The European Investment Bank (EIB) has announced a substantial investment of €70 billion aimed at boosting the technology sector in Europe. However, skepticism surrounds the effectiveness of allocating such funds. Critics argue that EU bureaucracy could hinder startup access to these funds, making the process complicated and slow. Some comments highlight the way funds often favor established players over true innovators, suggesting that a more direct partnership with private sectors might yield better results. There is a call for a comprehensive approach that includes tax breaks and an enhanced fiscal climate to truly foster tech innovation.