5% in EU Innovation Funding Yields a 4,300% ROI

5% in EU Innovation Funding Yields a 4,300% ROI

Some observations from a report on 'Startups backed by the EU’s Framework Programmes', recently released by dealroom.co, dealflow.eu, and EU Startups:While only 5% of the EU innovation funding (about €12B) goes directly to startups, these same startups have raised an additional €70B in private capital and created €520B in combined enterprise value, representing a 4,300% return on investment.The EU Funding Programmes target physical tech and deep…