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Digital technology: 21 proposals to promote the emergence of European giants

17/06/2021
Categories: General Information

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The actors of the European tech ecosystem were received by President Emmanuel Macron at the Scale-Up Europe event. On the occasion, they put forward 21 concrete proposals to promote the emergence of technological leaders and strengthen the continent's digital sovereignty

.

There were 200 members of the European tech ecosystem to participate in Scale-Up Europe, intended to promote the emergence of European digital giants, especially against their American and Chinese competitors. They have issued 21 concrete proposals to the President of the Republic to promote the emergence in Europe of 10 technological leaders valued at over 100 billion dollars by 2030, in order to strengthen the continent's digital sovereignty

.

Thus, in the investment sector, it will be necessary to take advantage of the multiplier effect of public funding at the European Union level; create an ecosystem favourable to the listing of technology companies on European stock exchanges; boost private financing towards the high-yield venture capital asset class ; develop secondary markets for growth assets; develop visibility and information on the performance of European VCs.

For access to talent, the actors recommend the creation of a tech worker status for European talents, with a standardized contract and the portability of social rights on the continent, an accelerated European technological visa for non-Europeans and a tax regime favorable to expats, the implementation of competitive stock options plans in European countries, then align best practices at the European level, the development of a European diversification rate based on the reports of technology companies, the development of an international culture from the start of the development of startups with English as a working language, to name but

a few.
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