I propose that the EU budget should support the creation of a Single European Venture Capital Market to finance high-growth startups across Member States. Today, too many European startups relocate to the US or Asia due to fragmented, insufficient venture funding. By pooling resources, simplifying cross-border investment rules, and offering co-investment incentives from the EU budget, we can scale European innovation at home. This would strengthen Europe's global competitiveness, create quality jobs, and turn Europe into a true tech and innovation powerhouse — not just a regulator, but also a builder. Incentivizing innovation is one of the crucial ways of restoring EU’s global competitiveness.