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Local business owners trained by OpenAI share thoughts on $20 billion data center
Small business owners who took part in a training session with OpenAI are sharing their thoughts on the company’s $20 billion data center project planned for Effingham County.
Buccaneers, Panthers: Week 7 game preview
Tampa Bay Buccaneers week 7 game preview.
Breakthrough vaccine for the deadliest skin cancer cut risk by almost half
The skin cancer vaccine is based on mRNA technology that helped end the coronavirus pandemic.
Another limited practice for KC Concepcion
Browns WR KC Concepcion a limited participant Thursday because of two injuries
Mark Andrews posts another full practice
Ravens TE Mark Andrews a full participant for second straight day
Q3: Omnicom’s Media Business Is Growing, But Is It Agent-Proof?
If AI agents can plan and buy media, who needs a holding company? Good question. It came up during Omnicom's Q3 earnings on Thursday.
Kevin Sowers to retire after a decade leading Johns Hopkins Health System
Sowers, who has advanced an expansive strategic vision since his arrival in 2018, announces plans to retire at the end of 2027
Bellevue-Based Business Receives National Recognition
OneFarStar LLC, the Bellevue-based parent company of Millie’s Sipping Broth, has been named among the U.S. Chamber of Commerce’s 2026 CO—100.
Chicago business leaders push back against mayor's revived head tax proposal
Under the plan, a company with 500 employees would pay $150,000 per year - a cost Johnson described as "a drop in their ocean of resources."
Arizona healthcare job growth faces staffing challenges
Health care drives much of Arizona’s job growth, but employers struggle to find workers. Training limits and funding pressures could shape how much the industry can expand.
George Pickens a limited participant Thursday
Cowboys WR George Pickens dealing with shoulder issue and listed as limited
Independent Talent Group Appoints Dan Chard To spearhead Sport And Entertainment Commercial Expansion
London, October 22, 2026 - Independent Talent Group today announces the appointment of Dan Chard in the newly created role of
Inside Workday’s second round of science-based targets
Workday's goals include its first absolute emissions reduction commitments for operations and purchased electricity.
AMC Entertainment Holdings, Inc. to Announce Third Quarter 2026 Results and Host Earnings Webcast
LEAWOOD, Kan., October 22, 2026--AMC Entertainment Holdings, Inc. (NYSE: AMC) ("AMC" or "the Company"), the largest theatrical exhibition company in the world, announced today that it will report its results for the third quarter ended September 30, 2026, on Wednesday, November 4, 2026.
Science Matters: Protecting Lake Memphremagog’s Health
NEWPORT CITY- A panel of scientists brought surprising news questioning the conclusions of a study of melanoma lesions infecting Brown Bullheads in Lake Memphremagog, PFAS levels in the food you
Iowa portable restroom companies combine under Ready Restrooms brand
A King’s Throne and Best Portable Toilets, two Iowa-based portable restroom and service companies, have joined under a new brand, Ready Restrooms. The combined company will provide portable restrooms, restroom trailers, pumping and job site services across Iowa, Kansas City, Memphis and Oklahoma. The consolidation brings together both companies’ employees, equipment and service capabilities while…
DMARC launches Thanksgiving meal box program amid record demand
The Des Moines Area Religious Council is seeking more than 200 volunteers to help distribute 1,400 Thanksgiving meal boxes to Greater Des Moines residents in need. The drive-thru distribution will take place Nov. 21 at the DMARC-ket Southside Food Pantry, 100 Army Post Road in Des Moines. The initiative comes as DMARC’s network of 13…
Palmetto Sports Daily: Bryce Young gears up for 50th career start
PSD returns with a preview of the Panthers looking to stay hot against the Buccaneers.
