European Investment Bank hatches plans to keep start-ups in Europe

The European Investment Bank (EIB) has proposed new measures to support companies in scaling up, to ensure that technologies developed in Europe remain here. At a meeting with Eurogroup finance ministers in Luxembourg last week, EIB president Nadia Calviño presented plans to scale up equity and venture debt investments, and to set up an exit fund to finance the acquisition and listing of tech start-ups.