Community Research and Development Information Service - CORDIS


Interim assessment of the I-TEC pilot project

Funded under: FP5-INNOVATION-SME


Innovation Policy Studies - Innovation Finance

The I-TEC (Innovation and Technology Equity Capital) pilot project started in June 1997. Its objective is to encourage economically viable, high-quality early-stage investments in technologically innovative European SMEs. As a means to this end, it aimed to build lasting capacity within venture capital operators to appraise and manage such investments. ¿11 million euros was set aside for 28 venture capital firms - ¿7.5 million euros in I-TEC 1 and ¿3.5 million euros in I-TEC 2. An interim assessment of the pilot programme was carried out between May 1999 and March 2000. The study looks at the intervention logic, the measures and their take-up, additionality and impact, and barriers and prospects.

A summary of the study is contained in the publication \"Building an innovative economy in Europe\", which summarises the first 12 studies in the Innovation Policy Studies series (

The summary can also be downloaded below.

The full study is available for sale from EUR-OP sales agents ( for ¿11.50 euros.

EUR 17033
ISBN 92-894-0634-8
Catalogue Number: NB-NA-17033-EN-C

Download application/pdf (119682)

Record Number: 1810 / Last updated on: 2002-04-26
Category: STUD