13. A snapshot of technology entrepreneurship in Europe
Attending
the @SMEInstrument event, I have been fascinated by the variety of really cool
ideas and innovations which are being turned into businesses by people in every
corner of Europe. I hear that this program has funded projects from 2,500
technology start ups. This is quite something, when you think about it. It will
create many jobs, but also, it will give Europe a lot of commercially exploitable
IP. Some of these start ups will grow big and really thrive, potentially
creating and buying other businesses. I also have to hope that the entrepreneurs
that found them, if they succeed, will go on to fund other start ups, since it
is natural for people who have made their money in technology to invest in
technology (this is one of the fundamental basis of the success of areas like
Silicon Valley, or Cambridge, MA). This is an investment not only in technology
and entrepreneurship, but also in young people. And the energy is amazing. It is great to be part of it
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