Because it is not just about money, the French tech association Numeum and the German digital association Bitkom join forces to make recommendations to European policymakers to consolidate the European startup and scaleup ecosystem.
The digital sector remains a driving force of the European economy and is resilient in the face of crises. Startups make an important contribution to this strong and further growth. In recent years, record after record has been broken in the ecosystem – more VC capital, more funding rounds, more unicorns. The European startup ecosystem is booming.
To further strengthen the European startup and scaleup ecosystem and enable the emergence of new European tech champions, we need to work on the right framework conditions with regard to three key areas:
A clear and homogeneous European legislative and regulatory framework;
An environment that fosters major public and private players to become clients of European disruptive players at an early stage;
An environment suitable for the recruitment of talents.
Regarding these pillars, Numeum and Bitkom formulate recommendationsfor European policy makers. Read more in our policy paper "Europe, tech it to a scaling level! – Towards a strategic approach to strengthen the European tech ecosystem".