– By facilitating regular dialogue and knowledge sharing, EIF and NIF will ensure a cohesive strategy to strengthen the ecosystem for investments in defense, security, and resilience, says Marjut Falkstedt, head of the European Investment Fund, in the press release.
The agreement aims, among other things, to encourage venture capital funds to invest in technology sectors related to defense and security, thereby broadening the sources of financing for EU companies. The agreement also outlines collaborative activities to share knowledge and raise awareness of the investment potential within defense and security.
According to the press release, the parties will also exchange information with the EU Commission in areas where the Commission's involvement may be beneficial.
– There is significant momentum in deep tech driving innovations to strengthen European defense, security, and resilience. We are pleased to collaborate with EIF, the EIB Group (European Investment Bank Group, editor's note), and the Commission to unlock investment opportunities for European companies, promoting capacity building for dual-use innovation, says Andrea Traversone, Managing Partner at the NATO Innovation Fund.