How to improve investment horizons of European Businesses

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The discussion at this event organised by EUROCHAMBRES evolved around the need to improve the capacity of European start-ups to scale up, taking into consideration the lack of a single European market and the very exigent demands of those ready to provide equity in some way or form to start the venture. Mr García del Riego, rapporteur for the EESC opinion on "Promoting innovative and high growth firms", and ECO section president Mr van Iersel, contributed to the policy debate with the position of organised civil society. Conclusions drawn from the event were that Europe suffers a lack of funding for SMEs due, among others, to regulatory disincentives in the financial framework and a lack of institutional investors. But scaling up not only depends on the capital framework, we also need a real single market to allow companies reaching a competitive demand within Europe.