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European Commission: Make Europe Great Again for Startups

  • The European Commission launched the 'Choose Europe to Start and Scale' strategy on May 28, 2025, to enhance growth for tech startups across the 27 EU member states.
  • The strategy responds to Europe's fragmented regulations, limited venture capital, and competition gaps with US and Chinese tech ecosystems that hinder startup scaling.
  • It proposes simpler rules, reduced administrative burdens, better cross-border operations, and easier access to finance and infrastructure, backed by a public-private Scaleup Europe Fund.
  • The Scaleup Europe Fund aims to mobilize at least €10 billion in combined public and private investment, with the Commission saying, "We want it to make a clear difference."
  • This initiative seeks to make Europe a preferred environment for launching and growing global tech firms, addressing funding gaps, talent retention, and market access challenges.
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El Economista broke the news in on Wednesday, May 28, 2025.
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