04-22-2020, 11:20

EUROPEAN STARTUPS PROJECT LAUNCH

European Startups, a new initiative powered by the European Commission in an effort to provide macro-level intelligence about Europe’s startup economy, has been launched.

By providing information about the startup ecosystem, European Startups propels the startup economy through online data, research and events. The data compiled by European Startups can then be used by policymakers, investors and innovators to make informed decisions.

With the COVID-19 pandemic wreaking the havoc it has on the startup community, the launch of European Startups comes at an opportune time as startups in Europe are in need of extra support. Kat Borlongan, Director of La French Tech agrees saying “Policy-making without data is like driving blindfolded. Not ideal when you have a crisis that needs you to floor the gas pedal. Europeanstartups.co comes at a time pro-startup governments will need it most.”, says Kat Borlongan, Director of La French Tech.

Additionally, European Startups provides information on how the Coronavirus crisis could affect the progress made in the recent years to minimise the gap between the US, Asia and Europe as only 12% of investment rounds worth more than $100 million are made in Europe compared to 48% in North America and 36% in Asia.

Launched by Deal Room and Sifted in conjunction with the European Commission, European Startups creates a new platform for macro-level trends and insights to help direct funding decisions, drive discussion and policy-making around the current crisis, and the wider ecosystem. Register to join the platform here.

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