6. 10. 2022
The growth of start-ups and scale-ups exploded in 2021, with a tripling of the amount of capital raised since 2020, coming on top of a unicorn boom. The next steps will be to build on the momentum and establish a world-leading European start-up ecosystem, which will require activating the gamut of financial resources and public policy instruments. As acknowledged by the New European Innovation Agenda and the Skills and Talents package, we need a concerted effort to position Europe in the global race for talent with a common goal to make Europe a magnet for tech talent.
As a result of the Scale-Up Europe conference held on 8 of February 2022, Member State institutions involved in attracting talent and tech visas have decided to launch a joint initiative and create a task force for that purpose. The results of this collaborative work are gathered in the attached report, including mainly:
• Details on the design of a European Tech Talent service desk, aimed at facilitating the attraction of tech talent to Europe in complementarity with national schemes
• Recommendations for the EU regarding legal provisions to attract Tech Talents
• Generation of concrete ideas on how to push further for a common European Attractiveness Approach
Through innovation and job creation, start-ups and scale-ups can strengthen European sovereignty and resilience in the long run. We believe that working hand in hand towards these objectives could help the European tech ecosystem reach new heights.