In November 2022, IOM together with the European Commission’s Directorate-General for Structural Reform Support (DG Reform) and Copenhagen Capacity (CopCap) launched the project “Talent Hub: Supporting Copenhagen Capacity to strengthen retention and EU-mobility of skilled migrants through collaborative multi-country coordination on talent retention and circulation in the EU”.
In the framework of the Talent Hub project, IOM in cooperation with the European Commission provides technical support to strengthen the capacity of CopCap and other public Danish and selected European stakeholders to develop, adapt and implement strategies related primarily to talent retention, nurturing and attraction. Talent is here defined as mid to highly skilled Third Country National (TCN) workers in Denmark and the EU.
The Talent Hub project will contribute to strengthening policies and structures to facilitate retention and to support the formulation of future-oriented integration policies and reforms targeting talent. Strengthened focus on retention is intended to support intra-EU circulation and the socio-economic integration of talent in Denmark and Europe more broadly.
In the context of global competition for talent, EU Member States need to expand on existing intra-EU initiatives for foreign talent and to replicate best practices on social inclusion and retention. Enhancing the integration and social inclusion of migrants meets key European objectives of equality and social cohesion, essential for a dynamic economy that benefits all.
During the 16 months from 1 November 2022 until 29 February 2024, IOM Denmark and IOM Germany will develop various materials, including a modular guidebook showcasing practical experiences and best practices with talent retention in selected EU Member States.
The guidebook can be applied to different EU stakeholders seeking varied input on their challenges on talent retention, attraction and circulation in their national contexts.
The project concludes with the formulation of a concept note on a Talent Hub EU coordination mechanism (collaboration & knowledge sharing mechanism of best practices) and a final workshop in February 2024.
The project is funded by the European Union via the Technical Support Instrument and implemented by IOM, in cooperation with the European Commission.
Copenhagen Capacity assists foreign businesses and talent in identifying and capitalising business opportunities in Greater Copenhagen and is the official organisation for investment promotion and economic development in Greater Copenhagen.
The Directorate-General for Structural Reform Support (DG REFORM) helps EU countries to design and implement reforms as part of their efforts to support job creation and sustainable growth.