Startup Scaleup initiative
Startup Europe is an initiative of the European Commission to connect high tech startups, scaleups, investors, accelerators, corporate networks, universities and the media. It is supported by a portfolio of EU funded projects and policy actions such as the EU Startup Nation Standard, Innovation Radar and the Digital Innovation and Scale-up Initiative (DISC). It is fully aligned with the SME strategy (.pdf) of the European Commission, launched on 10 March 2020 by Thierry Breton, Commissioner for the Internal Market.
EU Startup Nation Standard
European SMEs and start-ups face several challenges ‘on the ground’ as they pursue ambitions of securing market opportunities and growing their revenues. Many Member States are already pursuing best practices to help startups address challenges such as venture creation and attracting - and retaining - talent.
The European Commission in 2020 will establish EU Startup Nation Standard to multiply such practices across the EU to make Europe the most attractive Start-up and Scale-up continent.
In particular, this will include the launch of a political initiative calling for commitments from Member States to implement such practices at local, regional and national levels. The initiative will focus on making it easier to start-up and expand across borders, streamline visa and residency applications for third country talent, make granting of employee stock options more attractive, promote venture-building and tech transfer from universities, and increase access to finance for scaling-up.
The EU Startup Nation Standard is a new initiative announced in the European Commission’s new SME Strategy.
Innovation Radar Platform
The Innovation Radar is the European Commission’s data-driven initiative to identify high potential innovations and innovators in EU-funded research and innovation projects. Its goal is to allow every citizen, public official, professional and business person to discover the outputs of EU innovation funding.
Via its web platform and iOS and Android smartphone apps, it makes it easier to seek out innovators who could follow in the footsteps of companies such as Skype, TomTom, ARM Holdings, all of whom received EU funding in their early days. Supported by the EU-funded project Innodec, it is focused on creating a steady flow of promising tech companies that can scale up into future industrial champions.
Digital Innovation and Scale-up Initiative (DISC)
Digital startups in the Central, Eastern and South Eastern Europe (CESEE) region face an investment gap compared to innovators in other European regions. To address this gap in a geographically targeted way the Digital Innovation and Scale-up Initiative (DISC) was launched in 2019 by the European Commission in cooperation with several other international institutions. DISC pursues these aims by addressing the existing market gap,enhancing investments and strengthening technical assistance programs focused on digital innovations and the scale-up of digital startups in the CESEE region.
Read a short note on DISC (.pdf)
Startup Europe One Stop Shop
The Startup Europe One Stop Shop offers entrepreneurs, investors and ecosystem builders trusted information and support on topics ranging from scaling up, investment opportunities and networking.