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2020 EU|BIC Impact and Activity Report

Created in partnership with 100 certified business innovation centres (recognised by the European Commission) across Europe, the study provides insights on:
  • The impact of regional innovation ecosystems on the EU economy and society
  • The contribution of business support organisations
  • Characteristics and role of capital
  • Internationalisation trends


Impact snapshot

A well-performing community
Last year, EU|BICs helped close to 21,000 companies get a head start in the race to get and expand their innovation on the market. Companies supported by EU|BICs outperform other European startups in first-year survival rates: 94% vs 83% EU average. Each EU|BIC client company created on average 4.6 jobs. From 2017-2019, the EU|BIC community supported the creation of more than 56,000 high-quality jobs in Europe. In 2019, EU|BICs raised over € 609 million of funding for over 5,200 companies, with the majority sourced from private investors (75%). Over 4,790 companies received support to internationalise their operations, with the EU (72%), USA (30%) and Asia (21%) as preferred markets for expansion. Our global network counts over 130 quality-certified EU|BICs and 46 Associate Members.

Published on 25-06-2020 00:00 by Bram Pauwels. 6295 page views

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