The document provides an overview of the Very Efficient Deep Learning in IoT (VEdLIoT) project, coordinated by Bielefeld University, aimed at optimizing deep learning for various IoT applications with a focus on performance, cost-effectiveness, and energy efficiency. The project, funded under the Horizon 2020 program, spans from November 2020 to October 2023 and includes a consortium of 12 partners across four EU countries. Use cases highlight advancements in industrial IoT, automotive, and smart home technologies, utilizing a modular, scalable hardware platform with specialized accelerators.