EIT Digital’s Post

📢 The Draghi Report 2024 underscores the critical steps Europe must take to secure its digital future, and we at EIT Digital are fully aligned with its vision. The report highlights the urgent need to scale deep tech innovation, invest in digital talent, and create a stronger, more unified European digital ecosystem. At EIT Digital, we are already actively addressing these goals by providing opportunities for digital innovators across Europe to start, grow, and scale their deep tech ventures. 'I fully support efforts to make it easier for inventors to become investors. Simplifying IP management, reducing costs for startups and easing regulatory burdens on SMEs are essential steps. The 'Innovative European Company' status will give startups a unified legal framework, making it easier to scale across the EU and position Europe as a global leader in innovation.' Federico Menna, CEO at EIT Digital on the outlines in the report. Through our pan-European network, we enable startups to access markets, connect with investors, and leverage cross-border collaboration. We are also deeply committed to nurturing entrepreneurial talent through our educational programs and innovation-driven initiatives. As outlined in the Draghi Report, Europe's success in the global digital economy will depend on its ability to foster innovation at scale. Together, we can make Europe the global leader in digital transformation through entrepreneurship, innovation, and talent development. 🚀🌍 Join us in Growing Digital: https://lnkd.in/dn9QGG-k #DraghiReport2024 #DeepTech #Innovation #Startups #DigitalSovereignty #EITDigital #DigitalEurope #FutureOfEurope

📢 The Draghi Report 2024 underscores the critical steps Europe must take to secure its digital future, and we at EIT Digital are fully aligned with its vision. The report highlights the urgent need to scale deep tech innovation, invest in digital talent, and create a stronger, more unified European digital ecosystem. At EIT Digital, we are already actively addressing these goals by providing opportunities for digital innovators across Europe to start, grow, and scale their deep tech ventures. 'We have to empower innovative young companies, improve intra-EU coordination and double down on support for early stage investment, harmonise the Horizon Europe budget allocations.' Federico Menna, CEO at EIT Digital on the outlines in the report. Through our pan-European network, we enable startups to access markets, connect with investors, and leverage cross-border collaboration. We are also deeply committed to nurturing entrepreneurial talent through our educational programs and innovation-driven initiatives. As outlined in the Draghi Report, Europe's success in the global digital economy will depend on its ability to foster innovation at scale. Together, we can make Europe the global leader in digital transformation through entrepreneurship, innovation, and talent development. 🚀🌍 Join us in Growing Digital: https://lnkd.in/dn9QGG-k #DraghiReport2024 #DeepTech #Innovation #Startups #DigitalSovereignty #EITDigital #DigitalEurope #FutureOfEurope European Innovation Council and SMEs Executive Agency (EISMEA)

📢 The Draghi Report 2024 underscores the critical steps Europe must take to secure its digital future, and we at EIT Digital are fully aligned with its vision. The report highlights the urgent need to scale deep tech innovation, invest in digital talent, and create a stronger, more unified European digital ecosystem. At EIT Digital, we are already actively addressing these goals by providing opportunities for digital innovators across Europe to start, grow, and scale their deep tech ventures. 'We have to empower innovative young companies, improve intra-EU coordination and double down on support for early stage investment, harmonise the Horizon Europe budget allocations.' Federico Menna, CEO at EIT Digital on the outlines in the report. Through our pan-European network, we enable startups to access markets, connect with investors, and leverage cross-border collaboration. We are also deeply committed to nurturing entrepreneurial talent through our educational programs and innovation-driven initiatives. As outlined in the Draghi Report, Europe's success in the global digital economy will depend on its ability to foster innovation at scale. Together, we can make Europe the global leader in digital transformation through entrepreneurship, innovation, and talent development. 🚀🌍 Join us in Growing Digital: https://lnkd.in/dn9QGG-k #DraghiReport2024 #DeepTech #Innovation #Startups #DigitalSovereignty #EITDigital #DigitalEurope #FutureOfEurope