Restaurant Roundup: New Panda Two Fails Health Inspection, Manitou Springs Cafe Earns High Marks
EL PASO COUNTY, Colo. (KRDO) — A Chinese restaurant in Colorado Springs failed its recent routine health inspection after inspectors documented a dozen
Department of Health and Human Services and the Justice Department’s Civil Division Announce Anti-Fraud Healthcare Self-Disclosure Pilot Program
HHS launched a six-month Healthcare False Claims Act Self-Disclosure Pilot Program for healthcare companies
2 major health insurance companies cancel Medicare Advantage plans covering 1 million people
The two companies are the largest private health insurance companies for older adults in the U.S.
Everybody sells insurance. What businesses need is a partner.
How Paul White Company, Chalmers Insurance Group and MEMIC worked together to strengthen safety and business performance.
As AI transforms patient experience, clinicians see changes too
Panelists at the HIMSS AI in Healthcare Forum explored both sides of a new paradigm where artificial intelligence tools have the potential to both streamline and complexify care delivery, depending who's using them and how.
The Supply Side: Suppliers learn to challenge category placement
One in every five dollars spent on grocery items in the United States goes to Walmart. And while consumer product companies, large and small, have conformed their business to the...
Told he was science fiction: Now the tissue he printed restored people's sight
A decade after founding Precise Bio, five patients at Rambam Health Care Campus have already received corneal implants produced by the company. And what about printing other organs?
Redesign Health, ARC Global merge in $2B deal to accelerate health system innovation
Redesign Health is making a major push deeper into health system-led innovation, merging with Sheba Medical Center’s innovation arm ARC Global. | The three organizations—Redesign Health, ARC Global and AVIA—work with more than 100 health systems on five continents, and the companies and products built across their networks have reached more than 100 million patients worldwide.
Aetherion Expands Houston Industrial Water Treatment Business
Aetherion expands its Houston water treatment operations. Workforce growth and added services support its strategy to acquire regional providers.
Big Sky students get a head start on business through International Baccalaureate Program
Two-year course challenges juniors and seniors to analyze real companies, explore business strategy and develop critical thinking skills By Leslie
Tyler Shough practices in full Thursday
Saints QB Tyler Shough has been a full participant in first two practices of week
Cone Health to acquire three Reidsville pharmacies
Cone Health is acquiring three pharmacies in Reidsville with the hopes of expanding affordable access, onsite vaccinations and continuing community-based care.
Gemini app expands Google Maps Personal Intelligence, replacing Deep Think
Besides coming to Android Auto this week, Personal Intelligence in the Gemini app is also expanding its Google Maps integration.
Cost of employer-sponsored health insurance plans rises again, nonpartisan survey finds
The price health insurance companies charge for employer-sponsored plans increased again this year, as did the deductible many people must pay before those plans begin covering most healthcare costs, according to a survey released Thursday by the nonpartisan health organization KFF.
NoRA Cupcake Company in Middletown closes after nearly 15 years in business
Carrie Carella, the business’s owner, made the announcement on Facebook Wednesday night.
Employer Political Activity During the 2026 Midterms: Key FAQs
As the 2026 midterm elections approach, employers may have questions about whether (and how) they can support candidates or political positions. This FAQ addresses common questions about company political activity, communications with employees, mandatory political meetings, and political contributions.
Science-oriented company promotes field for women
A company that makes laboratory supplies marked the anniversary of its Mebane plant by holding an event honoring the women driving progress in STEM and advanced manufacturing careers across the
Endeavor Heartland names fall accelerator participants
Bentonville-based Endeavor Heartland recently named eight companies to participate in its fall 2026 ScaleUp Accelerator. The program is supported by the Walton Family Foundation and the Arkansas Economic Development Commission....
Endeavor Heartland names fall accelerator participants
Bentonville-based Endeavor Heartland recently named eight companies to participate in its fall 2026 ScaleUp Accelerator. The program is supported by the Walton Family Foundation and the Arkansas Economic Development Commission....
Kwema wins industry security award
Kwema, a Bentonville-based workplace safety company, recently won the Outstanding New Security Product at the 2026 U.S. Outstanding Security Performance Awards in Atlanta. The winning product is Kwema’s Smart Badge...
Governor Candidate Jocelyn Benson (D-MI) Visits Small Business and Meets with Voters
Governor Candidate Jocelyn Benson (D-MI) visits small business and meets with voters in Jackson, Michigan.
