News release
Pan-European map on startup hubs shows 174% investment surge in 2014
10 European cities under review are: Berlin, Bucharest, Brussels, Helsinki, London, Madrid, Manchester, Munich, Paris and Stockholm.
24 September 2015, Bruxelles
New research into Europe’s leading business incubation clusters has identified a 174% increase in total investment between 2013 and 2014. From the initial 10 cities reviewed, the research suggests a substantial increase in total funds raised over the 12 month period, from €2.4bn to €6.6bn. However, the total number of deals in the period remained unchanged from the previous year (2013), indicating an uptick in average deal size. The research also finds that London leads the way in early stage contribution, having generated more investment than its closest peers Berlin, Paris and Stockholm combined over the 12 months period. As part of the Digital Single Market Strategy, the Commission wants to create the right legislative, economic and business conditions for EU startups to thrive and grow across borders.