Earlier quoted context omitted.
>How about actually supporting the European Tech industry instead of just adding endless bureaucracy? Why do you make it sound like they don't? The EU invests massive amounts in technology (in regards to its paltry investment budget, but that's another debate). One does not prevent the other. And calling regulations against clear abuse "endless bureaucracy" is insidious at best.
I believe the EU would be better off if it just deleted its technology funding apparatus and tried to rebuild something like DARPA, while focusing on procurement like the poster suggested. There is a huge amount of money available, but it's locked behind layers and layers of bureaucracy. It is a huge waste of time on both sides, for some anecdotal I'm procrastinating from an application as I type. I should be coding…
I'm happy that the EU still bets on the small guys.