Plans to help boost the number of privately owned European companies valued at more than $1 billion (€820 million) are to be presented to the EU Commissioner for Innovation Mairya Gabriel on Monday. Representatives from organisations across the EU will formally deliver their plans at a virtual start-up summit as part of a bid to encourage the European Commission to do more to help promising companies become so-called “tech unicorns”. Overall, the aim is to increase the number of such companies tenfold over the next decade.
Image: European companies have lagged counterparts in the US and Asia in creating tech unicorns - https://www.irishtimes.com