UPM has recently become a Main Member of the EIT-Health Spain node, one of the six local nodes of the the European Institute of Innovation and Technology’s “Knowledge and Innovation Community (KIC)” for healthy living and active aging (EIT Health). EIT Health Spain, consists of 25 institutions – universities, research centres, hospitals and technology-leaders – and is committed to innovations in health and improving the quality of life of citizens.
EIT-Health is a consortium comprising a total of 144 leading corporations, universities and research centres in fourteen European countries. With a total budget of €2,100m, it is one of the most ambitious initiatives in the field of publicly funded health. Until the end of 2016, the consortium expects to generate about eighty new business ideas, reaching 140 in 2018. It is expected to generate about seventy start-ups per year and involve one million students in its various training programmes.
The goal of EIT Health is to contribute to increasing the competitiveness of European industry, improve the quality of life of Europe’s citizens and the sustainability of healthcare system.
The partnership will promote entrepreneurship and develop innovations in healthy living and active ageing, providing Europe with new opportunities and resources. This will be achieved through delivering products, concepts and services, including educational programmes that will nurture talents and train the workforce of tomorrow.
Adopting an investor approach, EIT Health will drive the integration of business; research and higher education, boost innovation, and be a catalyst for new solutions for Europe.
EIT Health will overcome the fragmentation of different healthcare systems in Europe and give companies easier access to markets across the EU. The critical mass of partners from business and industry, education, research, healthcare providers and insurance companies within EIT Health, opens the path to reduced time-to-market for added-value products and services.
EIT Health outreach activities are expected to spread all over Europe – establishing new ties to expand innovation and growth.
EIT Health aims to, among others:
- support and grow this figure to 90 new products/services annually by 2018
- by 2018 create 70 start-ups per year
- have 1 000 000 students taking part in its educational online programmes per year by 2018
- In its first full year of operation in 2016 EIT Health expects to incubate approximately 80 new business ideas, rising to 140 in 2018.
EIT-Health has nodes in Spain, France, UK, Belgium, Sweden and Germany.