Scale-up Europe

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.


The full report can be found here .

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