What is the Digital Innovation and Scale-up Initiative and how could it help innovation in the region?

  • Date: 24/04/20
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The Digital Innovation and Scale-up initiative (DISC) was initially launched in the Central, Eastern and South Eastern Europe region, and aims to address the investment gap in digital innovations and to support the scale-up of digital start-ups in the region. 

Based on this approach, the European Commission aims to measure the need and possibilities for the implementation of a similar initiative in the Eastern partner countries. In order to achieve this, the EU4Digital Facility has launched a new activity – ‘Market assessment for the Digital Innovation and Scale-up Initiative (DISC study) in the Eastern partner countries’. 

The Market Assessment will support the European Commission in understanding the investment gap and serve as a basis for considering the implementation of a DISC-like initiative (specific EU financial support mechanism) in the Eastern partner countries to support local high tech start-ups and scale-ups, their access to finance and their development within the region.