The resulting report serves as a resource for policy discussions on the next EU Multi-annual Financial Framework (MFF), the Capital Markets Union (CMU), and the upcoming report on Europe's competitiveness.

The report outlines recommendations for various institutions, including the European Commission, national governments and their sovereign funds, pension funds, insurance companies and asset managers, corporations and corporate venturing arms, venture capital and growth equity funds, and financial services firms.

The key finding of the report is the significant potential for scaling up capital available for Europe’s technology companies. For pension plans, asset managers, and corporates, this represents a €1 trillion investment opportunity over the next five years via specialised venture capital and growth equity funds in Europe’s rapidly growing technology sector. This investment would offer several benefits:

Strategically, it would preserve and enhance Europe’s sovereignty and security by providing funding for essential solutions in AI and computing, healthcare, biotechnology, energy transition, climate change, space, and defence.

Financially, it would generate returns for European taxpayers, savers, and pension plan holders, thus supporting welfare systems and fostering a more sustainable economy and equitable society without adversely impacting EU and national budgets.

Tactically, it would catalyse key national and European goals: boosting private investment in research and development, fostering the single market and the capital markets union, and strengthening business competitiveness.

Member of the Group Anne Glover, CEO of Amadeus Capital Partners, commented: “While Europe, including the United Kingdom, faces many challenges, the pace of development of our technology ecosystems over the past decade is a success story that can be built upon. Our independent and specialised investment fund managers can effectively scale investment across Europe and across the technologies that are key for our future health, security and wellbeing.”

Catherine Lewis La Torre, also a member of the group and former CEO & Executive Director of the British Business Bank, commented: “Over the next five years, an additional € 1 trillion of funding can be invested at the European level to deliver the technology sector’s full potential. This capital investment would lead to better outcomes for our businesses, governments and societies by improving competitiveness, protecting sovereignty, and delivering attractive long-term financial returns.”

The report can be downloaded online www.scalinginvestments.eu