📢 The Draghi Report 2024 underscores the critical steps Europe must take to secure its digital future, and we at EIT Digital are fully aligned with its vision. The report highlights the urgent need to scale deep tech innovation, invest in digital talent, and create a stronger, more unified European digital ecosystem. At EIT Digital, we are already actively addressing these goals by providing opportunities for digital innovators across Europe to start, grow, and scale their deep tech ventures. 'While international investment plays a role, building deeper local capital networks—especially for early-stage start-ups and scale-ups—is crucial to retaining the value of innovation within Europe. By enhancing incentives for angel investors and making European stock markets more attractive for IPOs, we can foster a more dynamic environment for disruptive technologies.' Federico Menna, CEO at EIT Digital on the outlines in the report. Through our pan-European network, we enable startups to access markets, connect with investors, and leverage cross-border collaboration. We are also deeply committed to nurturing entrepreneurial talent through our educational programs and innovation-driven initiatives. As outlined in the Draghi Report, Europe's success in the global digital economy will depend on its ability to foster innovation at scale. Together, we can make Europe the global leader in digital transformation through entrepreneurship, innovation, and talent development. 🚀🌍 Join us in Growing Digital: https://lnkd.in/dn9QGG-k #DraghiReport2024 #DeepTech #Innovation #Startups #DigitalSovereignty #EITDigital #DigitalEurope #FutureOfEurope

📢 The Draghi Report 2024 underscores the critical steps Europe must take to secure its digital future, and we at EIT Digital are fully aligned with its vision. The report highlights the urgent need to scale deep tech innovation, invest in digital talent, and create a stronger, more unified European digital ecosystem. At EIT Digital, we are already actively addressing these goals by providing opportunities for digital innovators across Europe to start, grow, and scale their deep tech ventures. 'While international investment plays a role, building deeper local capital networks—especially for early-stage start-ups and scale-ups—is crucial to retaining the value of innovation within Europe. By enhancing incentives for angel investors and making European stock markets more attractive for IPOs, we can foster a more dynamic environment for disruptive technologies.' Federico Menna, CEO at EIT Digital on the outlines in the report. Through our pan-European network, we enable startups to access markets, connect with investors, and leverage cross-border collaboration. We are also deeply committed to nurturing entrepreneurial talent through our educational programs and innovation-driven initiatives. As outlined in the Draghi Report, Europe's success in the global digital economy will depend on its ability to foster innovation at scale. Together, we can make Europe the global leader in digital transformation through entrepreneurship, innovation, and talent development. 🚀🌍 Join us in Growing Digital: https://lnkd.in/dn9QGG-k #DraghiReport2024 #DeepTech #Innovation #Startups #DigitalSovereignty #EITDigital #DigitalEurope #FutureOfEurope

Wheels are rolling on all fronts – financing, expansion, new markets, events. #TechWeekInReview ➡️FieldOS opened a 1-million-euro financing round which will support the development on European and US markets. The round is expected to be closed during autumn. Meanwhile the team developed a new version of its solution offering field teams a view of tasks status and to managers an overview of all the work flows. The updated solution integrates full offline capabilities and allows personalization, addition or removal of features by the clients’ teams in real time. ➡️@Alleo, a Romanian co-founded application, in the Nederland, offering companies a flexible management of employees’ benefits, started to deploy first steps of the 5-million-euro, series A round closed recently. The amounts will be used for the expansion on the German market. ➡️A new accelerator program by Techcelerator.Co, focused on CleanTech solutions, opened the enrollments for startups in Romania, Moldova and the SEE region. ➡️Tech busy bees started to prepare the autumn events although summer just begun. Check and enroll as best fitted to you. 🔎Fast 50 Deloitte annual rank opened for startups registered in CEE with minimum 3 years of operations, 50 k euro operations in the first 2 years and 100k incomes in 2023. 🔎Spotlight by How To Web – opened the registration gates for the 2nd and 3rd of October event and announces a solid presence of financers for the autumn competition. #growingtogether #startups #angelinvestors #techecosystem

To foster technological sovereignty in Europe - it is more crucial than ever to invest in innovative startups 🚀. 💡 The study published by our member and partner IRIS reveals interesting insights about the actual investment trends in France and Germany! 💲While investment sums in France and Germany have generally declined significantly since 2022, sectors such as health, sustainability and AI remain particularly attractive for investors. As Patrick Brandmaier, Managing Director of the AHK Frankreich / Chambre Franco-Allemande de Commerce et d'Industrie, points out, technologically innovative startups play an important role in the diversity of economic ecosystems of both countries. 🎯“They will be crucial for the digital transformation and the energy transition which are the major challenges for the European industry.” 🔗"We need a dynamic and rich ecosystem consisting of startups, established companies and well interconnected scientific and research environment on both sides of the Rhine in order to expand the resilience of our countries' economies and secure Europe's technological sovereignty." 💲"Consistent and sustainable funding of these young and often financially vulnerable companies from the public and private sector is an essential component for long-term success." 🤝With the French-German Tech Lab taking place during Viva Technology, the AHK Frankreich / Chambre Franco-Allemande de Commerce et d'Industrie is proactively fostering French-German cooperation in the field of technology and innovation." Please discover further insights in current investment trends in Germany and France in the following articles thanks to the clear analysis of IRIS :  Investissement : quelles sont les tendances en France et en Allemagne ? https://lnkd.in/eTxuabAb Maddyness L’herbe est-elle plus verte en Allemagne pour les start-up ? | Capital Finance https://lnkd.in/eECWDQe7 Les Echos Capital Finance Start-up en Allemagne : plus de faillites mais plus de soutien des grandes entreprises | https://lnkd.in/eD7qwv5d Les Echos Besonders in Frankreich: Blasenbildung bei KI-Start-ups? https://lnkd.in/eibTtXf2) Frankfurter Allgemeine Zeitung #PartnerForStartups #FGTL #Vivatech

