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1291 European Investment Bank crafts new funding plan to keep startups in the EU

The Next Web
Ioanna Lykiardopoulou @ The Next Web 2 place · 10/08/2024 10:29 EDT

European Investment Bank crafts new funding plan to keep startups in the EU

The European Investment Bank (EIB) is considering new measures to help close the funding gap for European startups and prevent them from relocating across the Atlantic. During a meeting with EU finance ministers yesterday in Luxembourg, the EIB proposed its “Action Plan” that aims to boost Europe’s capital markets, investments, and competitiveness. A key pillar of the plan is to increase support for the EU’s venture capital and private equity markets to enable the scaling up of innovative startups and unico

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