Pharrowtech’s Post

Make Your Mark in Europe: Invest in 🇫🇷 with Business France India 🇮🇳 For the fifth consecutive year, France is the most attractive investment destination in Europe, as confirmed by the EY "France Attractiveness Survey.” Last year, France attracted a remarkable 1,194 investment projects, a staggering 21% of all foreign investments received by Europe. France further solidified its leadership in manufacturing, hosting a record-breaking 530 projects and generating the highest number of jobs in the sector within Europe. Business France India is proud to have partnered with 17 successful Indian investments in France during 2023, and we are dedicated to fostering even stronger collaborations in the coming year. 🤝 In France, we're not just like everyone else. And we think you're not, either. We believe in defying expectations. We celebrate the power to forge your own path. Here, impact isn't just a buzzword, it's the driving force behind everything we do. We understand that what truly resonates is what moves people, what leaves a lasting impression. This is why we choose to challenge the status quo, paving the way for a future inspired by those who dare to be different. Let France be your partner in turning your unique vision into a reality. #ChooseFrance #MakeItIconic Business France (Invest in France) | Business France | Eric FAJOLE | Anne DESSEMOND | Vianney MEYNIER | Anshika Khandelwal

Our partner, Community Enterprise Association Ireland, has shared some fantastic updates about their involvement in the #HorizonEurope Project, #RInnoValleys. Over the past 8 months, they've built strong relationships, visited innovation-driven cities and regions, and learned a great deal about the #EuropeanInnovationCouncil and the #NewEuropeanInnovationAgenda. They have also forged great friendships across Belgium, Hungary, Greece, Spain, and Malta 🌍. We're excited to hear about the Department of Enterprise, Trade and Employment's announcement, with Minister Peter Burke welcoming the designation of all three of Ireland’s NUTS 2 regions as #RegionalInnovationValleys under the European Commission's #NewEuropeanInnovationAgenda. This initiative aims to strengthen regional innovation ecosystems, bridge the innovation gap in Europe, and enhance overall innovation performance. For Ireland, this recognition means significant potential as hubs of innovation and economic growth within a network of 151 similarly designated regions across Europe. Community Enterprise Association Ireland, as part of the RInnoValleys Project, is focused on bridging gaps between Innovation Led Regions [Belgium], Strong Innovator Regions [Ireland], and less well-performing regions across Europe [Malta, Hungary, Spain, Greece]. They are dedicated to identifying collaboration opportunities for their community and supporting the innovation ecosystem at both national and regional levels through the #enterprisecentre and #innovationhub network, which has been funded by Enterprise Ireland and the Department of Enterprise, Trade and Employment since the 1990s. We are thrilled to be working alongside such a dedicated partner and look forward to the continued progress and success of the RInnoValleys Project. For more information on regional innovation valleys and the EU Research and Innovation priorities, check out the link below ⬇ https://lnkd.in/debGxTun

Is It Time to Invest in Europe? As global markets evolve, Europe is emerging as a powerhouse for U.S. businesses seeking expansion. With strategic investments in sustainability, innovation, and a skilled workforce, now is the perfect time to seize opportunities across the continent. From attractive incentives to cutting-edge digital transformation, Europe offers the right environment for growth. Are you ready to scale your business and tap into this thriving market? Read more about the benefits of the Choose Europe cities and regions: https://lnkd.in/eB7VsWzB #ChooseEurope #ForeignInvestment #FDI #Talent #Sustainability #Innovation #QualityofLife 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

Belgium's Economy Soaring in the Eurozone! 🚀 According to the Financial Times, #Belgium's economy is now one of the fastest-growing in the #Eurozone, with a significant rise in young businesses making their mark. With 15 🇧🇪 companies featured in the FT 1000 list, sectors like #FinTech, #SmartLogistics, & #AdvancedManufacturing are thriving. #Flanders, in particular, is driving this growth with its top-notch universities, innovative ecosystem, & supportive government initiatives. Additionally, FIT received a shoutout in the article: "Bodies such as Flanders Investment & Trade (FIT), a promotion agency, provide grants, export advice and introductions to potential investors and customers. 'We encourage building large ecosystems for our companies, especially in research and development,' says Desna Lespinoy, spokesperson for FIT. 'At least 3.2 per cent of our GDP is allocated to it. Flanders takes pole position in Europe on research and development. We surpass the EU average (2.1 per cent) & other frontrunners, such as the Netherlands and Denmark.'" 🙌 Let's continue to celebrate & support the entrepreneurial spirit driving Belgium's success! 🌟 Read more here ➡ https://lnkd.in/e8bFtGBX #BelgiumEconomy #EurozoneGrowth #InnovationHub #Belgian #Europe

