EIT Digital doubles investment in Europe's digital transformation

EIT Digital doubles investment in Europe's digital transformation

European digital innovation and entrepreneurial education organisation EIT Digital has added €1bn to its current €1bn investment in digital innovation.

Willem Jonker, CEO EIT Digital, announced the results of the organisation’s original investment in digital innovation and entrepreneurship at the Driving Europe’s Digital Transformation conference in Brussels. He also announced plans for an additional investment of €1bn over the coming years.

EIT Digital will accelerate market uptake of research-based digital technologies by investing in four strategic areas: digital cities, digital industry, digital wellbeing and digital infrastructure.

“The digital transformation is happening globally, and it is our role to ensure Europe is at the forefront so we have a competitive economy and an improved quality of life across our continent. For that, we need to mobilise our innovation strengths to create and transform industries, to develop our cities, and to refocus our healthcare system.

“In addition, we need to invest in people through education in digital skills to ensure we have a workforce ready to drive this digital transformation,” Willem Jonker, CEO EIT Digital, explains.

Since 2010, EIT Digital (then EIT ICT Labs) has been boosting digital innovation and developing entrepreneurial digital talent across Europe to increase economic growth and improve quality of life.  

Today, it mobilises a pan-European ecosystem of over 130 top European corporations, SMEs, startups, universities and research institutes, delivering: