There is a gap between Europe’s world-class research and its commercialisation of innovation. Start-ups and companies who aim to develop research output into market products often end up in the figurative “Valley of Death”. The problem has risen to the attention of investors and policymakers alike. New lines of public, private or hybrid funding are emerging to bridge the deadly gap. Funding sources are for example venture capitals, corporate venture capitals, business angels, banks, or impact investors.
The European Cluster Collaboration Platform, on behalf of the European Commission, organised the EU Clusters Talk “Private financing for clusters and projects: Options to access new funding sources” on 19 April 2023, 8:30 – 9:45 CET, to raise awareness about other funding sources than public funding programmes, discuss how to search for new funding sources, and how to access private financing for clusters, SMEs, and projects.