Start up support

PREVIOUS CHAPTER

BACK TO CONTENT

NEXT CHAPTER

Start up support

Lower the financial stake that you have to pay in order to start up a company

• the cost for starting a company is too high, compare with the UK in order to make it cheaper and more accessible. The initiative CF 111 should be taken into considera-tion.

Gather all information about how to start a company and put the information in one place (website) with links. Make all information also available in English. Get inspiration from for 

example https://www.verksamt.se/en/web/international/home the Swedish webpage for start ups

• this is essential for attracting start-ups. Since it is very easy in other countries, peo-ple tend to prefer starting up in for instance London instead of Luxembourg.

Educate civil servants in how to help those who want to start up their own company

• start up a "help line" for those who want to start a company and combine it with business centres where entrepreneurs could get hands on help with practical things like how to register for tax declaration etc.

Include entrepreneurship/how to start a company in all public education from high school

• also in practical schools entrepreneurship should be something that is compulsory. Studies show that countries who teach young people how to start a company get more start-ups and higher quality on SME's.

Introduce ways for start-ups to get public seed funding

• for instance innovation vouchers

PREVIOUS CHAPTER

BACK TO CONTENT

NEXT CHAPTER