin (Ireland)
  • Technical University Sofia (Bulgaria)
  • Polytechnic University of Cartagena (Spain)
  • Riga Technical University (Latvia)
  • University of Technology of Troyes (France)
  • Chrysalis LEAP (Cyprus)
  • Water Alliance (Netherlands)

Under the EIT’s HEI Initiative, the project will receive funding of € 400,000, and it will run until December 2021, with the possibility of getting extended for 18 more months with an extra amount of € 800,000.

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

ABOUT THE EIT’S HEI INITIATIVE

The EIT’s HEI Initiative is a key objective for the EIT as part of its new strategy, the EIT Strategic Innovation Agenda 2021−2027. The initiative aims to support higher education institutions with expertise and coaching, access to the EIT innovation ecosystem, and funding, enabling them to develop innovation action plans complementing the needs of individual higher education institutions.

As part of its Pilot Phase, the initiative has provided funding to 23 projects, with the next call for proposals expected towards the end of 2021.

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