Indian tech company eMudhra announces withdrawal from certificate business after security incident
The issue was publicized by cybersecurity researcher Scott Helme, who published a blog saying that instead of a random 384-bit number, one of the company's private keys was just the number four.
Dsm-firmenich names new standalone companies formed after sale of Animal Nutrition & Health business
Dsm-firmenich is planning to form two companies, Noviwest and Panavora, from the sale of its Animal Nutrition & Health business to CVC Capital Partners.
County BZA approvals permit poultry, business expansions
Wayne County Board of Zoning Appeals approved five petitions — two requesting additions for ag businesses, another seeking acreage reduction for poultry, a mining business expanding its property and a chiropractor moving his operations locally — at its Oct. 8 meeting. Hally Jordan and James Spears’ petition to reduce minimum lot acreage to accommodate 14 […]
Beehive Science and Technology Academy expanding to Saratoga Springs in 2027
Beehive Science and Technology Academy is expanding with a new campus in Saratoga Springs, Utah, set to open for the 2027–2028 school year.Located at 10 S. Sara
Japanese Scientists Find Method to Support Sustainable Polyester Recycling
The process uses a supercritical carbon dioxide treatment.
Amazon renames Kindle Unlimited to Kindle Plus and expands access to audiobooks
Kindle Unlimited is now Kindle Plus.
Politics: The Midterm Races You Aren’t Hearing About
In just a dozen days, voters across the country will cast their ballots in midterm elections that could shift the balance of power in Washington. A lot of focus has been devoted to the contested races for Congress, with billions of dollars being spent on critical statewide contests and referendums.From governors’ mansions to statehouses to local ballot initiatives, voters will make their voices heard.We gather a panel of experts and zero in on some midterm races that aren’t necessarily making national headlines.Find more of our programs online. Listen to 1A sponsor-free by signing up for 1A+ at plus.npr.org/the1a.
P2 Physio Founder Luis Ferrer Joins Vanessa Certain for Pinecrest Business Spotlight
Getting your Trinity Audio player ready... Luis Ferrer, MPT, CSCS, Founder & CEO of P2 Physio, is the featured guest in this Pinecrest Business Association interview hosted by Vanessa Certain, Owner of VEC Development. Ferrer’s professional background spans physical therapy, strength and conditioning, and healthcare leadership. He earned his master’s degree in physical therapy from […]
How well have past GOTY winners sold?
We’re less than two months away from 2026’s The Game Awards, and what a year it’s been for fantastic games, including Resident Evil Requiem, Forza Horizon 6, Slay the Spire II, the Blood of Dawnwalker, and Control Resonant – just to name a few. So as we approach the end of the year, we thought we’d look back on our estimates for the GOTY winners of the past four years. In terms of revenue, Elden Ring (2022 winner), Baldur’s Gate 3 (2023), Astro Bot (2024), and Expedition 33 (2025) have generated a combined $3.8B via 73M copies sold: Let’s have a look, then. Elden Ring has generated $2B in revenue Elden Ring is a phenomenon in every sense. It’s sold a whopping 36.4M copies across Steam (50%), PS5 (35%), and Xbox (15% across console and PC). Want more free estimates and insights in your inbox twice a week? Subscribe below! Subscribe Elden Ring also just passed an astronomical milestone: $2B in revenue. While PlayStation and Xbox account for half of Elden Ring’s copies sold across these three platforms, they account for 57.5% of revenue. This – as ever – is due to regional pricing and the higher relative share of PC gamers in lower-priced markets. For example, around 17.4% of Elden Ring’s Steam copies sold were in China, where the game costs about 26% less than the price in the States. There’s an … interesting narrative going around these days that console gamers are only interested in ball-and-gun games and have the patience for little else. Well, Elden Ring’s impressive sales prove that is simply not true, and across all platforms. What’s more, over 9.8M people have played Elden Ring for over 100 hours, with nearly 3.5M people getting all of the achievements and trophies. For