Federal Council seeks to strengthen Switzerland's appeal as a location for startups
The Federal Department of Economic Affairs, Education and Research EAER was commissioned by the Federal Council to examine Switzerland's startup ecosystem. The subsequent report reveals that this ecosystem is generally in good shape. However, there is room for improvement in a number of areas, namely technology transfer, internationalisation, access to skilled labour and financing. On 25 August, the Federal Council tasked the EAER and the Federal Department of Justice and Police FDJP with examining measures in these areas in greater detail. The findings are expected to be presented in June 2022. Startups play an increasingly important role in a country's innovative strength. They make a significant contribution to harnessing the innovation potential resulting from research.