Study on financing the digital transformation: unlocking the value of photonics and microelectronics

The European Investment Bank has recently released a study highlighting the importance of photonics and microelectronics to propel the next wave of digital innovation and keep Europe competitive. The study shows that many high-technology companies find it difficult to raise scale-up capital to fully capture the growing demand for their products and services after the first commercial launch. This sub-optimal funding situation is often linked to the complexity and high risk of photonics and microelectronics. The study provides concrete actions directed to increase supply of financing to these strategic sectors. They also aim to improve sector visibility, coordination between public funding programmes and follow-on financial instruments and advisory services to improve the investment readiness of projects.