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EIT announces awards for entrepreneurs

The European Institute of Innovation and Technology – the EIT, set up by the European Union to encourage innovation – is to launch an awards programme for young entrepreneurs next year, in partnership with Science|Business. The move is part of a push to change attitudes to entrepreneurship in Europe, and was announced today (3 February) by EIT Board member Daria Tataj at the ACES Academic Enterprise conference, held at the Swiss Federal Institute of Technology in Zurich.

A summit memo: Fix Europe’s innovation system

Unusually, innovation is on the agenda at the meeting Feb. 4 of European leaders in Brussels. On the eve of this summit, a group of innovation leaders calls for a sweeping overhaul of the system.

US venture capitalists look to 2011 to steady the ship

After the turbulence of credit crunch and recession, US venture capitalists regained some confidence in 2010. More money is becoming available for seed investments and start-ups, and the words Initial, Public and Offering are creeping back into the lexicon