EIT Innovation Representation Office Opens in Hungary

The European Institute of Innovation and Technology (EIT) has opened an innovation office in Hungary, the institute told MTI on Monday.

Covering all innovation areas of the EIT, the office will connect local innovators and other stakeholders to Europe's largest innovation ecosystem and enable Hungarian talent and entrepreneurs to access the EIT Community's education, business support and innovation programs in one place.

As an information point, it will bring together news about the EIT Community's services and opportunities, and will also help the region's competitiveness and economic growth by encouraging collaboration between business, education and research organizations, they said.

The EIT Regional Innovation Program (EIT RIS) office will be part of a network covering more than 20 European countries. The EIT Community Hungary will be officially opened on January 22, when it will present the resources available and the opportunities for cooperation, according to the announcement.

Founded in 2008, the EIT helps businesses, higher education institutions and research organizations to work together to foster a business- and innovation-friendly environment in Europe, according to its website.

The EIT expects that the innovations of its partners can boost the continent's competitiveness, raise living standards and create new jobs.