Entrepreneurs who plough their own funds into new businesses now invest more in Europe than venture capitalists. But universities are failing to tap into the funding, a project by the European Trade Association for Business Angels, Seed Funds and Other Early Stage Market Players (Eban) has said.
Access-ICT, a Framework-7-funded project on investment in information technology start-ups led by Eban, found that people within universities often don’t have the right attitude for commercialisation.
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