BAKU, Azerbaijan, August 25. The European
Investment Bank (EIB) Group is moving forward with its TechEU
Programme, which aims to mobilize 250 billion euros in investment
by 2027 for start-ups, scale-ups, and innovative companies across
Europe, Trend reports.
The initiative introduces a fast-track system to facilitate
access to financing.
The new TechEU Platform includes the TechEU Portal, featuring an
“Investment Readiness Checker.” This tool allows European start-ups
and scale-ups in cleantech, life sciences, and digital technologies
to see how the EIB Group can support their projects. The platform
provides access to a range of financing options, including equity,
debt, guarantees, and advisory services.
The Investment Readiness Checker will be launched on 27 August
at TechBBQ, an international innovation conference in Denmark. The
platform will be further developed to include more participants and
financing options over time.
The TechEU Programme is intended to support an additional 1,000
innovators annually. It is backed by 70 billion euros in EIB Group
equity, quasi-equity, loans, and guarantees for 2025–2027, and aims
to mobilize at least 250 billion euros in investments.
The platform also offers advisory services and access to other
EIB and EIF financial tools throughout the innovation lifecycle.
The programme focuses on cleantech, health tech, digitalization,
AI, defence, space tech, and critical raw materials, with the first
wave prioritizing cleantech and aiming to mobilize 18 billion euros
in investments.
