European Investment Bank calls for more ‘innovation’ financing in EU
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The European Investment Bank (EIB) has issued a call for increased innovation financing in the European Union to bolster the region’s tech leadership, according to a new report.
On July 24, the EIB released the report, which highlights what it called the “critical need” of removing investment barriers in order to channel savings into key areas of the EU market.
EU pushes innovation
The report, entitled “The Scale-up Gap: Financial Market Constraints Holding Back Innovative Firms in the European Union,” underscores the importance of greater investment in scale-up companies to maintain the EU’s technological edge and compete globally.
