The consortium, led by Tallinn University of Technology, received 400,000 euros in funding from the European Institute of Technology and Innovation (EIT) for the first phase of the UNIcorn project.

"With the support of the UNIcorn project, the participating universities will strengthen cooperation with companies and improve entrepreneurship education," said Sven Illing, Vice-Rector for Entrepreneurship at TalTech .

The project has four main lines of action:

* developing the knowledge and technology transfer process and the competencies needed for it;

* developing entrepreneurship education to support entrepreneurship and innovation;

* strengthening university partnerships and networks with the business ecosystem;

* improving the system for measuring the impact of business cooperation.

The project describes the activities of the knowledge and technology transfer process and the competencies required, as well as developing a new module on entrepreneurship education, establishing new links with both the EIT and its external partners (including companies, investors, other universities) and developing indicators and a system for measuring entrepreneurship. Impact on the university and society.

The activities of the first phase of the project will run from July to December 2021, where a consortium of six partners will have to meet specific benchmarks to assess whether the project will be funded with up to € 800,000 in the second phase from January 2022 to July 2023.

The project “Fostering knowledge transfer from university to business - innovation to unicorn” (abbreviation UNIcorn) is led by Tallinn University of Technology, partners are University of Tartu, Tallinn University, Stockholm School of Economics in Riga (Latvia), Vilnius University (Lithuania) and Tecnalia Research and Technology Development Center (Spain).

Reference Link: https://taltech.ee/uudised/tallinna-tehnikaulikool-arendab-ettevotlikkust-unicorni-projektiga