ESCALAR: 1.2 billion EU new investment strategy for SMEsApril 10, 2020
Hat: ESCALAR: 1.2 billion EU new investment strategy for SMEs
Funding Scheme: 2020-04-10
On the 8th April the European Commission launched a new investment approach called ESCALAR, developed together with the European Investment Fund to help high potential companies grow and expand in Europe.
It will provide up to €300 million aiming to increase the investment capacity of venture capital and private equity funds, triggering investments of up to €1.2 billion, or four times the original investment, to support promising companies.
The current ESCALAR call is a pilot phase for 2020 with the objective that ESCALAR, based on this pilot experience, becomes a mainstream European financial instrument, alongside the existing financial instruments after 2020, within the next multiannual framework (2021 – 2027).
Url description: European Commission - Press corner