the European Commission has launched the EU Startup and Scaleup Strategy, ‘Choose Europe to Start and Scale', to make Europe a great place to start and grow global technology-driven companies.
The Strategy aligns with the broader ‘Choose Europe' initiative, launched by President von der Leyen. This initiative focused first on the science component promoting a unified European approach to attract and retain talent, thereby strengthening Europe's competitiveness.
Startups and scaleups are essential to Europe's future, driving innovation and sustainable growth, creating high-quality jobs, attracting investment and reducing strategic dependencies. Yet, despite strong foundations, too many still struggle to take ideas from lab to market or grow at scale within the EU.
The Strategy addresses these challenges by supporting them throughout their lifecycle, from starting up to scaling up to maturing and succeeding here in the EU.