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CORDIS

EIT Cross-KIC Strategic Access to Finance

Project description

Paving the way for sustainable ventures

In a dynamic landscape where innovation fuels progress, groundbreaking ideas often encounter a formidable adversary: lack of financial support. Start-ups and scaleups, brimming with potential to reshape industries, frequently face obstacles in accessing the funds they need to flourish. This is stifling the growth of promising ventures. With this in mind, the EU-funded EIT_XKIC_A2F project spearheads collaboration between the European Institute of Innovation and Technology, European Innovation Council, European Investment Fund and European Investment Bank, aiming to dismantle the funding barriers and empower initiatives supported by the Knowledge and Innovation Community (KIC) with the resources they require to thrive. By fostering synergies across these institutions, the project aims to fortify the financial sustainability of KICs while diversifying revenue streams through returns on investment and equity.

Objective

Developing synergies of the EIT community with EIC and EIF to facilitate investments (Access to Finance) for the KICs supported ventures (startups / scaleups) & innovation projects and that also contribute to the KICs’ financial sustainability and diversification of revenues from ROI mechanisms / Equity.

Coordinator

EIT MANUFACTURING ASBL
Net EU contribution
€ 274 730,00
Address
NANO-INNOV, AVENUE DE LA VAUVE 8
91120 Palaiseau
France

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Region
Ile-de-France Ile-de-France Essonne
Activity type
Other
Links
Total cost
€ 274 730,00

Participants (7)