EIB to allot 70 billion euros for tech sector in 2025-2027-officials
Published by Global Banking & Finance Review®
Posted on June 20, 2025
2 min readLast updated: January 23, 2026
Published by Global Banking & Finance Review®
Posted on June 20, 2025
2 min readLast updated: January 23, 2026
The EIB plans to invest 70 billion euros in European tech from 2025-2027, focusing on AI, digital infrastructure, and green industries to boost innovation.
BRUSSELS (Reuters) -The European Investment Bank is likely to announce on Friday plans to pump 70 billion euros into the development of European technology firms over the next three years, EU officials said.
The programme, called Tech EU, is meant to help Europe compete with China and the United States in the race for innovative clean and digital technologies.
The EIB, the biggest multilateral lender in the world with a balance sheet total of 556 billion euros, expects its own 70 bln euros to mobilise a further 250 billion euros of private cash as investors crowd into projects supported by the EIB, EU officials said.
The 70 billion is to be split into 20 billion euros for equity and quasi-equity, 40 billion euros for loans and 10 billion for guarantees in 2025-2027, the officials said.
The plan is to complement European Commission efforts to support higher risk ventures and innovative companies throughout their investment journey, from proof of concept to an initial public offering.
The EIB wants to focus on supercomputing, artificial intelligence, digital infrastructure, critical raw materials, green industries such as offshore wind, health, security and defence technologies, robotics and advanced materials, the officials said.
(Reporting by Jan Strupczewski)
The European Investment Bank plans to invest 70 billion euros in technology firms over the next three years.
The EIB expects its 70 billion euros to mobilize an additional 250 billion euros of private cash from investors.
The EIB aims to focus on supercomputing, artificial intelligence, digital infrastructure, and green industries, among others.
The Tech EU programme is designed to help Europe compete with China and the United States in innovative clean and digital technologies.
The allocation includes 20 billion euros for equity and quasi-equity, 40 billion euros for loans, and 10 billion euros for guarantees.
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