The European Institute of Innovation and Technology (EIT) is locating one of
its information and communication technologies research units in Finland. The
decision will enhance Finland’s position in EU information technology research
and will facilitate the initiation of new research projects vital to European
EIT is Europe’s top institution of technology research. Its mission is to
enhance EU competitiveness. EIT functions as a network, uniting research and
educational institutes as well as businesses. In addition to Helsinki, EIT’s
ICT network units will be located in Berlin, Eindhoven, Paris and Stockholm.
Finnish unit will be located on the Aalto University campus in Otaniemi. The
founding members of the Finnish unit are Nokia, VTT Technical Research Centre
of Finland and Aalto University.
The total budget of the
Finnish unit for 2010-2014 is approximately EUR 100 million, no more than 25%
of which comes from EIT funding. The remainder comes from participant funding,
national funding and other EU funding. According to the now approved plan, in
2013 there will be several hundred ICT researchers, experts and graduate
students working at the EIT Otaniemi unit.
“EIT and its
networks play a vital role as the driver of European competitiveness. They
bring research facilities and businesses together in a way that strengthens
research, education and innovation,” says Professor Yrjö Neuvo, member of the
Executive Committee of the EIT
"Nokia is delighted that the
European Institute of Technology will base one its five ICT laboratories in
Otaniemi; this is a key step forward in deepening ICT expertise in Finland and
Europe. The establishment of the lab in Espoo will not only foster innovation
and competitiveness in the Finnish ICT ecosystem but it will also accelerate
the development of Finland as an information society”, tells EVP Esko Aho,
"The broader utilisation of ICT is the next Industrial
Revolution, which will require completely new structures, expertise and
attitudes. I believe that we have the best team at EIT ICT Labs for the
radical creation of a new European information society. In particular we want
to make Otaniemi the network’s hottest innovation cluster, which will attract
top companies and talent to come produce and utilise the best innovations,”
says VTT President and CEO Erkki KM Leppävuori.
extremely pleased that Aalto University can play such a major role in this
European Union spearhead project. Our success in the EIT call for proposals
is a recognition of the Helsinki University of Technology’s high degree of
expertise in the ICT field and the prestige it enjoys in Europe. The EIT unit
in Otaniemi will further enhance Aalto University's research in international
assessment as well as the position of core areas ICT, media, computational
science and modelling and their importance to the Aalto University strategy.
The project beautifully combines research, education and innovation, which are
also key aspects of the Aalto University strategy,” states Aalto University
President Tuula Teeri
EIT promotes European innovation
in 2008, the European Institute of Innovation and Technology (EIT) aims to
promote sustainable economic growth and competitiveness in Europe. Direct EU
funding for EIT during the period 2008-2013 will amount to EUR 308 million.
The purpose of EIT is to facilitate the realisation of innovations and
function as an idea incubator. Strategic planning and decision-making is the
mandate of the EIT Governing Board, which is comprised of eighteen leading
minds from the fields of research, education and business. Finland's
representative on the Governing Board is Professor Yrjö Neuvo. EIT's operative
units are independent, co-operative Knowledge and Innovation Communities
(KIC), which are comprised of universities, institutes of higher education,
research institutes, companies and other interest groups .