KIC InnoEnergy SE is a European company fostering the integration of education, technology, business and entrepreneurship and strengthening the culture of innovation. Our strategic objective is to become the leading engine of innovation in the field of sustainable energy.

We have been designated as a one of the first three Knowledge and Innovation Communities by the EIT's Governing Board on 16 December 2009 in Budapest. KIC InnoEnergy adresses sustainable energy as its priority area.

KIC InnoEnergy is a world class alliance of top European players with a proven track record. The Consortium consists of 30+ shareholders and additional 50+ partners - companies, research institutes, universities and business schools covering the whole energy mix. They are organised around six regional units, the Co-Location Centres (CC): Alps Valleys, Benelux, Germany, Iberia, Poland Plus and Sweden.

Each of the Co-Location Centres coordinates one important energy topic for all partners:

Installation as a European Company - Clear structure allows for a lean management and the measurement and evaluation of the targeted output.

KIC InnoEnergy SE is run like a business through a flexible and effective organisational structure and with au sound and monitored business plan, focused on results. The annual budget of KIC InnoEnergy amounts to about EUR 110 million in 2011 and will increase continuously in the following years. About one quarter will be funded from other sources with substantial contribution from the KIC InnoEnergy Partners. The EIT will finance KIC InnoEnergy in a first phase with about EUR 30 million annually.