Kat Borlongan of the EIC board helped France launch its start-up strategy. Now she wants more strategic direction from the EU
Kat Borlongan, a member of the European Innovation Council board. Photo credits: Michel Briand / Flickr
The EU’s new start-up and scale-up strategy lacks a bold target and a team to take it forward, according to Kat Borlongan, a member of the European Innovation Council (EIC) board.
“My beef [with the EU strategy] in the beginning was that there's no obvious objective,” Borlongan told Science|Business. Instead of key performance indicators, there are broad ambitions and policy initiatives.
The strategy’s to-do list includes creating a Capital Markets Union to allow investment to flow freely around the bloc, introducing the 28th regime to make it easier for companies to operate in multiple European countries, and enabling talent to become more mobile.
Borlongan thinks the financial side is not so important. “We already know we're not going to out-spend the US and China,” she said, adding that bold targets, clear ownership and better connections between…
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