In occasion of the Digital Assembly in Bucharest, the European Commission together with the European Investment Bank, the European Investment Fund, the European Bank for Reconstruction and Development, the World Bank and the International Finance Corporation agreed to launch the Digital Innovation and Scale-up Initiative (DISC). DISC will focus on providing support to strategic future-oriented digital innovations and deep technology that are capital intensive, risky by nature and require longer-term financing (patient capital). In particular, the initiative will focus on the early stage and the scale-up of innovative startups and deep tech SMEs in the Central, Eastern and South Eastern Europe (CESEE) region.
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Source and photo credits: European Commission
