But if that great ship called the eurozone does hit the iceberg, and there is a calamitous collapse in markets and economy, nothing else would feel terribly important at that fateful moment.

BBC: Has the eurozone flunked the market's test again?

If nothing else, the new fund will test whether access to finance is as important as entrepreneurs claim in holding back innovation in Britain.

ECONOMIST: The fund may be new but the idea is surprisingly old