Business Angels Europe Insights

European Council | Austrian Presidency prioritizes "High-tech - Made in Europe"

Last week, the 28 European heads of state - the European Council - adopted clear conclusions regarding innovation and technology (read page 10 of the Council Conclusions). On Thursday July 5, Federal Chancellor Sebastian Kurz gave a speech during the European Parliament plenary session in Strasbourg. He outlined the programme of the Austrian presidency of the European Council. Each half year, the presidency gives the opportunity to another government set the agenda and concentrate on a few policy priorities. As was expected Kurz focusses on "Europe that Protects". As is shown in his speech however, his second priority is digitalisation. He said:

"We must do everything to ensure that in the future the large internet companies are not only based in the United States or China but also in Europe. The European Union has the optimum basis requirements: the rule of law, good infrastructure, well educated people in our European Union and, most importantly, a single market with 500 million people. But we must now also create the right framework conditions to secure “High-tech – Made in Europe” in the future as well, and above all to create a level playing field."

Read t he full speech here.

Members & BAE News

Business Angels Europe at the Munich Economic Summit 2018

On July 5 CEO of Business Angels Europe Marie-Elisabeth Rusling was part of a panel during the Munich Economic Summit 2018. The panel on “Europe and the Digital Economy” focused on the competitiveness of Europe’s economy in a digital world.

Rusling stated that we must work with common definitions across Europe, focus on the 1% companies of the future and that we need a passport for investors. Also, she pointed out that regulators should agree on recognition of efficient stimulating schemes to attract angel investment as we await the European Fiscal Union.

Finally, Rusling found last weeks Council Summit conclusions on innovation and the digital economy encouraging, but she underscored that the institutions now have to act.

More on the Munich Economic Conference here.

A successful ESIL Open Day in Milan on June 28

On June 28, IBAN Italy launched ESIL during an "Open Day", bringing together new and experienced business angels, investors, innovation managers and key decision makers. IBAN president Paolo Anselmo said: "We are convinced that the introduction of ESIL is fundamentally important in Europe, as it aims to encourage and increase the investment market, and to stimulate cross-border investment opportunities, connecting the most relevant networks in Europe to create a training program tailored to local ecosystems ".

ESIL | BAE is building a trainer database

We need trainers on growing BA networks, training angels - new and experierenced. Interested? Please apply by sending an email to: secretariat@businessangelseurope.com.

A fee plus travel costs will be reimbursed.

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