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

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

European Innovation Council And SMEs Executive Agency EISMEA , EISMEA E 03 3 EIC Fund And R&amp I Investments Tender Result

Result Stage: Awarded  (AOC Available)
Belgium
Contract Date20 Dec 2023
Contract AmountEUR 1.2 Million (USD 1.3 Million)
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.