European Commission Proposes New Innovation Act to Boost Global Competitiveness
The European Commission has proposed a new European Innovation Act aimed at helping innovative European ideas grow, receive financing, and scale up.
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The European Commission proposed a new European Innovation Act on 9 September 2026, according to a press release from Brussels. The initiative is designed to assist Europe's most innovative ideas in being developed, financed, and successfully scaled up within the continent.
The proposed legislation aims to enhance the capacity of European innovators to compete globally. Further details regarding the implementation and specific measures of the European Innovation Act were outlined in the official Commission announcement.
Source: European Commission. Read the original report ↗
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This brief is based on reporting by European Commission.