The New European Innovation Agenda for technology leaders and venture capitalists in Silicon Valley, USA

Brussels: Europe and the Arabs

The Commissioner for Innovation, Research, Culture, Education and Youth, Maria Gabriel, is continuing her visit from Tuesday through Thursday to Silicon Valley, in the United States, to present the new European Innovation Agenda and hold meetings with academics, technology leaders, and venture capitalists. Discussions during the delegate's visit will focus on the emerging innovation and entrepreneurship agenda in Silicon Valley, as well as the Commission's efforts to create an innovation ecosystem in Europe that fosters deep-tech innovation and enhances Europe's future competitiveness.
Commissioner Gabriel will also visit the offices of META, Plug N Play and Electric Hydrogen

Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, Santa Clara County, and Alameda County, San Jose is the largest city in Silicon Valley, the third largest city in California, and the tenth largest city in the United States.
 Other major Silicon Valley cities include Sunnyvale, Santa Clara, Redwood City, Mountain View, Palo Alto, Menlo Park, Cupertino, and Fremont. The San Jose metropolitan area has the third highest per capita GDP in the world (after Zurich, Switzerland, and Oslo, Norway), according to the Brookings Institution, and as of June 2021, it has the highest percentage of homes worth $1 million. or more in the United States.
This area has become famous due to the presence of a large number of developers and producers of silicon chips or chips (integrated circuit), and now it includes all the high-tech works in the region, where the name of the region has become synonymous with the term high-tech.
Despite the presence of many technologically advanced economic sectors, Silicon Valley remains the first in the field of development and new inventions in the field of advanced technology and contributes to a third of investment returns in the field of new projects in the United States of America
Silicon Valley is home to many of the world's largest high-tech companies, including the headquarters of more than 30 Fortune 1000 companies, and thousands of start-ups. Silicon Valley also accounts for a third of all venture capital investments in the United States, which has helped it become a leading hub and ecosystem for high-tech innovation. It was in Silicon Valley that the silicon-based integrated circuit, the microprocessor, and the microcomputer, among other technologies, were developed. As of 2021, about half a million IT workers were employed in the region.
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