EU-owned institutions including the EIF are pouring capital and assistance into an early-stage tech transfer vehicle for the Fraunhofer network of applied research institutes.
Fraunhofer-Gesellschaft, an association of 72 Fraunhofer applied research institutes in Germany, is to launch a €60m ($68m) early-stage tech transfer vehicle with the help of EU institutions including the European Investment Fund (EIF).
Fraunhofer Tech Transfer Fund will be funded by ERP-EIF Facility, a collaboration between EIF and the German Federal Ministry for Economic Affairs and Energy, with support from the EU’s European Fund for Strategic Investments.
InnovFin, the EU innovation scheme for small and medium-sized enterprises, will…
