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I'm not at all convinced the EU would be the best target for this kind of lobbying. Startup company supports vary widely by member country, and even by region w
by OliverM 15y ago
I'm not at all convinced the EU would be the best target for this kind of lobbying. Startup company supports vary widely by member country, and even by region within those countries. Certainly in my case (Ireland) lobbying agencies like Enterprise Ireland or the local county enterprise board gives much more return in much smaller periods of time. These agencies effectively navigate the EU thicket of regulations for you. But I can see how that would vary widely, depending where you're from.
The payment gateway issue is a real one but separate to startup supports. Big business would love to see this resolved too, surely?
- masklinn 15y ago> Big business would love to se this resolved too, surely? Big business already have everything in place to handle each country, so while smoothing out payment across the EU may reduce their own costs, it would also make the market that more interesting to enter: instead of having to deal with 27 countries individually, of 5 to 80 million potential clients, you'd have a prospective market of 500 million in a single swoop. Startups and the like would be much more likely to invest in EU-wide support early rather than start from US-only and then maybe enter a pair of EU market (UK, Germany, France) once they've grown enough to think of broadening their aim. This would increase competition risks in EU markets, which big businesses do not want.
- OliverM 15y agoTrue. I'd forgotten how incumbent 'big' business sets barriers to competition in the manner you describe. Though this kind of barrier still leaves them susceptible to competition from other, non-incumbent, big players (if any remain?).