reference, 10.9% of Elden Ring’s PlayStation players have the platinum trophy, while 10.5% of players on Steam and 3.9% of Xbox players unlocked all the achievements. Git gud, Xbox players! Of the 1.5M people who played Elden Ring on PlayStation last month, 4% also played Dark Souls 3 last month, 4% played Bloodborne, and 3% played Sekiro. There’s those Soulsborne diehards for you. By many accounts, including my own, Elden Ring is one of the best games of all time. It’s an evergreen seller that will continue to be a cash cow for Bandai and FromSoftware for years to come. Want more free estimates and insights in your inbox twice a week? Subscribe below! Subscribe Elden Ring has sold another 2M copies across Steam, PlayStation, and Xbox this year, generating almost $110M. This means it’s outperforming many of this year’s high-profile releases. Even Elden Ring’s standalone run-based PvE spinoff, 2025’s Nightreign, has sold 7.8M copies and generated $282M in revenue. Baldur’s Gate 3 is another billion-dollar-plus banger Another cross-platform phenomenon is Baldur’s Gate 3, which has sold 23.2M copies and generated over $1.2B in revenue. About 18.7M of these copies (80.6%) are via Steam, 2.9M via PS5 (12.7%), and 1.6M (6.8%) via Xbox. Around 1.3M folks on Steam bought BG3 before it hit 1.0. The PlayStation version launched about a month after the PC 1.0 release, while the Xbox version came four months later due to technical issues around developing local co-op on the Series S. Want more free estimates and insights in your inbox twice a week? Subscribe below! Subscribe Across platforms, Baldur’s Gate 3’s monthly active users have never dropped below 2M, including 2.2M MAUs last month (68.5% on Steam, 21.9% on PS5, and 9.6% on Xbox). And it still regularly brings in 280K to 400K players every day: About 1% of BG3’s Steam player base has played for over 500 hours! That’s a little under 200K people. Astro Bot is also an evergreen seller, albeit a more niche, family one Astro Bot, 2024’s winner, has now sold 4.7M copies and generated $291M in revenue. The budget, including marketing, is almost certainly under $100M, given the small Japan-based core team and three-year dev timeline. You can really see why the tides are changing toward less expensive hubs. Astro Bot is the only first-party winner on this list, but follows other first-party winners of The Last of Us Part II (2020’s winner), God of War (2018), and Breath of the Wild (2017). Around 46.6% of Astro Bot’s copies sold have been physical, which is far higher than the typical game. This makes sense for a couple of reasons: There’s a large family audience for this one, and physical boxes are an item to wrap when giving Astro as a gift. Astro has collector value for the PlayStation core (this is nostalgia-fueled platformer celebrating PlayStation’s history) Want more free estimates and insights in your inbox twice a week? Subscribe below! Subscribe Astro is another one of those games that continues selling over time, regularly selling more than 100K a month. It’s sold around 1M more copies this year ($60M in revenue) and is a popular title with families. We can see this using the Alinea platform’s MAU crossover tool: Astro Bot’s top #2, #3, and #4 games by crossover in any given month this year are Minecraft, Fortnite, and Roblox – without fail. The #1 title every month, though, is Astro’s Playroom, a pack-in with all PS5 consoles. For every month this year, between 20% and 30% of Astro Bot players also played Astro’s Playroom that month. So the free pack-in is a noice funnel for converting players to a full paid product. Expedition 33 sells 8.7M despite Game Pass cannibalisation Finally, we have last year’s winner – Expedition 33. The turn-based-RPG banger has generated $366M via 8.7M copies sold, with 58.8% on Steam, 35.7% on PS5, and 5.5% on Xbox. Xbox’s share of copies sold is this low due to Expedition 33 launching on Game Pass, where 4.3M people across console and PC accessed the game. A little under 700K Xbox players used their subscription to play Expedition 33 this year. That said, the game’s 1.5-year Game Pass deal ended last week on October 16, and we’re already beginning to see a positive trend on Expedition 33’s copies sold via Xbox (but the jury’s still out!). There’s understandably a lot of French pride