Page 1

Glossary Art 2.1 of the FPA:

KIC Knowledge and Innovation Community

The KIC is an autonomous partnership of higher education institutions, research organisations, companies and other stakeholders in the innovation process in the form of a strategic network based on joint mid-to long-term innovation planning to achieve the EIT challenges, regardless of its precise form. References to the KIC mean references to KIC LE and KIC Partners. Art 2.5 of the FPA: The “KIC Legal Entity� has been established to enable the KIC to function as an integrated partnership, and to coordinate its activities. The KIC LE shall be the intermediary for any communication between the EIT and the KIC partners, with the exception foreseen in this FPA and other Specific Agreements. The KIC LE shall, inter alia:

KIC Legal Entity (LE)

a. be responsible for ensuring that the action is implemented in accordance with the agreement and the provisions of Specific Agreements; b. be responsible for supplying, obtaining, verifying and submitting information to the EIT related to this agreement and the Specific Agreements; c. make the appropriate arrangements for providing the financial guarantee of the KIC LE and/or KIC partners participating in the action, when requested; d. establish the payment requests to the EIT, detailing the exact share and amount assigned to each KIC added value activity, as defined in this agreement, and in accordance with the Grant Agreements, the estimated eligible costs and the actual costs incurred; e. ensure that all the appropriate payments made by the EIT and which are designed for the KIC partners are transmitted by the KIC LE in due time; f. be responsible for ensuring that, in the event of audits, checks or evaluations, all the necessary documents in accordance with this FPA and Grant Agreements, related to the implementation of KIC activities, including the original accounting documents pertaining thereto and signed copies of sub-contracts and sub-grant agreements, are provided to requested European Union Institutions or bodies, in accordance with Article 12. Art 2.4 of the FPA:

KIC Partner

A "KIC partner" is an entity that concludes an Internal Agreement as attached in Annex II with the KIC LE in accordance with paragraphs 6 and 7 of this Article. Members of the KIC LE and other entities pursuant to the provisions in

1


Annex I may be considered as KIC partners subject to the conclusion of such Internal Agreements. The list of KIC partners is attached in Annex II. By becoming a KIC partner, it agrees to honour vis-Ă -vis the KIC LE all obligations pertaining to it under the Framework Partnership Agreement and the respective Annual Grant Agreements as own obligations vis-Ă -vis the KIC LE. Art 6.2 of the FPA:

KIC added value activities

KIC Complementary Activities

KIC added value activities are activities carried out by the KIC LE and/or KIC Partners, or by them in co-operation with other entities, that within the priority areas of the KIC stimulate innovation. These activities include education, research and innovation and entrepreneurial programmes as well as programmes and projects contributing to the integration of the knowledge triangle within the KIC. The latter programmes and projects include, in particular, supporting and delivering the appropriate leadership, governance, co-location centres, mobility, intellectual property rights, coordination, administration and engagement by the KIC with other actors in Europe and beyond. KIC activities other than KIC added-value activities, that are carried out by the KIC LE and/or KIC Partners, or by them in co-operation with other entities, that primarily focus on activities listed under article 4 of the FPA (nature of KIC activities) and meet the criteria of Article 6(1) of the FPA Whilst keeping in line with the above EIT requirements, the KIC LEs may establish their KIC specific system of criteria for KIC complementary activities that will serve as a detailed guide to their KIC partners.

KIC Global Expenditure

Correspond to the costs of KIC activities necessary for the implementation of the Business Plan (sum of KIC added value activities and KIC complementary activities) which meet the criteria of Article 6(1) of the FPA

(Eligible) Cost of KIC Added Value Activities

All costs of KIC added value activities that meet the eligibility criteria (GA 7.1)

Cost of KIC Complementary Activities

Cost incurred for KIC complementary activities that meet the criteria set out in Art 6.1. of the FPA.

EIT financial Contribution

EIT financial contribution in the form of grant for action, to reimburse part of the costs of KIC added value activities. (GA Article 4.3)

Co-funding

Funding of KIC added value activities from other than EIT financial contribution sources, like KIC LE/Partners own resources, etc. Co-funding contributes to the min. 75% share of global expenditure. Contrary to complementary funding,

2


other EU (non-EIT) funding sources may not serve as co-funding.

