The Pact for Innovation (INPACT) was signed by the K4I Forum Chairman Lambert van Nistelrooij, the Vice-Chairman Jerzy Buzek and the K4I leadership. It was handed over to Research and Innovation Commissioner Carlos Moedas during the Opening Ceremony of the 7th European Innovation Summit on 7 December 2015. Both Commissioner Katainen and Commissioner Moedas welcomed the Pact during their speeches and expressed their support. At the same time the President of the Committee of the Regions Markku Markkula welcomed the Pact proposal and invited all members of the European Committee of the Regions to support this initiative.

The objective of the Pact for Innovation (INPACT) is to create a space for close collaboration between key stakeholders and the European Institutions. The focus of INPACT is on implementation of actions within identified priorities, where concrete timely changes can be achieved best at EU level.