European Investment Bank (EIB) increases financing for start-ups
The European Investment Bank (EIB) wants to become faster and easier to finance start-ups. With an increase in financing for start-ups, the largest European funding programme for European technology companies to date, TechEU, can also be launched.
TechEU is to provide a total of 70 billion euros from 2025 to 2027 and, in combination with private funds, mobilise around 250 billion euros in investments in Europe's innovation landscape.
The aim of the programme is to support fast-growing and successful start-ups and thus keep Europe competitive. TechEU is intended to complement the EU Commission's start-up and scale-up strategy.
The programme will support projects along the entire innovation cycle - from basic research to start-ups and IPOs.
