Welcome to ‘The Startup State’ - a weekly bulletin from the GEN Policy and Research team highlighting key entrepreneurship announcements, reports, commentary and features from around the world.
News
- The United Kingdom has made its largest direct investment into a startup – £25m into an energy company spinout – as part of a new mandate for the British Business Bank to take bigger stakes in scaleups in priority sectors (gov.uk)
- European Commission President Ursula von der Leyen officially announced EU Inc at Davos this week. The movement – backed by 22,000 signatories – seeks to create a streamlined regime to simplify company registration and investment across Europe (Silicon Republic)
- Ethiopia has approved its first National Entrepreneurship Development Policy. The policy builds upon the Digital Ethiopia 2030 Stategy and the Startup Act to support entrepreneurship at the individual, institutional, and ecosystem level (EDI Ethiopia)
- Pakistan is to introduce a National Women Entrepreneurship Policy (Business Recorder)
- Cote d'Ivoire has adopted an unprecedented tax framework to support certified digital startups. The objective is to stimulate innovation, reduce operational costs, and accelerate the growth of young tech companies (African Business)
Comment and analysis
- To compete in the global economy, Europe needs to boost its VC ecosystem (Josh Lerner, professor of investment banking, Harvard Business School)
- Only 10% of state and national governments distinguish startups from new businesses (Paul O'Brien, author, Startup Economist)
- Europe Inc is not law yet. It is a signal (Ana Maria Stanciuc, head of content, Tekpon)
- Europe's venture ecosystem was built on the rules-based order. What happens now that it's gone? (Hugo Jammes, founding partner, EDT Ventures)
- Senegal vs Morocco: A tale of two startup ecosystems (Grace Ashiru, Tech in Africa)
Features
- Meet the DC startup founder tapped as Chile's new innovation minister (technical.ly)
- South Africa's startup act: Progress, promise, and the road ahead (African Business)
- The Estonian Startup Awards mark a milestone night for Estonia's startup ecosystem (tech.eu)
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The opinions expressed in the articles above are those of the authors and do not necessarily reflect the view of the Global Entrepreneurship Network.