[ayushrodrigues]

True, but the EU startup ecosystem is small and shared. Only so many places to raise capital from.

[alephnerd]

Yep! But the overlap between the UK and EU ecosystem would be dwarfed by the overlap of the US-UK ecosystem.

So long as the EU doesn't have their own equivalent of Index Ventures, I'm not sure an EIB style industrial policy program would have significant impact on the British startup scene.