Action

Action is a term used in the FPA/GA meanings a set of KIC activities as defined in the Business Plan for year N. Action covers both added-value and complementary activities.

KIC Report

KIC report is the final report covering information on KIC added value activities and KIC complementary activities during the year N. It consists of several sections and covers both the technical and the financial aspects.

Goal

Broad, overarching statement of the wider intention or ambition of the KIC activity or a Business Plan segment consisting of several related KIC activities. A goal is typically pursued through a sequence of objectives.

Objective

Specific description of the intended concrete outcomes of the KIC activity.

Milestone

Scheduled event or point in time that indicates the completion of a major phase of a KIC activity. Milestones are identifiable, observable and serve as progress markers but there is no work or consumption of resources associated with them. Tangible document, medium, or other artefact encapsulating the quantifiable outputs (e.g. products, services) created by a KIC added-value activity in pursuit of a specific objective and are defined in the Business Plan for each specific activity

Deliverable

N.B.: Core KIC documents (plans and reports that support KIC work) are part of the KIC planning and monitoring process and should not be listed as deliverables of KIC added-value activities.

Examples: comparative studies, market analysis reports, handbook and training tools, innovative education and training modules, new curricula and qualifications, e-learning modules, guidance material for new approaches and methodologies, testbeds and experimental facilities, prototypes, patents, seminars, workshops, conferences, online forums, newsletters, publications, etc.

Outcome

Broader impact achieved through the delivery of outputs of a KIC activity, the extent and kind of impact the KIC activity has on its participants, the potential users of its outputs and the world at large. Impact shall be understood as any change, benefit or value resulting from the KIC activities. This includes intended as well as unintended effects, negative as well as positive, and long-term as well as short-term.

Examples: increased knowledge of participants in a certain field/topic;

3


development of new skills; cross-sectoral and/or transnational dialogue, sharing of experience, cooperation, new or extended partnerships, etc.

Achievements

Realized and recognized outputs and outcomes of a KIC activity.

Performance Indicators

Quantitative metrics measuring the progress towards reaching a goal or an objective over time. Typically Performance Indicators are associated with target values. Broad category of KIC work planned to be undertaken in year N.

Business Plan Area (Budget Heading)

Examples for KIC InnoEnergy: Education, Innovation Projects, Business Creation Services Examples for EIT ICT Labs: Education, Thematic, Business Examples for Climate KIC: Education, Innovation & Pathfinder, Entrepreneurship

Business Plan Segment (Budget Subheading)

A grouping of planned KIC activities based on, for example topical or geographical criteria. This KIC work disaggregation level is optional, and refers to an upper than Activity but lower than Area level of disaggregation of KIC Business Plan.

Examples for KIC InnoEnergy: MSc Programs, Innovation Projects in Chemical Fuels Examples for EIT ICT Labs: Master School, Health & Wellbeing, New Business Creation Examples for Climate KIC: Scholar (Masters) programmes, Innovation projects, Pathfinder projects, Incubation and Support A homogenous part of the planned KIC work for a year N for which specific objectives, clear scope, key milestones, specific outputs, envisaged outcomes and budgeting assumptions are identified.

Business Plan Activity (Budget Item)

As the definition of this level is based on the KIC's specific internal organization and working methods, the exact level of disaggregation of the overall KIC work at which an activity would be described may vary between the KICs. The Business Plan Activity level could describe a stand-alone KIC added-value activity or the application / linkage of specific KIC added-value components to one or more KIC complementary activities in pursuit of specific objectives.

Examples for KIC InnoEnergy: MSc SELECT, Innovation Project DEMITAR

4


Examples for EIT ICT Labs: Security and Privacy Master Programme, Stress@Work, Strategic Coaching Examples for Climate KIC: SPARK! Lectures, Climate-KIC Journey, Innovation project portfolio XX, Pioneers into Practice programme

KIC Activities

The sum of KIC added-value and complementary activities planned/implemented by a KIC

Receipt

The sum of funds received from different funding sources (EIT, national, own resources, etc.) including any revenue generated by KIC Added Value Activities

Surplus

The total actual receipts attributable to KIC Added Value Activities over the total actual costs thereof

5


The image below is a graphical representation of the relationship between KIC added value activities, KIC complementary activities, their possible funding sources and related expenditure:

6

Eit glossary  

Glossary

Read more
Read more
Similar to
Popular now
Just for you