Past Event

Start-ups’ scale-up and innovation

What role is there for policy to address the funding barrier for scaling-up? Do we need a reorientation of the currently pursued policies in European countries?

Date: November 21, 2017, 12:30 pm Topic: Innovation & Competition Policy

VIDEO & AUDIO RECORDING

Event materials

Johan Cardoen – Presentation

Europe’s slow growth is often attributed to its low capacity for structural change and shifting towards new growth areas. New firms fail to play a significant role in the innovation dynamics of European industry, especially in the new growth sectors. This is illustrated by their inability to enter, and more importantly, for the most innovative entrants, to scale-up and grow to world leadership in new sectors. Europe is missing its GAFAs (Google, Amazon, Facebook, Amgen).

The specific barriers faced by these companies in the EU need to be addressed. An important barrier is access to external finance, particularly early-stage risk capital.

What role is there for policy to address the funding barrier for scaling-up? Do we need a reorientation of the currently pursued policies in European countries? Do we need more public risk funding? Or does it matter more how “smart” the funding is, assuring that the financial markets allocate risk finance to the most promising projects.

Schedule

Nov 21, 2017

12:30-13:00

Check in and lunch

13:00-14:00

Panel Discussion

Chair: Reinhilde Veugelers, Senior Fellow

Rudy Aernoudt, Curator TEDx Brussels, Professor corporate finance at the Universities of Ghent and Nancy, Senior economist European commission (DG GROW)

Johan Cardoen, Managing Director, VIB

Louis Papaemmanuel, Director, Sales and Customer Relations, EU Start Up Services

François Véron, Co-Founder and Managing Partner, Newfund

14:00-14:30

Q&A

14:30

End

Speakers

Rudy Aernoudt

Curator TEDx Brussels, Professor corporate finance at the Universities of Ghent and Nancy, Senior economist European commission (DG GROW)

Johan Cardoen

Managing Director, VIB

François Véron

Co-Founder and Managing Partner, Newfund

Reinhilde Veugelers

Senior Fellow

Louis Papaemmanuel

Director, Sales and Customer Relations, EU Start Up Services

Location & Contact

Bruegel, Rue de la Charité 33, 1210 Brussels

Matilda Sevon

matilda.sevon@bruegel.org

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