The 2017 EU|BIC Impact has been published

EU BICS Impact Report Published: More than 82,000 clients supported by EU|BICs, generating over 75,000 jobs:



The European BIC Network publicly had launched its EU|BIC Impact Report 2017’ highlighting the trends of the last three years (2014-2016). This report compiled from quantitative and qualitative data shows the added value EU|BICs create in the European economy and in their regional ecosystems. Supporting more than 82,000 clients, and facilitating the creation of more than 12,400 startupsthe EU|BICs helped to generate over 75,000 jobs and leveraged more than 1.96 billion euros in funding for innovative small businesses, shifting from public funding to private.

As confirmed by the report EU|BICs demonstrate their role in making the European economies grow. The three-year time span shows that, after completing the EU|BIC support programmes, the survival rate of the companies is at 87%. The results also show that EU|BICs have fulfilled their inherent public mission by fostering entrepreneurship and innovation values at the local and regional level. Over the three years, the 150 quality-certified business and innovation centres hosted 11,622 promotional events to stimulate innovative entrepreneurship engaging a total number of 619,650 participants from Europe and overseas.

To read the full report click on the LINK to download.

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