Last week in Milan, our partner Giulia Polacchi and Senior Manager Matteo Scordo participated in a panel discussion titled “How to Prepare for Investment Decisions Involving the French Market: Dos and Don'ts.” This event was part of the Italian-French Accelerator, promoted by ELITE, CDP Cassa Depositi e Prestiti (CDP), Bpifrance, Business France Export and CCI France Italie - Camera di Commercio. Drawing on their extensive experience in both Italy and France, Giulia and Matteo offered valuable insights. Giulia highlighted: “It is interesting to note that the main sectors attracting French investments in Italy differ significantly from those attracting Italian investments in France. French investments in Italy primarily target the manufacturing and luxury sector, which ranks first in their investment preferences. Conversely, Italian investors in France predominantly focus on the services sector. It is clear that these investments exhibit a complementary and mirrored trend, effectively addressing sectoral gaps”. Matteo addressed the challenges of investing in France, noting a rigid labor market with strict employment laws, and significant dismissal costs. He also discussed the bureaucratic complexity and high operational expenses, particularly in major cities. We also thank Marco Giovannini for sharing his practical experience with the Mech-I-Tronic business case, and the other speakers for contributing to a valuable exchange of experiences and advice in an informal yet professional setting. Maria Vittoria Spallarossa Martina Mastroianni Sergio Zocchi Armando Di Lanno

📢 European Competitiveness in Focus: Why Collaboration Across Business Sizes is Key 📢 I’m thrilled to share an op-ed by Peter Lochbihler (our Global Head of Public Affairs), where he explores what it will take for Europe to strengthen its position on the global stage and why synergy between large and small businesses is essential. 🏆 With competitiveness emerging as a defining theme for the new European Commission, Mario Draghi’s recent report couldn’t be more timely. The report sounds an urgent call for Europe to boost productivity, particularly in its SMEs, which form the backbone of the economy. As Peter explains, one solution lies in open digital platforms that empower SMEs to focus on what they do best—offering tailored, high-value services to customers—while benefiting from advanced tech and a global audience. 🌍 Digitalisation is not just a tool but a critical driver of productivity and competitiveness. Small businesses can gain from partnerships that streamline customer acquisition and allow them to compete without significant upfront costs. Europe’s competitive edge lies in its diversity and potential for collaboration. Supporting SMEs in their digital journeys, embracing large businesses' resources, and working hand-in-hand across sectors are essential to creating long-lasting value and ensuring Europe’s place as a digital economy leader. Don’t miss Peter’s full article on Euractiv for an in-depth look at the policies and partnerships that could make this vision a reality. Let’s build a more competitive, innovative, and inclusive Europe together. 👇 #EuropeanCompetitiveness #Innovation #SMEs #TechLeadership

RInnoValleys is a #HorizonEurope Project which Community Enterprise Association Ireland is fortunate to be part of. Over the last 8 months, since our partners first began to meet, we have built relationships, visited cities and regions where the commitment to innovation growth is at the core of what the ecosystem builders do, learnt much about the #EuropeanInnovationCouncil and the #NewEuropeanInnovationAgenda ... and very importantly we have made great friends in business across five different EU regions including Belgium, Hungary, Greece, Spain and Malta 🌍. On foot of our own experiences we were delighted to hear of the Department of Enterprise, Trade and Employment's announcement with Peter Burke, Minister for Enterprise, Trade and Employment welcoming the designation of all three of Ireland’s NUTS 2 regions as #RegionalInnovationValleys under the European Commission #NewEuropeanInnovationAgenda. Regional Innovation Valleys aim to strengthen regional innovation ecosystems, bridge the innovation gap in Europe and improve Europe's overall innovation performance. For Ireland, this means that each of the three NUTS 2 regions are now formally recognised as having real potential as hubs of innovation and economic growth within a network of 151 similarly designated regions across Europe. As a member of the RInnoValleys Project which is focused on bridging gaps between Innovation Led Regions [Belgium], Strong Innovator Regions [Ireland] and less well performing regions across Europe [Malta, Hungary, Spain, Greece] Community Enterprise Association Ireland is focused on identifying collaboration opportunities for our community and supporting the innovation ecosystem at national and regional level though the #enterprisecentre and #innovationhub network which has been funded by Enterprise Ireland and Department of Enterprise, Trade and Employment since the 1990s. More information on regional innovation valleys and the EU Research and Innovation priorities can be found here ⬇ https://lnkd.in/debGxTun Southern Regional Assembly Northern and Western Regional Assembly Eastern and Midland Regional Assembly

