# Polish technology and innovation funding initiatives > Live situation record from CLSTR: https://clstr.news/situations/polish-technology-and-innovation-funding-initiatives > Updated: 2026-08-25T22:09:15.000Z. Sources: 10. Developments: 2. Poland is implementing various financial initiatives to bolster its technology and innovation sectors. In mid-August, Bank Gospodarstwa Krajowego (BGK) and the European Investment Fund (EIF) invested €30 million into a venture capital fund managed by Inovo.vc. This transaction was part of the Future Tech Poland (FTP) initiative, which has allocated approximately PLN 580 million to date to strengthen the local venture capital ecosystem and support high-growth technology companies. Following this, the National Centre for Research and Development (NCBR) launched the second call for applications under the INNOSTART program. With a budget of nearly 60 million PLN, this program targets micro, small, and medium-sized enterprises (SMEs) that have not previously utilized EU resources for research and development (R&D). The initiative provides grants of up to 320,000 PLN to help businesses build internal R&D competencies and transition ideas into practical innovations. ## Timeline ### 2026-08-25: NCBR launches second INNOSTART call with 60 million PLN budget Poland's National Centre for Research and Development has opened the second call for the INNOSTART program, offering nearly 60 million PLN in grants to help SMEs launch their first R&D projects. 4 sources. https://clstr.news/cluster/ncbr-launches-second-innostart-call-with-60-million-pln-budget ### 2026-08-18: BGK and EIF invest €30 million in Inovo.vc fund BGK and the EIF have committed €30 million to a new Inovo.vc fund under the Future Tech Poland initiative to bolster the nation's technology venture capital ecosystem. 6 sources. https://clstr.news/cluster/bgk-and-eif-invest-30-million-in-inovovc-fund --- Cite as: Polish technology and innovation funding initiatives. CLSTR, https://clstr.news/situations/polish-technology-and-innovation-funding-initiatives