Through I-TEC, the European Commission will help build within venture capital fund management companies a lasting capability to appraise and manage early stage investment. The Commission's budget for the I-TEC pilot project amounts to 7.5 million ECU and comes from the Commission's Innovation Programme, which is part of the EU's research framework programme.
Le projet I-TEC participera au financement des coûts d'évaluation initiale et de gestion active que doivent supporter les investisseurs de capital-risque, de manière à faciliter l'investissement précoce dans des PME (petites et moyennes entreprises) technologiquement innovantes.