behind this one, as France is the game’s #3 market on both Steam and PlayStation. Vive la France! One thing that stood out to me is that the GOTY winners aren’t $300M Hollywood productions made in the US. They’re mostly mid-budget studios outside the traditional AAA cost centres. Lots to think about there. Also, good games sell well; who’d have thunk it!? And there’s a whole load of them this year, with GTA 6 still to come, too. GTA just made the cutoff point for the VGAs this year. What a coincidence! Loading... Cool links and other stuff Our physical games newsletter from Tuesday was picked up by GameSpot, Eurogamer, TweakTown, and a bunch of others. We’re offering a free trial of our platform for games companies. Send us a message here, or reply right here on Substack/email, and we’ll set you up. Next week, we’ve got some exciting news regarding the future of our newsletter, so stay tuned! The last word Reply to this email – or reach out here – if you have any feedback for the newsletter – or want to request a game for us to cover. Want to see why these companies (and many others) are subscribed to Alinea? Get a free platform trial! [Alinea Analytics boasts the most accurate PC and console estimates in the business. Game makers use our platform to understand their audience, keep an eye on the competition, monitor sales trends, and spot new opportunities. We equip game studios and financial institutions with accurate data and the confidence to make smarter, data-driven decisions. Want to talk about all things games market data? We’d love to chat!]
Henry Dorrbaker’s will expand Beloit entertainment complex with new indoor golf
Henry Dorrbaker's is expanding its downtown Beloit entertainment complex with a new 6,000-square-foot indoor golf attraction called The Range, which is scheduled to open in December.
Applications Open for County College of Morris Artificial Intelligence and Data Science Apprenticeship
MORRIS COUNTY — County College of Morris (CCM) is accepting applications through Monday, November 2, for the next cohort of its Artificial Intelligence (AI) and Data Science Apprenticeship, offering CCM students and adult learners living in New Jersey an opportunity to gain paid, hands-on experience while preparing for a career in the fast-growing fields of […]
World's first round-trip mission to Mars has launched — why it could be a 'transformative leap' for science
The Martian Moons Exploration (MMX) mission, which launched from Japan on Oct. 19, is on its way to Mars. When it arrives, the probe will attempt to land on one of the Red Planet's twin moons and scoop up rocks to bring back to Earth. Experts tell Live Science what these "transformative" samples could teach us.
Indoor golf facilities a booming business across the state
Indoor golf is booming in Delaware as Flight Indoor Golf and Back Nine Golf open, expand, and draw year-round players.
Pedal to the Metal: NASA’s Psyche Heads Toward Asteroid Belt
With a successful Mars gravity assist in its rearview mirror, NASA’s Psyche spacecraft has fired up its thrusters and is accelerating to the metal-rich
Goldman Sachs spends big to give small businesses an AI boost
The Wall Street giant is committing $500 million to expand its 10,000 Small Businesses program and launch an AI institute, partnering with Google, Meta, OpenAI and Anthropic to bring AI know-how to Main Street. NBC's Christine Romans spoke exclusively with Goldman Sachs CEO David Solomon and with small businesses figuring out how to make AI work for them.
How Pittsfield’s Reid Middle School is making STEM learning hands-on
At Reid Middle School, students built scissor lifts as Education Secretary Stephen Zrike Jr. visited during STEM Week,
Huntington startup creates landmark-inspired pajamas and gifts
Huntington-based Oyster and Arrow creates hand-illustrated pajamas and gifts inspired by Long Island landmarks. Founded by Emily Greany, the company emphasizes local coastal motifs and has grown to 25 retail partners, with wholesale driving most of its revenue. The brand aims to expand along the East Coast while maintaining personal connections.
Monument Health expands diabetes, endocrine care in Rapid City
Monument Health opened a new 26,000-square-foot Endocrinology and Diabetes Education clinic at 855 Omaha St. in Rapid City with 35 exam rooms.
