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🇪🇺 eu/acc (European Accelerationism) is a decentralized movement aimed at transforming the tech landscape in Europe, with one clear mission: to simplify and accelerate innovation across the continent.
eu/acc objectives
These objectives were crowdsourced from X by tens of thousands of people on how to save Europe:
1. Reduce regulatory burden for startups in Europe
Europe should reduce the regulatory burden for businesses, streamlining the process of starting and growing companies, and encouraging innovation. By exempting businesses with annual revenues below €10 million from complex regulations like VATMOSS, GDPR, and the EU AI Act, we empower entrepreneurs to focus on creating great products and reaching market success without being weighed down by compliance.
2. European Inc: a single pan-European business entity
Europe should create a single, EU-wide business entity that eliminates the complexity of dealing with 27 different company registration requirements. Starting a business should be as easy as clicking a button online, without needing physical offices, notaries, or lawyers.
3. Tax discount during startup phase
New European businesses should receive a discount of 0% corporate tax for the first 3 years, allowing them to focus on innovation without the pressure of financial strain. This also makes Europe instantly one of the most attractive places in the world to start a business.
4. Tax stock options when sold, not when exercised
Europe should change its tax policy on stock options to tax them only when sold, not when exercised, so that it can compete globally in attracting top talent and entrepreneurs.
5. Embrace AI and technology, don't fight it
Europe should see tech and AI not as enemies but as crucial for its survival. While Europe currently lags behind, we believe we can turn the tide by fostering an environment that encourages innovation rather than stifling it with premature regulation. AI can revolutionize industries like healthcare, education, manufacturing, agriculture, energy and of course software, and Europe needs to be at the forefront of this change.
6. Teach AI and tech in European schools and universities
Lastly, to ensure the long-term prosperity of the Europe, Europe should teach tech, coding, and AI in all schools and universities. By equipping the next generation with these skills, Europe can secure its place as a global leader in innovation.This is our plan to accelerate Europe.
How can you help?
Join us! and share euacc.com with your local politicians.
eu/acc is an offshoot of e/acc.
Last updated: December 11, 2024