The European Investment Bank (EIB) is stepping up support for Europe’s innovative companies with its new TechEU Platform, launched to make financing easier for startups and growing businesses. The TechEU Programme aims to unlock €250 billion in investment by 2027 for companies working in cleantech, life sciences, digital tech, and more.
The platform includes a web tool called the Investment Readiness Checker. This simple online tool helps startups and scaleups see how the EIB Group can support their growth. It acts as a one-stop shop, offering access to loans, equity, guarantees, and advice tailored to entrepreneurs’ needs.
The Investment Readiness Checker will be officially introduced on August 27 at TechBBQ, an innovation conference in Denmark. This launch is just the beginning, with plans to add more financing options and partners in the future.
Merete Clausen, EIF Deputy Chief Executive, said: “Our goal is to help European startups and scaleups get the funding they need to grow and succeed. The TechEU Platform will make it easier to find the right financial support.”
TechEU is the largest innovation financing initiative in Europe. It aims to help at least 1,000 new tech companies each year and ease funding challenges for growing businesses. Between 2025 and 2027, the EIB Group will back the program with €70 billion in loans, equity, guarantees, and other investments.
The platform also offers companies advice and support through all stages of growth, including help before going public. The first focus is on cleantech, aiming to bring in €18 billion in investments and strengthen Europe’s clean energy leadership.
For more details, visitors can check out the TechEU Platform and Investment Readiness Checker at the EIB stand during TechBBQ or online via the event app.
