Today the S9+ coalition announces its new declaration. It is a call to action addressed to European ministers of digitization.
S9+ call upon the ministers of the D9+ countries to take bold, decisive action to enhance Europe’s position as a global leader in competitiveness and innovation.
Europe has the potential to become the world’s largest startup powerhouse, but this requires a fresh approach to regulation. By rethinking our regulatory framework, we can foster a dynamic market that not only supports growth but also creates an environment where innovation can thrive. With carefully designed policies, Europe can achieve both: the flexibility that startups need to innovate and the protection consumers require to feel secure.
One of the most promising areas for this dual approach is in artificial intelligence. AI startups need space to experiment and grow, yet they must also operate within guidelines that ensure consumer trust and safety. Striking this balance is crucial for enabling AI’s potential to contribute to Europe’s innovation landscape while protecting the rights and wellbeing of its citizens.
A unified Digital Single Market, supported by a digital portfolio, is another essential step toward our shared goals. With streamlined, softer, yet effective regulations, we can create a system that builds trust across borders and allows innovation to flourish across the continent. This digital portfolio will be the foundation of a new, interconnected market that supports seamless innovation and collaboration.
Moreover, it is crucial to recognize that the digital and ecological transformations Europe seeks to achieve will be driven by enterprises, particularly startups. Supporting this ecosystem is essential for success. Together, we can enable startups and established companies alike to lead in the dual digital and ecological transformations that are reshaping our world.
In summary, with strong support for startups, smart regulation, and a united approach to the digital economy, Europe can secure its place as a global innovation leader and unlock new opportunities for growth and sustainability across the continent.
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