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As an immediate response, we launched the EIT Crisis Response Initiative pledging EUR 60 million for Europe’s innovators. With these new funds our Knowledge and Innovation Communities (KICs) will offer solutions to the pandemic and support high potential start-ups and SMEs, mitigating the risk of permanent damage that the crisis brings to young entrepreneurs. Close to 1,500 innovators and entrepreneurs from 44 countries applied, showing the depth of talent of innovators and the need for crisis recovery support. The awarded funds will power high-impact innovations in health, climate change, digitisation, food, sustainable energy, urban mobility, manufacturing and raw materials.
Use its technology to help mitigate the effects of neurological disorders in patients
Facing the world’s largest and costliest healthcare burden, the new Hong Kong Centre for Cerebro-Cardiovascular Health Engineering (COCHE) at the Health@InnoHK cluster aims to seek new ways towards CVD prevention by developing innovative health technologies for the early prediction of cardiovascular diseases.
To accelerate Europe’s innovation capacity, we need to strengthen cooperation between business, education and research and enhance collaboration across borders. EIT strives to achieve this as Europe’s largest and most experienced innovation network with more than 2,000 partners and 60 innovation hubs. We work closely to support Europe’s recovery from the crisis, by powering Europe’s entrepreneurs and COVID-19 related innovation projects in this critical moment.
However, it’s important to remember that it’s not enough to simply create opportunities for innovators, we need to realise that we must all embody the innovative spirit, re-imagine the status quo and adapt ourselves, our work, and our daily lives to reflect the lessons that COVID-19 has taught us. Many of the opportunities and ideas already lie on our doorsteps, by applying the lessons we have learned and seizing these opportunities we can make a real leap towards a more green, healthy and digital future for Europe.p For example, when universities across Europe closed their doors, the EIT Community quickly supported them to shift to online education. By sharing knowledge among our network, a number of resources were made available to help teachers at universities (and elsewhere) to quickly adjust to quality online teaching and learning.