Support for the digital economy is key to boosting technological innovation and services and essential to driving productivity growth.
In line with the main goals of the EU’s Digital Agenda, the EIB is committed to supporting Europe’s growing data traffic by investing in high-speed internet, mobile networks and cloud computing. We therefore provide finance and technical expertise for projects that further these ambitions.
All aspects of everyday life and business are becoming increasingly digital. That is why broadband networks, software development, cyber security and telecom services are priority areas for the EIB. In 2020 alone, EIB financing helped to launch 60 satellites into space that provide broadband internet and enabled 2.6 million subscriptions for 5G services.
Projects eligible for financing
We finance digital economy projects involving various aspects of information and communications technology (ICT) infrastructure, equipment, services, applications, research and development. Examples include:
Mobile, TV broadcasting and transmission networks that enable national or international connectivity through high-capacity fibre-optic cables, satellites or submarine cables outside the EU
Data centre facilities and hosted services such as cloud computing
Manufacturing of handsets, network equipment, software, audio-visual equipment, displays (e.g., LCD) and chips (nano- and microelectronics)
ICT applications for the automotive, electricity and healthcare industries
Public services, such as e-government, e-health and e-business