Brussels, 20/07/2006 (Agence Europe) - On 19 July, the European Commission authorised €100 million of public funding for risk capital funds in southern Italy investing in innovative small and medium-sized enterprises (SMEs) predominantly in their early stages. “I am pleased to approve aid which promotes the use of risk capital in regions where companies currently mostly have to incur debt in order to finance their start-up and growth,” said European commissioner Neelie Kroes. The aid...