EU funds available for web entrpreneurs

Anyone developing an online business is being encouraged to apply to a new €130 million EU fund aimed at supporting e-commerce.

Anyone developing an online business is being encouraged to apply to a new €130 million EU fund aimed at supporting e-commerce.

Budding tech entrepreneurs whose applications are successful can expect to get funding in the range of €50,000 to €150,000 under the European Commission-run scheme.

The grants are being rolled out under the third phase of the Future Internet Public Private Partnership (FIPPP), part of the Startup Europe initiative of the Digital Agenda for Europe.

Applications must be submitted by a deadline of December 10, 2013, and information is available on the website www.fi-ppp.eu/.