Eindhoven: Brainport-region scaleups are running first reads on the EU Inc proposal that the Commission tabled on 18 March, the corporate framework now anchoring the Single Market Strategy’s startup pillar through 2026. The package pairs the so-called 28th regime with a Commission Recommendation defining innovative enterprises, innovative startups and innovative scaleups, a definitional move Dutch venture funds have flagged as the actual unlock for cross-border investment routing. The Scaleup Europe Fund is targeting first investments this spring, sitting next to the regime as the financing arm.
EU Inc is structured as an optional, digital-by-default corporate vehicle that founders can adopt instead of incorporating under one of the 27 national company laws. Eindhoven law firms tracking the file note that the regime would let a Brainport deep-tech company headquartered in the Netherlands operate under the same legal shell when it raises a German Series B, opens a Polish R&D arm, or lists on an Estonian-hosted exchange. The Commission framing puts the value at removing 27-way fragmentation rather than replacing national company law, leaving incumbents inside their existing systems.
The Recommendation on innovative enterprise definitions does parallel work. Brussels has long left startup and scaleup as informal labels, which has shaped uneven access to public co-investment, national tax incentives and EIC support tools across Member States. The new text establishes shared thresholds on revenue growth, R&D intensity and headcount, giving paying agencies, national development banks and the European Investment Fund a common reference point. Dutch scaleup associations welcomed the precision while pushing for tighter coordination with the Savings and Investments Union pipeline.
The Scaleup Europe Fund is the financial limb the Strategy promised. A public call for the management company is due shortly, with first investments targeted for spring 2026 and a mandate to back companies inside the late-stage capital gap that has driven multiple European unicorns toward US listings. Brainport policy advisers have flagged the fund as a stress test for whether EU-level capital can match the speed and ticket size of US growth-equity vehicles, particularly in semiconductors, photonics and quantum.
The connective tissue runs through the Competitiveness Compass. EU Inc, Savings and Investments Union, the Single Market Strategy proper, and the emerging Union of Skills are sequenced as one stack, with Eindhoven officials reading the Compass less as a single document than as the timing layer that holds the four files together. The legislative timetable now hands the regime over to the European Parliament and the Council, where Member States with strong national company-law traditions, including Germany and France, are expected to push back on scope while smaller jurisdictions push for breadth.
For Brainport, the practical question is enrolment. The regime is optional, the definitions are recommendations, and the fund is a single instrument. The test through the second half of 2026 is whether Dutch scaleups, Estonian e-residents and Berlin GmbH founders converge on EU Inc in numbers large enough to give the framework standing in capital markets. The Commission expects scaleups to pick first; if early adoption stalls, the post-2027 budget debate will inherit the question of whether the 28th regime needs binding force rather than the optional shell announced in March.




