EU Start-ups in Limbo As Commission Dithers over European Innovation Council Equity Fund
EU Start-ups in Limbo As Commission Dithers over European Innovation Council Equity Fund
The European Innovation Council's (EIC) Accelerator funding for start-ups continues to be held up as the Commission's directorates fight over how to manage the new equity fund. The delays are affecting companies selected to receive 'blended finance' - a mix of grant and equity funding - following the June cut-off date last year, the first under Horizon Europe. But the impact may soon be felt by those next in line, which were selected for funding following the October cut-off.