EU Launches 'Choose Europe to Start and Scale' Strategy for Innovation and Growth
The European Commission has launched the 'Choose Europe to Start and Scale' strategy. This new initiative aims to foster innovation and growth by creating a vibrant environment for startups and scaleups across the EU.
The strategy targets five key areas to support companies expanding within the EU. Firstly, it seeks to create an innovation-friendly environment through initiatives like the European Innovation Council expansion and the Lab to Unicorn initiative. Secondly, it aims to improve financing for startups and scaleups with the Scaleup Europe Fund. Thirdly, it focuses on market uptake through the Blue Carpet initiative and simplified access to research infrastructure. Fourthly, it aims to attract talent with the European Startup and Scaleup Hubs. Lastly, it works on providing better access to infrastructure.
The strategy is part of President von der Leyen's broader 'Choose Europe' initiative, aiming to attract and retain talent in the EU.
The EU Startup and Scaleup Strategy, unveiled by the European Commission, is set to boost innovation and growth. It targets five main areas to support companies expanding within the EU, creating a vibrant playing field and reducing regulatory burdens.
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