SwiftComply has been selected by DIGITALEUROPE – Europe’s largest trade association representing the digitally transforming industries – as the Irish nominee for its annual Future Unicorn Award 2021.
Running for the fourth year in a row, the Future Unicorn Award celebrates scale-ups from across Europe that have the potential to become the future European tech giants. It is compiled in collaboration with DIGITALEUROPE’s national trade associations representing the digital and technology sector.
SwiftComply is on a mission to protect the environment and human health. We help cities around the world to manage and maintain their environmental compliance. Being nominated for the Future Unicorn Award is a great opportunity to raise our voice on matters in Europe’s digital and environmental sphere.Lily Chen — Country Manager
This year, 21 inspiring companies from 17 European countries were shortlisted. The nominees come from a variety of sectors, including financial technologies, edtech, health tech, energy, security, cleantech, and more.
The winner will be announced by Mariya Gabriel, European Commissioner for Innovation, Research, Culture, Education and Youth, on 4 February 2021 at DIGITALEUROPE’s flagship conference Masters of Digital, held virtually this year.
Why European unicorns matter
‘Unicorns’ are scale-ups valued at over one billion dollars. In the modern economy, digital companies get exponential advantages as they scale, as their economic value also rises. Unicorns are usually a good indicator of who will likely become a future tech giant.
Today, approximately 12 per cent of the world’s unicorns are based in Europe. While this is a significant growth compared to only 6 per cent in 2014, DIGITALEUROPE understands it is nowhere near enough and has set a goal for Europe to become home to at least 25 per cent of world’s unicorns by 2025 among its success indicators for digital leadership.
The Future Unicorn Award is a great opportunity to showcase aspiring European scale-ups that have the potential to become future unicorns, highlighting that Europe has what it takes to become a digital leader.