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Early-stage startups may miss out as Europe’s accelerator fund gets a 50% cut 

The European Commission’s (EC) European Innovation Council (EIC) Accelerator Fund is set to see a significant decrease in funding, from €1.09 billion in 2023, to €563 million in 2024, putting early-stage startups at a disadvantage.

Akriti Seth: Akriti Seth is a Reporter for 150Sec based in Zurich, Switzerland covering technology and startups in Europe. Throughout her career, Akriti has covered the financial industry, politics, pharmaceuticals and more for news outlets including Bloomberg, ChannelNews Asia, Informa and others.
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