The food sector is a strategic part of the European economy, but it faces many complex challenges:
– The sector is afraid of risk
– Spending on innovation is low
– The sector does not use technology adequately
– The financing landscape is too fragmented To prepare food production for the future, we need more innovation, we must reap the full potential of technology, and we need creative financing.
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About European Investment Bank
The European Investment Bank is the world's biggest multilateral lender. The only bank owned by and representing the interests of the EU countries, the EIB finances Europe's economic growth. Over six decades the Bank has backed start-ups like Skype and massive schemes like the Øresund Bridge linking Sweden and Denmark. Headquartered in Luxembourg, the EIB Group includes the European Investment Fund, a specialist financer of small and medium-sized enterprises.
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