Newcomer Entrepreneurs & EU Inc

Starting New welcomes EU Inc. as a significant reform. Our policy response sets out the economic case for newcomer entrepreneurship in Europe, the gaps a 28th regime leaves open, our recommendations, and our updated position following the draft European Parliament report.

The economic case: there are around 2.2 million non-EU-born self-employed people in the EU, and newcomer founders create businesses at higher rates than the native-born population.

The gaps: incorporation is only one barrier. Residence and permit rules, banking access, credit history, recognition of qualifications and language of administration all continue to determine who can actually start and scale a company in Europe.

Recommendations: align the 28th regime with residence and self-employment permits, ensure digital identity works for third-country nationals, and guarantee equal access to banking and public support schemes.

Update following the draft European Parliament report: what we keep, what changed, our position, our asks and the legislative timeline.