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The article addresses some of these points: > EIB President Nadia Calviño emphasizes the bank's willingness to take more risks, notably speeding up the venture
by thih9 1y ago
The article addresses some of these points:
> EIB President Nadia Calviño emphasizes the bank's willingness to take more risks, notably speeding up the venture capital financing process, which could be pivotal for startups in a fast-moving market
> The bank aims to process startup financing applications within six months, significantly improving from the current 18-month timespan.
- alephnerd 1y agoThat's part of the problem. 6 months is too long for an early stage venture to get capital unlocked. And this rightfully causes a lot of us to worry that this foreshadows a significant lack of domain experience in the EIB's proposal (which btw hasn't been made public yet)