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.
News
- Founders Forum acquires Tech Nation (UK Tech News)
After announcing its closure earlier this year due to the reallocation of government funding to Barclays, Tech Nation - the UK entrepreneurship agency - has been acquired by Founders Forum Group. - Unlocking opportunities for startups: India Space Policy 2023 (TICE)
TICE highlights the opportunities for startups in India’s new space policy. - Korea’s Ministry of SMEs and Startups launching $749m fund of funds (AsiaTechDaily)
South Korea’s Ministry of SMEs and Startups (MSS) announced that it is considering the launch of a ₩1 trillion ($749 million) fund of funds this year to boost the country’s innovative venture industry. - Major VCs unite in alliance to help startups and investors reach net zero (TheNextWeb)
A group of over 23 VCs across Europe and the US have joined forces this week to guide startups and their early-stage investors towards net zero, in an effort to decarbonise the global economy and the venture capital industry.
Insight
- Unlocking Africa’s hidden job creators: Lessons from ten years of supporting transitions from education to entrepreneurship in Africa
Anzisha.org has published a free online book that reflects on the lessons it has learned from supporting 142 young entrepreneurs across Africa since 2010. The book is directed towards schools, universities, accelerators and other enterprise support organizations. - What is the Multiplier Effect?
Endeavor details its concept of ‘The Multiplier Effect’ - the compound, exponential impact a founder has on the entire entrepreneurial economy of a region when they mentor, invest in, and inspire the next generation of entrepreneurs. - The EU Data Act should be as clear and simple as a startup pitch
Allied for Startups and 13 startup associations have come together and sent an open letter to policy makers relating to the EU Data Act. It includes 3 key asks to ensure the act fulfills its promise of stimulating a competitive data market, opening opportunities for data-driven innovation and making data more accessible for all. - Policy kits on democratizing entrepreneurship
The Democracy Policy Network has released three new policy kits detailing how U.S. states can help make it easier for more Americans to launch startups, co-ops and ventures.
Comment
- Is the EU’s response to the chips race leaving its startups behind? Zosia Wanat, senior reporter, Sifted)
- Is angel tax justified for Indian startups? Excessive official discretion is unreasonable (Renuka Sane, research director, TrustBridge)
- How can we unleash the power of digital transformation in government? (Manuel Aguilera, student, UCL Institute for Innovation and Public Purpose)
- Get ready for a new kind of startup scandal: With the end of easy money, it’s going to be politics, not egos that make startups crash and burn (Eleanor Warnock, deputy editor, Sifted)
Features
- TechCrunch: Muslims come into the frame in Southeast Asia’s fintech boom
- Forbes: Botswana President Mokgweetsi Masisi on how entrepreneurship is driving Africa’s century (YouTube video)
If you would like to share content for inclusion in future editions of 'The Startup State' weekly bulletin, please email matt@genglobal.org.
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