The European Institute of Innovation and Technology is an independent EU Body, headquartered in Budapest, Hungary. It was established on 11 March 2008. Founded: April 11, 2008 Budget: €2.4 billion for 2014–2020 Location: Budapest (headquarters) and across the EU countries Focus: Innovation & Technology Chairman: Dirk Jan van den Berg (Governing Board) and Martin Kern (Interim Director)

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