European Commission

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European Union cityscape with interconnected innovation hubs and entrepreneurs collaborating around a holographic display, symbolizing the EU Innovation Act's impact on startup funding and growth.

EU Innovation Act proposes to boost startup funding, ecosystem

The European Commission has proposed a new Innovation Act, seeking to unlock €5 billion for scale-ups and streamline fragmented research and development contracts across its member states.

Marcus Havel·September 10, 2026