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Romania supports a new 80 billion euro European fund for technology companies

2026-07-16

Romania supports a new 80 billion euro European fund for technology companies

The European Investment Bank (EIB) recently launched the second edition of the "European Tech Champions" initiative (ETCI 2.0). This program represents an important step for the development of the technology sector in the European Union, with an impressive budget of 80 billion euros.

Romania is among the first member states to express its support for this project. The main goal of the initiative is to provide funding to European technology companies, helping them to grow and become competitive on a global level.

Through this fund, tech companies will be able to access the capital needed to innovate and expand their operations. This measure is essential at a time when digitalization and new technologies are playing an increasingly important role in the European economy.

Romania's participation in this program demonstrates the country's desire to support entrepreneurship and innovation. European officials hope that ETCI 2.0 will also attract private investment, thereby strengthening the technology ecosystem across the entire European Union.

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