Pillar III aims to stimulate market-creating breakthroughs and ecosystems conducive to innovation.

    Pillar III Innovative Europe includes three main aspects:

    1. The European Innovation Council, which supports innovations with breakthrough and market creating potential,
    2. European Innovation Ecosystems, which connect regional and national innovation actors, and
    3. The European Institute of Innovation and Technology, which brings key actors (research, education and business) together around common goals for nurturing innovation.