“A significant portion of promising European startups relocate to the US to take advantage of access to capital, market size, and a supportive ecosystem. As European policymakers wrestle with these challenges, the question remains: will the gap continue to widen between Europe and the US in high-tech innovation?” Padraig Nolan #DigitalAlliance

Empowering Innovation: Why SMEs and Startups Should Consider the EIC Accelerator Europe's future depends on fostering a thriving ecosystem of innovative businesses. That's why initiatives like the EIC Accelerator are crucial. This program offers SMEs and startups the chance to access vital funding and support, propelling them to become the game-changers of tomorrow. Here's why the EIC Accelerator matters: - Levels the playing field: Many groundbreaking ideas struggle to secure funding from traditional sources. EIC bridges that gap, ensuring brilliant ideas from smaller players have a shot at success. - Boosts European competitiveness: By nurturing homegrown innovation, Europe can compete more effectively in the global marketplace, fostering job creation and economic growth. - Strengthens strategic autonomy: By lessening reliance on foreign technologies, EIC fosters a more resilient and independent European economy. The April 23rd event in Thessaloniki is a prime opportunity for Greek SMEs and startups to learn more about the EIC Accelerator Kudos to PRAXI Network and Thessaloniki Chamber of Commerce & Industry for the organisation. Way to go! For registrations: https://lnkd.in/eJeEzzpK

🌍 European Tech: A Decade of Transformation and Resilience The 2024 State of European Tech report highlights the remarkable growth and maturity of the ecosystem, turning tech into a key economic pillar for the region. Despite global challenges, Europe is positioned to scale, innovate, and lead: 🚀 Talent Boom Europe’s tech workforce has grown 24% annually to reach 3.5 million, and it’s on track to rival the U.S. in five years. With a surge in entrepreneurship, the number of professionals in venture-backed firms has increased sevenfold since 2015. 💰 Capital Resilience Venture funding has increased tenfold in the past decade, with $426 billion deployed since 2015. Despite macroeconomic headwinds, 2024 is on pace for $45 billion in VC investments, buoyed by rising support from pension funds. 🌟 Sector Strength and Sustainability From AI to fintech to climate tech, Europe’s tech ecosystem is diverse and impactful. Sustainability-focused startups now account for 20% of all funding—double the U.S. share. Fintech remains a standout, with nearly 17% of 2015 seed-stage companies advancing to Series F or beyond. 🔗 Scaling and Investment Potential With 35,000+ startups and a growing unicorn count, Europe is ripe for investors ready to address the growth-stage funding gap. Pro-innovation policies and maturing infrastructure offer the perfect backdrop for transformative growth. Europe is where talent thrives, funding grows, and innovation drives global solutions. If you’re ready to take the next step, now is the time to Choose Europe—an unparalleled destination for entrepreneurship, investment, and impact. Learn more at Choose Europe: https://lnkd.in/enJtsKNZ and read the full report: https://lnkd.in/dQK__DQq #TechInnovation #StateOfEuropeanTech #ChooseEurope #Entrepreneurship #VentureCapital #TalentGrowth #Sustainability #Startups #ScalingUp #EuropeTechLeadership Choose Europe Members - ADERLY / Invest in Lyon Agency I amsterdam Berlin Partner für Wirtschaft und Technologie GmbH Catalonia Trade & Investment Choose Paris Region Business Riga Copenhagen Capacity FrankfurtRheinMain GmbH International Marketing of the Region Helsinki Partners Stockholm Business Region Oslo Business Region Wirtschaftsagentur Wien Grow with Warsaw