The British tech sector can rest a little easier tonight after the UK arm of Silicon Valley Bank (SVB) was sold to HSBC for just £1. The intervention followed last week’s collapse of the subsidiary’s California-based parent company. The Bank of England (BoE) intervened over fears that mass withdrawals in the US would spread to the …
Sale of SVB UK ‘minimises disruption to British tech,’ says Bank of EnglandLire plus »
Cargo ports are vital transport hubs in the world economy. Around 90% of all globally traded goods by tonnage is transported by sea and in 2021, a whopping 3.5 billion tonnes of freight passed through EU ports alone. Antwerp was the second-largest port in Europe — spreading across 120km² — before a merger with Bruges …
Europe’s ports are using tech to navigate ‘the perfect storm’Lire plus »
The EU Commission is extending the relaxation of state aid rules to prevent green tech firms from relocating abroad and enable the bloc’s transition to a net-zero economy. The rules around national subsidies had already been amended in 2022 as a response to Russia’s war on Ukraine, seeking to enable member states to more easily …
EU extends crisis state aid rules to prevent green tech firms from leavingLire plus »
Under the Chips Act, the EU is seeking to end its dependence on China and produce 20% of the world’s semiconductors by 2030. Amidst the political push, attracting global giants to invest in the union’s domestic production has been a key strategy — with Intel’s plan to construct a massive chip plant in Magdeburg, Germany, …
Intel wants another €5BN in subsidies to build chip plant in GermanyLire plus »
Women’s Day is a day when we celebrate the achievements of the amazing women founders, developers, and VCs that are bringing innovation and disruption to the Dutch tech ecosystem. But it should also be a day when we confront the barriers and challenges women continue to face. The fact that International Women’s Day still exists …
5 things founders want you to know about the Dutch tech scene this Women’s DayLire plus »
Rishi Sunak has enraged British scientists after dimming hopes of rejoining the EU’s Horizon programme. Prospects of entering the €96 billion research scheme had grown after a new Brexit deal for Northern Ireland was struck on Monday. European Commission president Ursula von der Leyen described the agreement as “good news” for scientists and researchers. She said …
Sunak branded ‘unspeakably idiotic’ for impeding plans to rejoin HorizonLire plus »
The European Commission has launched a new €7.5 million grant scheme to help Ukrainian SMEs integrate and benefit from the single market. The so-called ReadyForEU scheme comprises two calls for proposals directed to Ukraine-based businesses and entrepreneurs: the Business Bridge and the Erasmus for Young Entrepreneurs — Ukraine. The calls follow the country’s recent entrance …
€7.5M EU scheme aims to help Ukrainian SMEs benefit from the single marketLire plus »
València’s tech ecosystem is growing and maturing at a brisk pace. Founders, investors, and business leaders in the city are unanimous that this region in Spain will cement itself as a tech hub to be reckoned with in the coming years. Names like Flywire, Fever, and Jeff are well-known, but there are tons more Valèncian …
10 trailblazing Valèncian startups to watch in 2023Lire plus »
A new €15 million fund has launched to help quantum technology research in the Netherlands transform into venture capital-investable startups. Backed by Quantum Delta NL (QDNL), a foundation that seeks to boost and scale the Dutch quantum ecosystem, the so-called QDNL Participations fund has a twofold focus: early-stage startups in the sector and research teams …
New €15M fund for early-stage quantum startups launches in the NetherlandsLire plus »
Why can’t European tech companies compete with Silicon Valley giants? It’s a perennial conundrum for the continent’s IT leaders — and one that Phill Robinson is trying to solve. After a globetrotting career as a tech executive, Robinson returned home to the UK and founded Boardwave, a networking platform that wants to make Europe a …
To compete with Silicon Valley, European startups need their own NasdaqLire plus »
