Welcome to ‘The Startup State’ - a weekly bulletin from the GEN Policy and Research team highlighting key entrepreneurship news, reports, commentary and features from around the world.
Entrepreneurship news
- Germany has introduced ‘The Future of Financing’ legislation that seeks to rebuild Berlin’s buzz for startups by simplifying listing and post-listing for startups and increasing employee share ownership tax allowances, among other measures (Reuters)
- The Philippine Startup Venture Fund now stands at $143m as per an update from the government, which has also announced plans for a Creative Venture Fund (AsiaTechDaily)
- Libya has partnered with UNDP, the EU, and the African Development Bank to launch the Deraya Entrepreneurship Program, which aims to build a dynamic ecosystem of innovative entrepreneurs and startups in Libya (Wamda)
- Indian state Kerala has trebled the limit for procurement from startups registered with Kerala Startup Mission to 3 Crore ($365k) and more than doubled the limit for procurement without the need for tender procedures to 50 Lakh ($61k) (YourStory)
AI news
- The G7 leaders have called for ‘guardrails’ on development of artificial intelligence (Financial Times)
- Italy is to launch a €150m ($161m) AI fund as part of its Strategic Program for AI (TheNextWeb)
- Singapore has announced the launch of the Artificial Intelligence Government Cloud Cluster (AGCC), a platform to accelerate AI adoption in Singapore’s public sector, advance local research efforts, and support the growth of the local AI ecosystem (CDO Trends)
Comment
- Indonesia’s digital success deserves more attention (Hilman Palaon, Indo-Pacific Development Centre, Lowry Institute)
- Ukraine’s Diia platform sets the global gold standard for e-government (Anatoly Motkin, StrategEast Center for a New Economy)
- Startups should absolutely work with governments to support defense projects (Maelle Gavet, Techstars)
- A bureaucratic tangle has replaced the UK’s industrial policy (Camilla Cavendish, Mossavar-Rahmani Center for Business and Government, Harvard Kennedy School)
- China isn’t waiting to set down rules on generative AI (Zeyi Yang, MIT Technology Review)
Features
- TechCabal: How Zambia is prepping to become Africa’s next major tech hub
- EU Horizon: Innovation in Europe- - the secrets to entrepreneurial success and the importance of patient capital (interview with Dr Michiel Scheffer, new President of the €10bn European Innovation Council)
- ERR: Estonia is a pioneer yet science-based entrepreneurship is scarce
- African Business: ‘Some payment systems in Africa are surpassing those in the Western world’ (interview with Michael Wiegand and Konstantin Peric of the Gate’s Foundation)
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