– Horizon Europe, the EU’s research and innovation program, ends in 2027
– Discussions underway for the next phase of innovation in Europe
– Former EU officials emphasize need for successor program to drive competitiveness
– European Institute of Innovation and Technology (EIT) has been influential in shaping innovation
– EIT has established over 50 innovation hubs in Europe
– EIT’s approach of setting up Knowledge and Innovation Communities (KICs) has supported 10,000 companies
– Notable success stories include Northvolt and Peptomyc
– EIT’s impact seen in successful KICs, with three in good financial standing
– Focus on investing in successful models like EIT while proposing bold ideas for the future of European innovation