article thumbnail

Europe’s Chips Act to bake in up to €2BN in funding support for startups and scale-ups

TechCrunch

In terms of financing, the EU is already mobilizing more than €43BN in public and private funding to support broader policy goals (around digitalization, the green transition and European R&D) but the Commission said €11BN in EU public funds will be “directly provided” for semiconductor capacity support — under a “Chips (..)

support 68