Looking at the state of the EU tech industry and chuckling.

The point of the EU subsidies is, surely, not to enrich a few people with the right connections but to stimulate a productive ecosystem that supports well paid skilled employment, right? Right?

You don‘t need the right connections. You can be an outsider and spend 10% of the grant to hire a guy who will help you with paperwork and refining the idea to fit in support initiative. Basically, you look around what grants are there, find the ones you like and can align to, find a consultancy and get your 200k-1M€. Just make sure you can show something in the end, as promised.

Honestly, I don’t know what are you talking about. Tech industry in Europe is far from being dead. Not least because for many American companies Europe as market is dead.