• Wed. Dec 1st, 2021

Corte Conti, excellent results for the Italian Institute of Technology

Byeditorial

May 25, 2021

The Court of Auditors applauds the Italian Institute of Technology and speaks of excellent results in 2019. The iit, within the framework of the 2018-2023 Strategic Plan, is committed to four strategic research lines: robotics, nanomaterials, technologies for science life tech and computational sciences. In line with the objective of establishing and developing collaborative relationships with the context of Italian research, the phase of launch of a scientific project which provided for an initial contribution (in 2015) amounting to 80 million euros: Human Technopole 2040, emerges from the Report approved with resolution no. 37/2021 by the Entities Control Section of the Court of Auditors. As regards scientific activities, the document reads, among the significant results achieved in 2019, the Report mentions the birth of the first soft robot capable of imitating the behavior of tendrils and climbing, the HyQ quadrupedal robot capable of towing a passenger plane, the development of educational games to study mathematics and geometry using dance and music, robot-robot collaboration, the microscope with “25 eyes” to observe the biomolecules of man at work. bio-printing, the diagnosis of Parkinson’s disease with a sample, the study on the development of the brain in the first year of life, the new “luminous” technique to regenerate blood vessels, graphene sail, a new glassy material deformable at temperature environment, the study of new eco-sustainable paints and the use of artificial intelligence and advanced computing for the design of new drugs. Thanks to access to funding from the European Research Council (ERC), the IIT Foundation has launched seven new projects, in addition to the thirty winning results in previous years. Overall, at the end of 2019, the projects signed with European, national and international entities reached a value of almost 278 million (221 million in 2018), while with regard to collaboration with the industrial and institutional world, 22 start-ups and 40 projects are being studied. Finally, with reference to the sector dedicated to the protection and exploitation of intellectual property, the Court reports that 159 patent applications were filed in the year under review. As for the main accounting and financial data, the Court noted that the economic surplus, equal to € 6,596,389 in 2019, with an increase of 1.2 million compared to 2018, is due to the increase in the value of production. In particular, there was a significant increase in revenues from sales and services (40.10%), contributions to research (15.91%), contingent assets (34.67%) and other revenues and income (55 , 83%). Shareholders’ equity, equal to € 423,828,490, decreased by 27.44%, but this reduction, the accounting magistrates underline, is related to the transfer of the funds tied to specific projects including the Human Technopole 2040 project and the co- funding, provided for by a specific Mef-Miur-Iit protocol, of some projects of significant national interest (Prin) attributable to scientific sectors relating to the areas of interest of the Foundation.

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