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 small and medium-sized enterprise (SME) strategy of the European Commission.
EU Startup Nation Standard
The EU Startup Nation Standard is a new initiative announced in the European Commission’s new SME Strategy.
European SMEs and startups face several challenges as they pursue ambitions of securing market opportunities and growing their revenues. Many EU countries are already following 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 startup and scaleup continent.
In particular, this will include the launch of a political initiative calling for commitments from EU countries to implement such practices at local, regional and national levels. The initiative will focus on making it easier to launch a startup and expand across borders. It will also 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.
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.
Digital innovation and scaleup 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 scaleup 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.
Latest
Today, at the online Digital Day 2021, Ministers representing EU Member States signed three Declarations to pool efforts and resources to promote international connectivity, incentivise the rollout of clean digital technologies and improve the regulatory environment for start-ups and scale-ups. These tangible commitments will help accelerate Europe’s green and digital transformation and will contribute to the vision and goals of Europe's Digital Decade.
Today at the EU Digital Day 24 EU Member States and Iceland signed the declaration on Startups Nations Standard of Excellence, to support startups across Europe in each stage of their development.
The Commission has just launched the Innovation Radar prize 2020, the 6th edition of an initiative that celebrates high potential innovations – and the innovators behind them – developed in EU-funded research and innovation projects.
Today at the Digital Assembly in Bucharest, the European Commission together with the European Investment Bank, the European Investment Fund, the European Bank for Reconstruction and Development, the World Bank and the International Finance Corporation agreed to launch the Digital Innovation and Scale-up Initiative (DISC).
Related Content
Big Picture
The EU supports businesses across Europe to adapt to the digital world by coordinating initiatives, focusing investments, and boosting skills.
Dig deeper
The Startup Europe Partnership (SEP) is building bridges between Europe's startup, corporate, education institutions and investment communities.
Startup Europe coordinates EU work to connect clusters and ecosystems across Europe. It links up national and regional ministries, innovation agencies and other stakeholders.
The European Commission stimulates the startup continent by connecting players of the European local hubs, linking investors, entrepreneurs and regional decision-makers.
See Also
Digital industrial platforms are key to placing Europe ahead in the digital transformation, linking technology building blocks and industrial applications.
The European Commission is supporting businesses across Europe adapt to the digital world by coordinating initiatives, focusing investments, and boosting skills.