Fast startup creation, smooth market entry
∙ Fast-track the process of creating a new company within one day for €100.
∙ Creation of a Market Access Helpdesk to help startups finding all the relevant information in one place and to help overcoming any regulatory issues and/or impediments.
∙ Legal documents from other EU jurisdictions can be submitted as proof for the incorporation of a startup.
and retaining Talent
∙ Accelerate visa processes for tech talent from outside the EU, and incentivise the return of EU tech-talent.
∙ No taxes for stock options before being cashed in.
∙ Allow startups to issue stock options to employees with non-voting rights.
∙ Think Small first – Simplify and update companies laws to adapt to startups culture.
∙ Regulatory sandboxes allowing startups to experiment and innovate.
∙ No legal or administrative impediments that would put startups/scaleups at a disadvantage.
∙ Ownership of intellectual property rights.
∙ Tech Transfer Policies for technology developed in Universities or research institutes.
∙ Support startups to contribute and benefit from open source assets.
∙ Direct access to finance: funding to enhance access to venture capital for startups through the European Investment Bank (EIB), Promotional Banks or other dedicated vehicles.
∙ Indirect access to finance: policies that increase the amount and diversity of private capital.
∙ Tax relief measures for Business Angels.
Social inclusion, diversity, and protecting democratic values
∙ Incentives to hire on diversity of ethnicity, gender, religion, age and sexual orientation.
∙ Support to founders from under-privileged backgrounds to create companies.
∙ Mobilisation of startups to address marginalisation and social exclusion.
∙ Interactions between startups and authorities designed to be via digital.
∙ Approach startups for best practices on digitalization.
Wouldn’t that be nice for everyone?
The Startup Nations Standard is a set of practices designed to foster entrepreneurship in the European Union and accelerate the growth of startups into innovative small and medium-sized enterprises with all the conditions to scale even bigger.
Read all the recommendations or download the full declaration below.