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Startups, take note! These are the tech sectors the EU’s funding in 2023


On Tuesday, the European Council approved the EU’s general budget for 2023. This was agreed in negotiations with the European Parliament a week earlier. The two institutions have committed to a total budget of €186.6 billion next year — an increase of 1.1% compared to 2022. According to the Commission, 2023’s budget aims “to boost the recovery from the coronavirus pandemic, to put Europe on the path towards a sustainable future, to protect and create jobs, and to strengthen the Union’s strategic autonomy.” Notably, a significant amount of funding is being allocated to sectors that can benefit startups and SMEs…

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