Yep! But the overlap between the UK and EU ecosystem would be dwarfed by the overlap of the US-UK ecosystem. So long as the EU doesn't have their own equivalen

Yep! But the overlap between the UK and EU ecosystem would be dwarfed by the overlap of the US-UK ecosystem. So long as the EU doesn't have their own equivalent of Index Ventures, I'm not sure an EIB style industrial policy program would have significant impact on the British startup scene.