Post by Techleap

Undertaking in Difficulty. It's time to change that. 📣 🇪🇺 𝗧𝗵𝗮𝘁'𝘀 𝘄𝗵𝘆 𝘄𝗲 𝗵𝗮𝘃𝗲 𝘀𝘂𝗯𝗺𝗶𝘁𝘁𝗲𝗱 𝗼𝘂𝗿 𝗿𝗲𝘀𝗽𝗼𝗻𝘀𝗲 𝘁𝗼 𝘁𝗵𝗲 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗖𝗼𝗺𝗺𝗶𝘀𝘀𝗶𝗼𝗻'𝘀 𝗽𝘂𝗯𝗹𝗶𝗰 𝗰𝗼𝗻𝘀𝘂𝗹𝘁𝗮𝘁𝗶𝗼𝗻 𝗼𝗻 𝘁𝗵𝗲 𝗿𝗲𝘃𝗶𝘀𝗲𝗱 𝗚𝗲𝗻𝗲𝗿𝗮𝗹 𝗕𝗹𝗼𝗰𝗸 𝗘𝘅𝗲𝗺𝗽𝘁𝗶𝗼𝗻 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻 (𝗚𝗕𝗘𝗥), 𝗼𝗳 𝘄𝗵𝗶𝗰𝗵 𝗨𝗶𝗗 𝗶𝘀 𝗮 𝗽𝗮𝗿𝘁. 🚨 𝗧𝗵𝗲 𝗰𝗼𝗿𝗲 𝗽𝗿𝗼𝗯𝗹𝗲𝗺: the current UiD definition systematically misclassifies financially healthy deeptech startups and scaleups as companies in distress, blocking them from the support they need to scale. 𝗢𝘂𝗿 𝘀𝗶𝘅 𝗿𝗲𝗰𝗼𝗺𝗺𝗲𝗻𝗱𝗮𝘁𝗶𝗼𝗻𝘀: 🔹 Replace the equity capital ratio with a positive sum test that reflects actual financial resilience 🔹 Recognise quasi-equity instruments (convertible loans, subordinated debt, EIB/Invest-NL financing) in the UiD assessment 🔹 Extend the innovative enterprise exemption from 10 to at least 15 years, because scaling deeptech takes time 🔹 Open up aid for the scaling phase as well, not just for R&D 🔹 Introduce a €1M safe harbour threshold to reduce the administrative burden 🔹 Enable flexibility for Member States ahead of implementation in January 2027 ⚠️ 𝗧𝗵𝗲 𝗰𝗼𝗻𝘀𝘂𝗹𝘁𝗮𝘁𝗶𝗼𝗻 𝗰𝗹𝗼𝘀𝗲𝘀 𝘁𝗵𝗶𝘀 𝗧𝗵𝘂𝗿𝘀𝗱𝗮𝘆. The more voices the European Commission hears on this, the better, so help us share this post widely, especially for the deeptech startups and scaleups across Europe. 💪 🔗 Link to the consultation in the comments