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I work as a lobbyist at the European Parliament where I follow the ITRE committee here I contribute with draft proposals.
It is not lack of good ideas for starting businesses that stops business incubators from helping them to succeed. It is rather that there are not enough qualified people that can support these companies. In this suggestion, I have developed and present how a financial recycling model makes it possible for Business Incubators run by municipalities, boroughs, counties and cities to offer highly qualified professionals that can help their portfolio companies. A pilot project monitored by the EBN should run for a few years. After its evaluation and adjustments are made EBN could offer this service and knowhow to the municipalities, boroughs, counties and cities of Europe.