What significant program is the EIT a part of?

The European Institute of Innovation and Technology (EIT) is a crucial component of Horizon 2020, which is the EU’s key funding program for research and innovation. Horizon 2020 was designed to support and facilitate the development of competitive innovations that can address societal challenges and improve Europe’s global competitiveness. By being part of this program, the EIT fosters collaboration among businesses, higher education institutions, and research organizations, aiming to enhance Europe's capacity for innovation and drive European growth.

Other options, while they represent important European initiatives, do not have the same direct connection to the EIT. The EU Social Fund focuses on employment and social inclusion, Creative Europe supports cultural and creative sectors, and Europe for Citizens aims to enhance civic participation. None of these programs emphasize innovation and technology development to the extent that Horizon 2020 does.