Singapore Business Federation to engage more firms, build more public-private partnerships amid global uncertainty: + "grow its membership by more than 30 per cent" + "from 30,000 to 40,000 local companies by 2030" Increased engagement: + "engage 25,000 members and non-member companies by the end of the decade" + "double its partnerships... from 150 to 300, by 2030" Focus on challenges: + "external uncertainties and internal constraints affecting Singapore's businesses" + "demographic challenges, limited land and rising operating costs" Adapting to rapid changes: + "businesses need to adapt quickly to a fast-moving world" + "That whole digitalisation journey... will just continue to accelerate" Key initiatives: + "develop more public-private partnerships" + "assist companies in their net-zero transition" + "help 1,500 companies on their internationalisation plans" + "deliver 400 training courses" SBF's vision: "build a globally competitive and sustainable economy, supported by future-ready businesses" #SME #Growth #Business #Community #Expansion #Networking #Investment #Collaboration #Partnership #Enabler #Opportunities #FutureReady #Leadership I The Straits Times I SPH Media I Timothy Goh I

📢 European Competitiveness in Focus: Why Collaboration Across Business Sizes is Key 📢 I’m thrilled to share an op-ed by Peter Lochbihler (our Global Head of Public Affairs), where he explores what it will take for Europe to strengthen its position on the global stage and why synergy between large and small businesses is essential. 🏆 With competitiveness emerging as a defining theme for the new European Commission, Mario Draghi’s recent report couldn’t be more timely. The report sounds an urgent call for Europe to boost productivity, particularly in its SMEs, which form the backbone of the economy. As Peter explains, one solution lies in open digital platforms that empower SMEs to focus on what they do best—offering tailored, high-value services to customers—while benefiting from advanced tech and a global audience. 🌍 Digitalisation is not just a tool but a critical driver of productivity and competitiveness. Small businesses can gain from partnerships that streamline customer acquisition and allow them to compete without significant upfront costs. Europe’s competitive edge lies in its diversity and potential for collaboration. Supporting SMEs in their digital journeys, embracing large businesses' resources, and working hand-in-hand across sectors are essential to creating long-lasting value and ensuring Europe’s place as a digital economy leader. Don’t miss Peter’s full article on Euractiv for an in-depth look at the policies and partnerships that could make this vision a reality. Let’s build a more competitive, innovative, and inclusive Europe together. 👇 #EuropeanCompetitiveness #Innovation #SMEs #TechLeadership

❗️We need successful start-ups and scale-ups to be competitive ❗️ Together with President Ursula von der Leyen, we, as Rise Europe discussed in our meeting in Brussel about how we can strengthen Europe and stay competitive. We spoke with the President about Rise Europe and the urgent need to transform Europe from a world leader in research into a world leader in impact. 🌍 Join us on our journey with Rise Europe to make Europe the best place to live, work, and innovate! 🌟 Want to learn more about #RiseEurope and how we are uniting the European start-up ecosystem? Visit the website: https://lnkd.in/ew8WwwF8 #EU #Innovation #competitiveness #RiseEurope Stefan Drüssler I Jennifer Kaiser-Steiner I Marisa Schneider | John Bell | Ricardo Marvão | Mikkel Sørensen | Lisa Ericsson | Jean-Michel Dalle