Johann Dr.EOEIT Manufacturing Liquidation: 200 Startups Are Waiting For EU Funding That Will Never Come https://blog.mean.ceo/200-startups-are-waiting-for-money-that-will-never-come/
TL;DR: EIT Manufacturing, an EU-backed french association that distributed grants to startups, suddendly filed for liquidation, leaving over 200 companies waiting for funds they were already promised. Then EITM’s CEO announced plans to set up a new legal entity and head back to Brussels for more public money. This is not a one-off fraud story. It is the latest symptom of a structural problem: the EU funding system is designed to protect itself, not the founders it claims to serve.
