1、Sen OReagainSenior Expert DG RTD European CommissionEUIndTech2025Krakow,3 June 2025EU Startup and Scaleup Strategy1.Choose Europe to start and scale1.Choose Europe to start and scaleThe EU Startup and Scaleup Strategy aims to make Europe the best place in the worldto launch and grow global technolog
2、y-driven companiesThe strategy seeks to shift the European economy towards a more entrepreneurial,innovative modelA thriving startup and scaleup ecosystem can transform Europes economy byincreasing productivity,creating quality jobs and attracting talent and investmentsOur competitiveness and ultima
3、tely our prosperity depend on it2.Key challenges identified2.Key challenges identified Regulatory and bureaucratic burdens and fragmentation:fragmented reporting requirements,taxation and employment conditions as well as high failure costs.Slow pace of regulatory approvalfor new technologies and slo
4、w adaptation of existing regulatory frameworks to innovation.Access to finance:underdeveloped EU financial market and a patchwork of national measuresregulating various aspects of private investment negatively impact access of startups to privatefinancing needed for their scaling up.The EUs VC marke
5、t remains significantly underdevelopedcompared to that in the US.The highest gap is observed at later-stage financing.Access to markets:low participation rate to public procurement in the EU,the link with corporates,expanding the customer base.A key issue is the lack of commercialisation of research
6、.Access to talent:bureaucracy,regulations,tax rules and costs prevent startups and scaleups fromtapping into the highly-skilled talent they need to develop innovative products and solutions.Access to infrastructure,networks and services:difficult access to and