Nasdaq Revenue Rises 14% as Financial Technology Business Expands
Nasdaq reported higher third-quarter revenue and earnings Thursday (Oct. 22), supported by growth in its financial technology and capital markets
ESPN proposes lopsided trade between Panthers, Eagles
ESPN has cooked up a trade between the Panthers and Eagles that would have one side making out like bandits.
Baton Rouge startup selected for national health tech competition
Baton Rouge health technology startup Chrysalis is among 15 teams selected to participate in a national competition focused on using AI to help people living with chronic, difficult-to-diagnose illnesses. The company, co-founded by husband-and-wife duo Brent and Brittany Martin, will present its flagship product, Chrysalis Health Spaces, Thursday afternoon during the final demonstration of the […]
PCA's 14th annual Senior Strut promotes healthy aging and community among older adults
Philadelphia Corporation for Aging hosts activities throughout the year to promote healthy aging and create community. In this week's Art of Aging, we catch up with some participants who got to walk and talk down Kelly Drive at what might be considered PCA's favorite outdoor event.
Munich Re expands CEO Blunck’s leadership role
Germany-based Munich Reinsurance Company has appointed Thomas Blunck to lead its property and casualty reinsurance business in Europe and Latin America, effective Nov. 1, while retaining his role as…
CBS Sports Adds U.S. Spanish-Language Rights For Concacaf Champions Cup on Paramount+
CBS Sports Adds U.S. Spanish-Language Rights For Champions Cup
Tepper Sports & Entertainment Selects Marsh and Partners Risk Strategies as Insurance Brokers for Bank of America Stadium’s Multi-Year Transformation
The official website of the Carolina Panthers with access to tickets, schedules, news, videos, photos, statistics and more.
Tepper Sports & Entertainment Selects Marsh and Partners Risk Strategies as Insurance Brokers for Bank of America Stadium’s Multi-Year Transformation
The official website of the Carolina Panthers with access to tickets, schedules, news, videos, photos, statistics and more.
How a Legal Backlash Against Big Tech Is Forcing Big Changes
A series of lawsuits has created a new de facto regulatory regime as courts order companies like Meta and Google to change their business practices — and pay up.
5 Startups to Pitch at UToledo Business Incubator’s Tech419 Oct. 29
Three of this year’s five finalists have UToledo ties, with ventures spanning space research, orthopaedic surgery, manufacturing and facility maintenance.
VSee Health Shareholder Letter
Projects a Transformative 2027HOUSTON, TX / ACCESS Newswire / October 22, 2026 / , Inc. (Nasdaq:VSEE) ("VSee" or the "Company"), a leading provider of telehealth and digital health solutions, today issued the following letter from Chairman and Chief Executive Officer Dr.
Accounting firms grow advisory services for growing clients
New York accounting firms like Geller & Company and Grassi Advisors expand advisory services to meet growing client demands for strategic financial guidance.
Metamora, Creve Coeur look to expand business development
East Peoria has already purchased the land on Route 24 and Centennial Drive to expand housing development, while Metamora is developing housing, and possible business development, on 135 acres on Route 116.
Meet Mori, a Cute Robot Mushroom That Doesn’t Really Say (or Do) Anything
Step one in convincing people to live with robots with cameras on their faces? Disguise them as cute home decor.
Vespexx Recognized as Finalist for the Digital Health Hub Foundation Digital Health & AI Awards 2026 at HLTH
Vespexx Inc., an AI-driven femtech company, today announced it has been named a Finalist for the Digital Health Hub Foundation's Digital Health & AI Awards 2026, held at HLTH. Competing in the Rising Star track under the Women's & Family Health category, Vespexx advanced from the Quarterfinalist stage announced earlier this fall, standing out among more than 1,300 submissions.
This founder built the RV he wanted for ski trips. It led to a $20 million business
Jim Ritchie felt that RVs looked like ‘1980s Vegas.’ His hybrid vehicle company, AEONrv, grew 4,231 percent in three years.
