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

TechCrunch

The proposal also includes a loosening of strict EU state aid rules that will allow Member States to provide financial support to novel “first of a kind” chip fabs. A dedicated semiconductor equity investment facility (under InvestEU program ) will also support scale-ups and SMEs with market expansion, per the Commission.

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