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Dublin’s Fenergo recently joined the unicorn club but the number of billion-dollar start-ups in Europe still trails behind the US.
As more European start-ups reach billion-dollar valuations, start-up groups are urging the EU to introduce policy reforms that will ramp up the number of so-called unicorns.
A group of start-up organisations from around Europe will present plans to the European Commission today (10 May) that they believe will improve the business environment for start-ups and encourage more founders to build their businesses at home, rather than looking to the US.
The groups will urge EU innovation commissioner Mariya Gabriel to enact Europe-wide policies that can stimulate start-up growth.

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