Commission and EIB launch an initiative to boost investment in European tech scale-ups
The Commission and the European Investment Bank (EIB) Group launched today the European Institutional Investors Pact (EIIP) at the TechEU Equity Summit.
The EIIP 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 need to scale up and compete globally while remaining rooted in Europe. These institutional investors can be banks, pension funds and insurance companies, among others.
The Pact includes two complementary elements to support investors:
- A Policy Dialogue Forum: led by the Commission, it will enable exchanges with institutional investors on regulatory and investment policies developments.
- An Investment Platform: led by the EIB, it will help investors access investment opportunities.
Thirteen institutional investors have already expressed their intention to channel investments into Europe’s innovation and scale-up ecosystem, including through the EUR 15 billion European Tech Champions Initiative (ECTI) 2.0 and the EUR 5 billion Scaleup Europe Fund.
For more information, see the Commission’s PR.