Commission delivers €100 Millions to tech startups and SMEs - puts money where mouth is.

Around 1000 start-ups and other highly innovative companies will receive grants from a new €100m funding round from the European Commission’s Future Internet Public-Private-Partnership to develop apps and other digital services, in areas such as transport, health, smart manufacturing, energy and media.

European Commission Vice President Neelie Kroes said: “I promised action at Le Web in Paris last December and now I am delivering. We need more innovation and a more digital economy in Europe and that starts with a better ecosystem for start-ups. We’re putting our money where our mouth is.”

EuropeanCommission/Press release