Image for Algebra University College to lead on a new EIT-funded project for boosting innovation and entrepreneurship

Algebra University College to lead on a new EIT-funded project for boosting innovation and entrepreneurship

Algebra University College is happy to announce that it will be leading on a new project called SMART4FUTURE. The project aims to help to solve the challenge posed to higher education institutions (HEIs) by the unprecedented technological advancements of today. SMART4FUTURE believes that only smart innovation ecosystems, which will be able to leverage the power of high-tech with the innovation and entrepreneurial capacity to think with and beyond traditional domain knowledge, can successfully answer that challenge.

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

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

  • University of Naples “Federico II” (Italy)
  • Sabanci University (Turkey)
  • Griffith College (Ireland)
  • Medical University of Lublin (Poland)
  • Infobip Ltd (Croatia)
  • LINK GROUP (Serbia)
  • Mentortec (Portugal).

Under the EIT HEI Initiative, the project will receive funding of € 300 000, and it will run until December 2022, with the possibility of getting extended for 18 more months.

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

About the EIT HEI Initiative

The EIT HEI Initiative is a key objective for the European Institute of Innovation and Technology as part of its new strategy. The initiative aims to support HEIs with expertise and coaching, access to the EIT innovation ecosystem, the largest in Europe, and funding, enabling them to develop innovation action plans complementing the needs of individual HEIs. This is the EIT HEI Initiative’s second call for proposals, following the success of the 2021 Pilot Call. So far, the initiative has provided funding to nearly 50 projects. The next call for proposals is expected towards the end of 2022.

About the EIT

The EIT strengthens Europe’s ability to innovate by powering solutions to pressing global challenges and by nurturing entrepreneurial talent to create sustainable growth and skilled jobs in Europe. The EIT is an EU body and an integral part of Horizon Europe, the EU Framework Programme for Research and Innovation. The Institute supports dynamic pan-European partnerships, EIT Knowledge and Innovation Communities, among leading companies, research labs and universities.