European Commission and EIB Group launch European Institutional Investors Pact to boost investment in European tech scale-ups
Luxembourg, Sept. 22 -- The Pact is a new voluntary framework designed to channel more long-term institutional capital into Europe's technology and scale-up ecosystem. Thirteen institutional investors have already expressed their intention to channel investments into Europe's innovation and scale-up ecosystem, including through the €15 billion European Tech Champions Initiative (ETCI) 2.0 and the €5 billion Scaleup Europe Fund. The EIIP has been developed jointly by the European Commission and the EIB Group under the EU Startup and Scaleup Strategy. It aims to make it easier for institutional investors to invest in European venture capital and growth equity funds, helping high-growth European companies access the capital they ne...
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