EIB to Inject €70 Billion Into European Technology Sector by 2027
The European Investment Bank (EIB) is set to unveil an ambitious plan to invest €70 billion in Europe’s technology sector over the next three years, according to EU officials. The program, called Tech EU, aims to strengthen Europe’s position in the global technology race against the United States and China by fueling innovation in clean energy and digital technologies.
The announcement is expected to be made this Friday, marking a significant step in the EU’s effort to create a thriving and competitive tech ecosystem.
Tech EU Program: A Breakdown of the €70 Billion Investment
EU officials revealed that the €70 billion funding will be distributed as follows:
- €20 billion in equity and quasi-equity investments
- €40 billion in loans to tech-driven companies
- €10 billion in guarantees to de-risk private sector investments
This massive financial injection is projected to mobilize an additional €250 billion in private investments, as global investors are expected to co-invest in EIB-backed ventures.
Strategic Focus Areas for EIB Tech Investment
The EIB’s Tech EU program will target high-potential and high-risk sectors across Europe, focusing on:
- Artificial Intelligence and Supercomputing
- Digital Infrastructure
- Critical Raw Materials
- Green Technologies such as offshore wind power
- Health, Security, and Defence Tech
- Advanced Robotics and Smart Manufacturing
- Innovative Materials and Sustainable Industry Solutions
This initiative will complement European Commission efforts to support breakthrough innovations, including proof-of-concept development, scale-up funding, and initial public offerings (IPOs) for promising startups.
Boosting EU’s Global Tech Competitiveness
With a balance sheet totaling €556 billion, the EIB is the world’s largest multilateral lender. The Tech EU initiative reflects a broader strategy to close the innovation gap between Europe and global tech powerhouses.
By facilitating access to capital and mitigating risk for tech startups and scale-ups, the EIB aims to build a resilient, sovereign, and future-ready European tech landscape.
Key Takeaways:
- €70 billion to be invested by EIB in tech between 2025 and 2025–2027.
- The program is expected to leverage €250 billion in private capital.
- Focus on AI, green tech, supercomputing, health, and digital infrastructure.
- Complements the EU’s push for strategic technological autonomy.
