Search

Today in Munich GE launches a $200M venture fund for smart grid technology. Can this also help electrify Europe’s innovation machine?

GE’s $200M call for entrepreneurs to bring their smart grid technologies is also a challenge to the whole system of research, development and innovation in Europe.

Ireland has launched a €500 million innovation fund as a lure to attract international venture capital firms to set up European operations in the country.

The Commission is distancing itself from the row over the cultivation of genetically-modified crops, by handing responsibility for their cultivation to member states.

The high-level group set up to advise the European Commission on the deployment of key enabling technologies has held its first meeting.

In the last two years the number of exists has fallen by 40 per cent and the total amount of VC funding is down 50 per cent, according to new research by NESTA.