Tuesday, June 23, 2020

European Innovation Council - An official entity: European Innovation Council Equity Fund for high-impact innovation

[Source: Research & Innovation] The EIC Fund, which will provide equity from €0.5m to €15m to breakthrough innovation companies selected for EIC Accelerator blended finance support (grant and equity), has become an official entity. This is the first time the European Commission will make such direct equity investments in companies, with ownership stakes expected to be in general from 10% to 25% in start-up companies.

from EUROPA - Syndicated Research News Feed https://ift.tt/3fKGJ0E
via IFTTT

No comments:

Post a Comment