Go back

EIC equity fund makes first investment after repeated delays

Image: Sebastien Pirlet, European Union 2020

Commission promises improved performance once EIC Fund is restructured and fund manager is appointed

The first direct equity investment by the European Innovation Council Fund has been made in a French company developing chip technology for supercomputing, after repeated delays that have frustrated companies.

The EIC Fund was launched alongside the EIC Accelerator as part of the EU’s flagship innovation funder in 2021, with the intention of combining equity and grant-based investments to support the scaling up of R&D-based small companies.

This article on Research Professional News is only available to Research Professional or Pivot-RP users.

Research Professional users can log in and view the article via this link

Pivot-RP users can log in and view the article via this link.