In 2013, the Commission launched a Web entrepreneurship action plan. A Commission Staff working document providing an overview of the European environment for web entrepreneurs, as well as additional details concerning the support measures envisaged, was published in April 2013. Action 128 took over the on-going activities in the area.
What is the problem? European web entrepreneurs struggle to become global leaders
Web entrepreneurs worldwide have an enormous impact on human society. From an economic perspective, the importance of web-based businesses for economic growth and jobs creation (especially among the youth) is increasing.
Europe lags behind other geographical areas in terms of global leaders in this sector. Compared to the United States, but also to regions like Southeast Asia, fewer startups are founded by European web entrepreneurs and most of them struggle to become global leaders.
Why action at EU level is needed? To unleash the real potential of european web entrepreneurs
EU level action is essential, as a complement to existing initiatives at local, or national level. There is a lot of talent in Europe and great resources for innovative and disruptive business ideas based on the latest ICT technologies. Unleashing the full potential can enable Europe to catch-up and become a leader in this area also.
What has the Commission done until now?
Examples of targeted actions related to web entrepreneurs, include:
- The Tech All Stars campaign to provide visibility to the best European web start-ups, to help them connect with investors, top executives, mentors, potential partners and venture capitalists.
- The Europioneers (European tech entrepreneur of the year) awards, won by the founders of Soundcloud and Swiftkey, were presented by VP Neelie Kroes at the Next Web Conference in Amsterdam, on 24 April 2013.
In 2013, the Commission launched a Web entrepreneurship action plan designed to:
- boost visibility and leadership at EU level by celebrating the achievements of established Web entrepreneurs and promoting Web entrepreneurship as a career;
- strengthen, structurally, the Web startup and technology investment ecosystem and enhance its competitiveness with regards to the rest of the world;
- give a voice to all stakeholders in the digital industry, web entrepreneurs and technology investors in particular, and help federate and pool existing resources;
- create a greater diversity of Web talent development across the EU;
A Commission Staff working document providing an overview of the European environment for web entrepreneurs, as well as additional details concerning the support measures envisaged was published in April 2013. The developments of the document turned into Startup Europe.
What will the Commission do next?
The new targeted measures in support of Web entrepreneurs are the subject of DAE Action 128 (Web Entrepreneurship Action Plan), a result of the DAE review in December 2012.