Education and training are arguably the most efficient tools to support human empowerment and development. Knowledge and skills are the prerequisite to help employability and foster social inclusion, while research and innovation are key to make society more competitive and create new jobs.
Under the EU 2020 strategy, the EIB invests in education, research and innovation to overcome structural weaknesses in Europe's economy and improving its competitiveness and sustainability.
We help to prepare EU citizens to address current and future global challenges, such as the transition towards cleaner technologies and renewable energy sources to fight climate change. In this context, we also support the European Higher Education Area and the European Research Area.
Projects eligible for financing
We finance projects that:
increase the quality and capacity of education facilities, especially by upgrading school premises and backing training schemes. Example of project financed: schools in Greece
support student loan schemes or pan-European student mobility programmes. Example of project financed: Diákhitel Központ Hungary
Based on a combination of public and private funding, including EUR 53 million support from the EIB (GBP 41,59 million), the University of York campus extension will eventually result in an increase in total student numbers to around 15,000 as well as creating 450 new jobs.