Altfinator Project aims to increase the capacity of the financial ecosystem to improve innovative SMEs’ access to alternative finance in Europe. As part of its activities, Altfinator is launching the first edition of its massive open online courses on Alternative Finance. The goal is to help participants navigate the world of Alternative Finance and Fintech. The course is designed to provide both basic and advanced knowledge about crowdfunding, invoice trading, VC, risk assessment, or fintech
The European Investment Bank (EIB) is lending EUR 24 million to F2G Biotech, a research-intensive company in Austria, focusing on the discovery and development of novel drugs to treat life threatening fungal diseases.
he European Investment Bank today signed an agreement with the WindPlus consortium to provide a €60 million loan for installing a wind farm that will float in deep waters off the Portuguese coast. The loan will come from the InnovFin Energy Demonstration Projects facility (InnovFin EDP), which is funded under the EU’s research and innovation programme Horizon 2020.
The European Investment Bank is designing the Circular Bioeconomy Investment Platform with the support of the European Commission under Horizon 2020. The Fund will be set up in the framework of InnovFin – EU Finance for Innovators.
The European Commission is supporting EBRD Pilot Action entitled ‘Innovation Support in Bulgaria, Latvia and Romania’, with €20 million in grants with the objective of addressing investment gaps in innovation and helping innovative SMEs and midcaps in these countries. The pilot action will provide a comprehensive package of finance (loans), advisory support and measures to promote green technologies.
The European Council confirmed in Brussels yesterday the set-up of an European Innovation Council for market-creating innovation under the next EU long-term budget. The Council also invited the Commission to launch a new pilot initiative on breakthrough innovation within the remaining time of Horizon 2020.
The European Commission and the European Investment Fund (EIF) have launched a Pan-European Venture Capital Funds-of-Funds programme (VentureEU) to boost investment in innovative start-up and scale-up companies across Europe.
An EU loan of €20 million will support a Barcelona-based start-up to develop and commercialise a device capable of identifying within an hour a range of infectious pathogens, such as those contained in meningitis, respiratory or gastro-intestinal infections.