The Foundation for Technological Innovation (FIT) was founded in 1994 to support the creation and development of new businesses in the canton of Vaud and French-speaking Switzerland. FIT provides grants and loans to innovative projects in various fields such as energy & environment, precision industries, nutrition & food technologies, life sciences & health, and information & digital technologies. With different programs like FIT Tech for technological startups, FIT Digital for startups with innovative business models, FIT Food & Hospitality Vertical for projects in nutrition and hospitality, and FIT Impact for impactful low-tech projects, FIT has supported numerous startups over the years. In 2023 alone, FIT supported 44 projects with a total amount of 4.85 million Swiss francs.