The European Investment Bank (EIB) Group is pressing ahead with its TechEU Programme to mobilise €250 billion in investment by 2027 for start-ups, scale-ups and innovative companies across Europe by putting in place a fast-track system for them to seek financing.
The EIB Group is underpinning TechEU with a platform that will ensure businesses receive timely responses to financing proposals.
The new TechEU Platform features a TechEU Portal with an embedded “Investment Readiness Checker”, an easy-to-use web tool that allows European startups or scaleups working in cleantech, life sciences, and digital technologies to find out how the EIB Group can support their ambitions. The Platform serves as a one-stop shop to streamline access to a range of equity, equity-type products, debt, guarantees, and advisory services tailored specifically for entrepreneurs.
The TechEU Investment Readiness Checker will make its commercial debut on 27 August at TechBBQ in Denmark.
“One of our top priorities is ensuring that European innovators receive the financing they need to start up, scale and thrive in Europe, driving growth across the European economy” said EIF Deputy Chief Executive Merete Clausen. “That’s why we are launching the TechEU Platform, which will streamline access to a variety of financing instruments.”
The TechEU Programme is the largest financing initiative for innovation in Europe and aims to support an additional 1,000 European innovators and tech champions annually, substantially reducing funding constraints for scale-ups. To mobilise at least €250 billion in investments, TechEU benefits from €70 billion in EIB Group equity, quasi-equity, loans and guarantees in 2025-2027.
The Platform also serves as a comprehensive resource for companies, streamlining access to all EIB and EIF financial-support tools throughout the innovation growth cycle, including advisory services provided before initial public offerings (IPOs).
The TechEU Programme focuses on cleantech, health tech, digitalisation and artificial intelligence, defence, space tech and critical raw materials. The first wave of financing concentrates on cleantech, aiming to mobilise €18 billion in investments and reinforcing Europe’s leadership in this sector.
