Post by Florian Forster, CFA

Application polishing and bureaucracy needs to give way to real-world industrial viability and financeability ​Instead of rigid grants, the EU Innovation Fund should provide loans to finance FOAK projects by continuously screening opportunities like any debt fund would. This would provide stronger governance, instill financial discipline, and provide financing when it is needed most. IMO grants and subsidies are also bid for too aggressively just to get validation for the pitch deck but fail to make the project financeable. ​Must read on financing #climatetech - some friends at Hub71 might find this interesting