Sasin and Thai Airways Partner to Bridge Business Education and Real-World Experience
Sasin School of Management, Chulalongkorn University, and Thai Airways International Public Company Limited have signed a Memorandum of Understanding (MOU) to promote cooperation in education and student development, connecting classroom knowledge with practical experience in the business sector.
Why we’re still so obsessed with Elizabeth Holmes
You Can See Everything, a documentary about the disgraced biotech company founder Elizabeth Holmes, has enjoyed a record-breaking opening in the US. It is a testament to how fascinated we remain by the convicted fraudster, but what is behind the enduring appeal? US technology editor Blake Montgomery tells Madeleine Finlay why Holmes continues to fascinate us, and reflects on whether the Theranos scandal has had a permanent impact on Silicon Valley
Navvis Introduces New Solution to Help Health Systems Build the Operating Capabilities Required to Achieve High Performance in CJR-X
ST. LOUIS, October 22, 2026--Navvis, the leading value-based care enablement company, today announced a new CJR-X solution built to help health systems achieve high performance in the Centers for Medicare & Medicaid Services (CMS) mandatory and newly finalized Comprehensive Care for Joint Replacement Expanded (CJR-X) model. Joint replacement is one of the most profitable service lines for health systems across the U.S. today, and CJR-X gives health systems a mandatory new way to protect and grow
Sheba sells ARC innovation arm to Redesign Health in deal valued at tens of millions of dollars
The deal transfers management of ARC’s global network and the rights to establish new hospital innovation centers to the U.S. healthcare venture builder, while Sheba retains its stakes in portfolio companies.
Introspection required if EU Inc fails, says start-up lobbyist
European start-ups have a new voice in Brussels. Startups for Europe, created from the merger of lobby groups Allied for Startups and the European Startup Network, is hoping to harness the momentum behind EU-Inc, a campaign that united start-ups and investors behind demands for a new pan-European company regime.At a launch event for the new association in Brussels on October 1, the mood was remarkably upbeat compared to a typical Eurobubble gathering, more Silicon Valley than Schuman roundabout.When asked whether this reflects a feeling that Europe is on the right track, chief executive Serena Borbotti-Frison said it’s a “scary” moment as the continent looks to boost its competitiveness amid a new technological arms race.“What is at stake is quite intense, and the way we can answer is by delivering, but also with hope,” she told Science|Business. “It’s what our industry does. It’s not about identifying a pain point and then saying it’s too hard.”For many in the start-up community, that sense of hope is dwindling. In March, the European Commission presented its proposal for EU Inc, naming its initiative after the grassroots campaign.EU Inc was meant to be a gamechanger: the ability to incorporate within 48 hours for less than €100 and scale up across Europe; a harmonised stock option regime enabling start-ups to compete for talent; and simplified insolvency procedures for innovative start-ups to reduce the cost of failure.However, haggling by EU governments has raised concerns that EU Inc will be stripped of the very features, including stock option harmonisation, that are meant to make it attractive for companies.“I fear we are proving to ourselves that the model doesn’t work,” Borbotti-Frison said of the policymaking process. “Everyone agrees we should have EU Inc. Everyone agrees it’s hard to scale and we need to scale to answer the competitiveness [challenge], and still we cannot deliver? [. . .] What does that say about ourselves?”The Commission has made EU Inc a cornerstone of its single market reform, and has agreed with the European Parliament and the Council of the EU to target an agreement by the end of 2026. However, several points are currently holding up an agreement, including national rules around employee participation in management decisions, and the provision that employee stock options always be taxed at the point of sale. Some EU governments have reportedly pushed back on the Commission’s choice of legal basis, contending that anything related to taxation requires unanimity in the Council.Trade unions have also protested against EU Inc, fearing it will be exploited by companies looking to undermine workers’ rights.“If this doesn’t work, it’s introspection time, on the way our institutions work, maybe the way our lobbies work, and maybe the way the cooperation between them works,” Borbotti-Frison said.