Small innovative companies in Europe report plummeting revenues, but measures such as extending grant terms and early payment of R&D tax credits are handing them a lifeline
The COVID-19 crisis has seen private investment in pre-market, high-risk start-ups dry up overnight. With no cash flow, they need support to stay afloat. The EIC Accelerator could be used to help them
One consequence of Brexit closed a financing source to UK start-ups on 1 Feb. – but access could re-open if a UK and EU trade deal includes Horizon Europe participation
European Court of Auditors says the funding scheme for small and medium sized companies is “effective” but makes several recommendations ahead of its morphing into the European Innovation Council in 2021
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