At a plenary debate with the European Commission Vice-President
for Jobs, Growth, Investment and Competitiveness Jyrki Katainen, the European
Alliance coordinator on the ECON committee and Rapporteur on StartUp – ScaleUp
initiative Mr Tadeusz Truskolaski highlighted the role for cities and local authorities
in promoting StartUp and ScaleUp business. He also highlighted the need for funding to be
accessible, innovative and flexible for new business start-ups. Mr Truskolaski also insisted with Commissioner
Katainen that there need to be common EU rules on insolvency and that the situation
where every Member State and region has a different system is unsustainable.