“Is it in the national interest? Is it a gap between political will and technical ability to operate? Is it speed? I don't know, but something needs to be fixed.”Ahead of last week’s European Council meeting, EU-Inc campaigners tried a new strategy: appealing directly to EU presidents and prime ministers. In an open letter, they urged EU leaders to “step in and give your negotiating teams a clear mandate to change course and reverse their objections to the Commission’s original proposal.”Lessons from EU-IncLike its predecessors, Startups for Europe will represent national start-up associations, but it is also targeting investors. The founding sponsors are venture capital firm Atomico and EQT, the investor selected earlier this year to manage the €5 billion Scaleup Europe Fund.It also wants to harness the knowledge and cross-border experience of European success stories. “Take the list of the 100 biggest unicorns in Europe. We are speaking to all of them,” Borbotti-Frison said. The association plans to publish a full list of supporters following the Slush tech conference in Helsinki in November.Andreas Klinger and Simon Schaefer, two key figures in the EU-Inc campaign, are both on the board of the new association, and Startups for Europe wants to take the lessons from their campaign.What was unprecedented about EU-Inc was “how rooted it was, and how strong it was in bringing everyone on board behind one clear pain point and solution to fix it,” Borbotti-Frison said. “This is an inspiration for us, and then we need to turn it into something more systematic, more bridged in Brussels, more connected to the policymaking game, and to scale it.”If it’s possible to unite such a broad coalition, it’s because the European start-up ecosystem is now mature, she said. “Maybe it was not ten years ago. Maybe it was not five years ago. But now, it’s mature to speak with one voice.”Open and liberal EuropeThe association plans to campaign on files related to three “pain points,” Borbotti-Frison said: “start and scale in Europe, fundraise and invest in Europe, and making Europe the most innovative continent.”As well as EU Inc, she cited public procurement, the EU’s simplification push, the Savings and Investments Union, and files related to AI adoption and technological sovereignty as priorities for the coming months.What these files have in common is that they relate not to subsidies but to the framework conditions influencing the availability of mostly private, or in the case of procurement, public, funding.Related articlesEmployee participation disagreement delays MEPs’ vote on EU IncCommission urges EU governments not to water down EU IncEU’s ‘ultra-fast’ €5B scale-up fund is set up to win, says its fund managerThe budget dispute over the next Horizon Europe programme will also impact start-ups, which are supported notably through the European Innovation Council. But EU innovation funding is a drop in the ocean compared to venture capital and public procurement budgets.“If competitiveness and innovation are a priority, then the [EU budget] should reflect it,” Borbotti-Frison said. However, she added that the main question is not how much public money is invested, but “how do we create the right conditions for the market to solve the problem?”The Scaleup Europe Fund mixes both approaches, using €1 billion in EU funding to crowd in private investors and address Europe’s lack of large-scale, late-stage growth funds. “It’s a proof of concept. Ideally, then the market will do it itself,” Borbotti-Frison said.Startups for Europe is also focused on bringing an alternative political narrative. Amid competing visions for open, global markets on the one side and a protectionist Europe on the other, it wants to offer “a third voice, to say we can be proudly European and build a strong continent in a liberal economy, open to the world, and global.”It can be tempting, when thinking about how Europe can better support innovation, to look across the Atlantic. But while it’s important to compare statistics to see where Europe needs to catch up, that’s where the comparison should stop, Borbotti-Frison said. “On everything else, we need to do it our own way. We don't have the same history. We don't have the same political model. We don't have the same way of life.”Many of the key files that could benefit the start-up community, including EU Inc and the Savings and Investments Union, rely on closer integration within Europe, making it easier to operate across borders.While the Commission has made deepening the single market a political priority, support at national level is more precarious. The coming months will see pivotal elections in Spain and France, while the German government has also been coming under pressure domestically. In each country, far-right parties have been gaining ground.When asked if she was concerned the political situation could jeopardise this progress, Borbotti-Frison responded: “Of course. I would be lying if I said I wasn’t.” However, she continues to believe that cooperation is the only way forward. “Doing it alone is not the solution. It’s also not who we are, it’s not the model we are building, and it’s not the scale we need.”
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