STARVING START-UPS

Recent EVCA figures show Europe's young businesses facing a funding crisis

EUROPEAN VENTURE BY THE NUMBERS

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
2002 2002 2002 2002 2003 2003 2003 2003 2004
Seed & start-up 467.9 360.9 431.8 319.9 401.8 274.O 351.5 240.9 344.9
(total amount
invested)
Seed & start-up 12.8 7.0 6.8 5.3 9.2 7.5 6.4 4.4 5.9
(% of all invest-
ment stages)
Seed & start-up 527 465 432 425 425 402 320 507 385
(number of
investments)
Seed & start-up 32.8 28.0 33.5 34.4 38.2 35-5 30.6 32.7 27.0
(% of total
investments)