The EU says let a thousand startups bloom

"The European Commission, the executive arm of the EU, proposed Friday a new set of start-up standards for member states to adopt as the bloc seeks to play catch-up with the U.S. and China.

The EU Start-up Nations Standard calls on countries to change their laws on stock options and immigration visas so that start-ups can attract the best talent from anywhere in the world.

So far, 25 countries across Europe have signed up to the framework. The only ones that haven’t are Hungary, Bulgaria and Croatia. Those that have signed up will now be expected to change their rules over time."

They want to really fast-track startups in Europe. Building on momentum of a surge in investment in European-based tech last year. It seems harmonious with the EC’s ultimate goal for NGI. Allows more leeway in giving out stock options and makes setting up startups in one day they claim. It all has to be legislated. This “Startup Nations Standard” is sort of an MOU I guess. Statement of intent.

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