Innovation was a top priority for the world's most powerful nations at the G20 meeting last September, in Hangzhou. However, Europe still has some “negative trends” to address, says Commissioner Carlos Moedas.
Levels of private equity investment have increased in 12 European countries despite the listless economy, a recent report shows. Vincenzo Morelli tells EURACTIV the findings show that companies backed by private equity are the most innovative in Europe.
The EU has stepped up its investment in the venture capital industry and will make a €1 billion fund available by the end of 2012, European Investment Bank (EIB) Vice-President Matthias Kollatz-Ahnen told EURACTIV in an interview.
Securing funds to produce and promote new products are essential to the survival of new businesses, says Helen Wooldridge, founder of Cuddledry Limited, who believes having her own business makes it easier to juggle work and family life.