The European Investment Bank proposed on Monday to help close the funding gap and retain the most innovative start-up companies looking to grow in Europe through support for the EU venture capital and private equity markets. The initiative, presented by the bank to finance ministers at a meeting in Luxembourg, is part of the EU’s push to develop its capital markets and be attractive for innovative start-ups that now often relocate to the United States where finding financing is easier.
European Investment Bank to boost funding for EU tech start-ups | Reuters