The European Commission is planning to funnel more money from its Horizon 2020 research fund towards technology startups, with EC VP Neelie Kroes announcing in a speech that she’d like to invest €16bn of its €80bn budget in digital technology research – with some of that ring-fenced for ‘high-growth technology companies and innovative SMEs’. That includes a 5% wedge reserved for “disruptive innovation” through startup contests. “The tools that supported ICT in yesterday’s world won’t work in tomorrow’s. The pace of change, the capacity for new disruptive ideas, is simply too great. We must update our policies and practices for the digital world,” said Kroes. We’re awaiting details on how the funding will be distributed, and whether music-related startups will be eligible.