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1 Million New European Start-ups by 2030 is a proposal designed to focus available European resources in order to build new companies at European level across the EU.
The new start-ups created at European level will create jobs, generate more income to national budgets and develop innovation and creativity of many Europeans. In order to deliver on these results, the newly created financial support mechanism will consist also in equity participation tools designed to regenerate the budget from successful European start-ups.
The European Union and member states, with the support of the financial / private sector and of the local authorities, will need to mobilize every year for the start of the project around 10 billion euros, meaning an average of 100.000 euros per new start-up. The support given to the new entrepreneurs will consist in grants, counselling, mentoring and financial guidance.
JEUNE, in cooperation with YES, aims to mobilize and cooperate with other organizations in order for this idea to become a concrete project.
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