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For years software development worked on a “waterfall model” in which you did research, design, build, test, deploy and then watch how users reacted to your product. I also wrote an entire series on the topic of Startup Boards if you want to do any more reading that link has several articles you can dig into.
The proposal also includes a loosening of strict EU state aid rules that will allow Member States to provide financial support to novel “first of a kind” chip fabs. A dedicated semiconductor equity investment facility (under InvestEU program ) will also support scale-ups and SMEs with market expansion, per the Commission.
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