Billions gone: No funds for EIT under new European Union budget

The EU’s European Institute of Innovation and Technology (EIT), a key backer of startups across the bloc, faces an uncertain future without EU funding.

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Billions gone: No funds for EIT under new European Union budget

Closure of EIT could prove controversial, as it is one of only two institutions which sit in EU member state Hungary

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Billions gone: No funds for EIT under new European Union budgetself.__wrap_b(":R1actq6:",0.7)

Closure of EIT could prove controversial, as it is one of only two institutions which sit in EU member state Hungaryself.__wrap_b(":R1qctq6:",1)

Up Round newsletter

Billions gone: No funds for EIT under new European Union budget

Closure of EIT could prove controversial, as it is one of only two institutions which sit in EU member state Hungary