The European Commission presented the proposal for an "EU Startup and Scaleup Strategy" on Wednesday. The proposal is intended to make it easier to establish and scale up tech companies in the EU.
Among other things, the European Commission will establish a "Scale up Europe Fund". It will mobilize large investors so that growth companies have easier access to financing. Increased digitalization and less bureaucracy will also make it easier for small companies to survive and grow.
The European Commission also proposes to better connect universities and startups. This will be done by helping universities and users of their laboratories to work together to share profits and intellectual property rights.
/ritzau/
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