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

TechCrunch

It said expects Chips Act “support equity” for startups and scale-ups in the sector to reach €2BN. Commenting in a statement, Margrethe Vestager, the Commission EVP who heads up the digital strategy, said: “ Chips are necessary for the green and digital transition — and for the competitiveness of European industry.

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