UK considers joining 4 billion euro EU startup fund
EU Commissioner Ekaterina Zaharieva indicates the UK could join a 4.65 billion dollar equity investment fund for startups this year. The move would require a treaty change but is viewed as being in the mutual interest of both parties.
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The United Kingdom is reportedly in talks to join a €4 billion ($4.65 billion) European Union equity fund for startups later this year. EU Commissioner Ekaterina Zaharieva said the move serves mutual interests but requires a treaty change to reverse a previous British opt-out. Rejoining the fund would restore British access to continental venture capital pools and deepen post-Brexit financial ties with the bloc.
