Tender Results of European Innovation Council And Smes Executive Agency Eismea , Eismea E 03 3 Eic Fund And R&amp I Investments

Business angels play a crucial role in funding, coaching and supporting their development. This action aims to strengthen the innovation and investment ecosystems for start-up and scale-up companies in the EU in view of their development and growth, chiefly by supporting angel investors and their syndicates. This will be achieved by: — stimulating the creation and nurturing of business angel groups in countries where they remain absent or weak (e.g. developing capacity-building programmes such as trainings spurring knowledge transfer between well established and nascent/rudimentary business angel groups); — connecting angel investors across Europe to support deal-flow generation and facilitating cross-border investments that can decisively help companies to scale-up in the EU and then abroad; — advising national/regional authorities on setting-up co-investment vehicles with business angels, which shall engage relevant organisations such as national promotional banks and accelerators.