The EIB's initiative aims to ensure European startups and technologies stay in Europe by closing the funding gap with the US through enhanced venture capital support.
EIB President Nadia Calviño emphasized the importance of investing in Europe’s tech champions to reinforce the continent's competitiveness and retain innovative companies.
The EIB's action plan will support European innovators to grow their businesses, thereby boosting productivity, innovation, job creation, and fostering a robust growth model in Europe.
Plans to enhance capital markets include options for helping startups achieve unicorn status and providing exit platforms for acquisitions and public listings.
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