European Startup and Scaleup Hubs pilot

Scope: This action builds upon the EU’s strategic vision outlined in the EU Competitiveness Compass [1], the EIC scaling strategy[2], and the EU Startup and Scaleup Strategy[3]. It aligns with the objectives of strengthening Europe’s deep tech capabilities, increasing regional innovation cohesion and supporting the growth of globally competitive companies. The EU must act decisively to close the innovation gap with other world regions by enabling more commercial successes based on its scientific excellence. While Europe generates world-class research, European deep tech startups often struggle to scale into global champions. The European Startup & Scaleup Hubs (ESSH) pilot will address this structural weakness by creating strong networks of European leading and emerging startup ecosystems that bring together research and higher education institutions, research and technology organisations, corporates, entrepreneurs and investors, while also encouraging these innovation hubs to expand their activities. The action aims to pilot two networks of around 10-18 ESSHs highly capable startup and scaleup hubs building on the research strength of leading higher education institutions and research and technology organisations, demonstrating strong track records in venture building, scaling, and investment attraction as well as providing networking opportunities and entrepreneurial education. These hubs shall collaborate across borders to: Better interconnect their innovation ecosystem…

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