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European leaders are working hard to provide the levels of financial support needed to facilitate innovation at all levels.

This week the European Investment Bank (EIB) and the European Commission (EC) are launching a range of new tools that can help pioneers in member states ‘and neighbouring countries’.

The ‘InnovFin – EU Finance for Innovators’ programme, led by the EIB, EC and Horizon 2020, the European Union’s Research and Innovation platform, will strive to close the ‘financial gaps’ faced by ‘innovative companies’. This will include lending to higher risk ventures that often face difficulties in sourcing funding.

Image: https://www.innovatorsmag.com