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‘Continued high demand’ for EU innovation fund equity options

   

Six in ten applicants request equity from European Innovation Council, despite fund’s previous delays

There has been “continued high demand” for equity-based investment from the EU’s flagship European Innovation Council funder, according to the European Commission, despite previous problems with such funding.

The EIC, which launched as a fully fledged funder in 2021 as part of the EU’s Horizon Europe research and innovation programme, uses a mixture of grants and equity-based investments to support the development of technological innovations and the growth of companies based on them.

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