HomeNewsNewsJoint Declaration for a Pan European Scale-up Initiative

Joint Declaration for a Pan European Scale-up Initiative

  • February 23, 2022
  • Posted by: EBAN Team
  • Category: News, Resources, Resources Members Area, Resources-Featured
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Ministers from 18 EU countries have just signed the new joint European Tech Champions Initiative (ETCI). The aim is to raise €10 billion for an umbrella fund, under which 10 to 20 new European venture capital funds will be created, each with more than €1 billion to invest. The declaration is signed by Denmark, Estonia, Greece, Spain, Italy, Latvia, Lithuania, Luxembourg, Netherlands, Austria, Portugal, Romania, Finland, Sweden, and with the support of Bulgaria and Slovenia.

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