• European Investment Fund and the NATO Innovation Fund, a venture capital fund backed by 24 North Atlantic Treaty Organization nations, enter partnership.
  • Memorandum of Understanding signed in Brussels sets terms of closer collaboration.
  • Goal is to expand funding for start-ups, SMEs and midcaps in defence, security, and resilience sectors.

The European Investment Fund (EIF) and the NATO Innovation Fund (NIF) signed a Memorandum of Understanding (MoU) to cooperate in supporting the long-term growth of the defence, security, and resilience sectors across Europe. The EIF is part of the European Investment Bank (EIB) Group and the NIF is a standalone venture-capital fund backed by 24 NATO countries.

https://www.eib.org/en/press/all/2024-241-eif-and-nato-innovation-fund-join-forces-to-unlock-private-capital-for-europe-s-defence-and-security-future