Summary of Key Actions Section 2.1.1Consolidating and fostering growth and impact of the existing KICs...Section 2.1.2Creating new KICs Section 2.2Enhancing EIT's Impact Section 2.3New delivery mechanisms and results-oriented monitoring Section 3.1Streamlining and clarifying EIT decision-making Section 3.2Investing in KICs: EIT-KICs relations Section 3.3Engaging with stakeholders THE EIT STRATEGIC INNOVATION AGENDA 1.The European Institute of Innovation and Technology: A Union innovation...1.1.EIT: Addressing societal challenges via innovation in the knowledge triangle...Achievements KICs on their way to world-class integrated partnerships Graph 1-KICs co-location Graph 2 -KIC partners 2011 (Business, HE, Research Organisations) 1.2.EIT added value: distinguishing features 1.3.Synergies and complementarities with other policy and funding initiatives Examples of synergies between KICs and other initiatives in practice...2.Deepening the role of the EIT after 2013: priorities 2.1.Incentivizing growth, impact and sustainability through the EIT Lessons from the set up phase The EIT as an investor in the knowledge triangle 2.1.1.Consolidating and fostering growth and impact of the existing KICs...2.1.2.Creating new KICs 2.2.Enhancing EIT's impact Fostering innovation across the Union Fostering and attracting talent 2.3.New delivery mechanisms and results-oriented monitoring 3.Effective decision making and working arrangements 3.1.Streamlining and clarifying EIT decision-making 3.2.Investing in KICs: EIT-KIC relations 3.3.Engaging with stakeholders 4.Estimate of financial needs and sources of funding 2014-2020 4.1.Consolidating a smart funding model towards KICs 4.2.EIT budget needs Graph 3:Breakdown of the budget needs Factsheet 1:Innovation for Healthy Living and Active Ageing 1.THE CHALLENGE 2.RELEVANCE AND IMPACT 3.SYNERGIES AND COMPLEMENTARITIES WITH EXISTING INITIATIVES 4.CONCLUSION Factsheet 2:Raw Materials – Sustainable Exploration, Extraction, Processing, Recycling and Substitution...1.THE CHALLENGE 2.RELEVANCE AND IMPACT 3.SYNERGIES AND COMPLEMENTARITIES WITH EXISTING INITIATIVES 4.CONCLUSION Factsheet 3:Food4Future – Sustainable Supply Chain from Resources to Consumers 1.THE CHALLENGE 2.RELEVANCE AND IMPACT 3.SYNERGIES AND COMPLEMENTARITIES WITH EXISTING INITIATIVES 4.CONCLUSION Factsheet 4:Added-value Manufacturing 1.THE CHALLENGE 2.RELEVANCE AND IMPACT 3.SYNERGIES AND COMPLEMENTARITIES WITH EXISTING INITIATIVES 4.CONCLUSION Factsheet 5:Urban Mobility 1.THE CHALLENGE 2.RELEVANCE AND IMPACT 3.SYNERGIES AND COMPLEMENTARITIES WITH EXISTING INITIATIVES 4.CONCLUSION

Decision No 1312/2013/EU of the European Parliament and of the Council

of 11 December 2013

on the Strategic Innovation Agenda of the European Institute of Innovation and Technology (EIT): the contribution of the EIT to a more innovative Europe

THE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty on the Functioning of the European Union, and in particular Article 173(3) thereof,

Having regard to Regulation (EC) No 294/2008 of the European Parliament and of the Council1,

Having regard to the proposal from the European Commission,

After transmission of the draft legislative act to the national parliaments,

Having regard to the opinion of the European Economic and Social Committee2,

Acting in accordance with the ordinary legislative procedure3,

Whereas:

(1)

Regulation (EC) No 294/2008 requires the Commission to submit a proposal for the first Strategic Innovation Agenda ("the SIA"), on the basis of the draft provided by the European Institute of Innovation and Technology ("the EIT").

(2)

The SIA should define the priority fields and the long-term strategy of the EIT and include an assessment of its economic impact and capacity to generate best innovation added-value. The SIA should take into account the results of the monitoring and evaluation of the EIT.

(3)

The first SIA should include detailed specifications and terms of reference concerning the operation of the EIT, the procedures for co-operation between the Governing Board and the Knowledge and Innovation Communities ("the KICs") and the methods of funding the KICs,

HAVE ADOPTED THIS DECISION: