IWT

IWT (Agency for Innovation by Science and Technology) has evolved through a strategic merger in January 2016, becoming an integral part of the newly established Flanders Innovation & Entrepreneurship agency. This consolidation represents a significant restructuring of Flanders' innovation ecosystem, bringing together complementary resources and expertise under one unified organization. The merger was designed to streamline support services for businesses and research institutions while creating a more cohesive approach to fostering regional economic development through innovation.

Prior to the merger, IWT served as the primary Flemish government agency responsible for supporting innovation through science and technology initiatives. The organization built a strong reputation for providing funding, grants, and strategic guidance to startups, established companies, and research institutions across Flanders. Their portfolio encompassed diverse sectors including life sciences, clean technology, digital innovation, and manufacturing, with particular emphasis on projects demonstrating commercial potential alongside scientific merit.

The successor organization, Flanders Innovation & Entrepreneurship, continues and expands upon IWT's mission with a broader mandate. The agency now offers comprehensive support throughout the entire business development lifecycle—from initial concept and startup phase through scale-up and international expansion. This integrated approach combines innovation funding with entrepreneurship development programs, creating a more holistic support system for the Flemish innovation economy. Stakeholders previously engaged with IWT are directed to follow the new agency's activities through its dedicated LinkedIn presence.

Under its new structure, the agency maintains focus on key strategic domains aligned with Flemish economic priorities and European innovation initiatives. The organization continues to manage substantial investment portfolios and grant programs while developing new instruments to address emerging challenges in digitalization, sustainability, and global competitiveness. By consolidating previously separate innovation support mechanisms, Flanders Innovation & Entrepreneurship aims to increase efficiency, reduce administrative complexity for applicants, and ultimately strengthen the region's position as a leading European innovation hub.