Should governments help startups?
Business Marketing with Nika
45 replies
If Yes/No – Why?
And if "YES" – what kind of support would you welcome?
(For example financial assistance, expert advice, etc.)
Replies
Ruben Boonzaaijer@ruben_boonz
Ringly.io
Only exceptions I think
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@ruben_boonz What does it mean? :D
Ringly.io
@busmark_w_nika that only startups that are important enough should get funding from the government
Ringly.io
I'd say they don't need to actively help, but they should absolutely not get in the way. If they don't do that I'm already satisfied😂
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@maurizioisendoorn Hahaha, I think I know what you mean. Everywhere where the government tries to step in... there is a mess then. 😂
FidForward
Yes, through tax breaks. Don't make us apply to anything.
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@rbatista19 I also had this in my mind. Some restrictions and tax rates are crazy :D We now have a new government and servants in the front line... we fu** it up. :D hmm... nevermind. Maybe in next 4 – 5 years :D
Best way government can help startups from my experience is financial incentives, i.e. grants, loans, tax discounts...the government can also facilitate the development of the startup ecosystem by subsidizing incubators/start up campuses
WebCurate
In my opinion, yes, though the amount of investment must be based on the potential of the startup to grow well.
Regarding the support, as you've noted, both financial and expert advice can be provided, however, the amount could be tuned based on the growth potential, in my opinion.
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@hosseinyazdi That is a good point. My question is: Where can the government get that money from (for financing startups)? Because I think it will reflect in (maybe higher taxes for citizens).
WebCurate
I got you now @busmark_w_nika. Maybe through share proportion in revenue similar to how investors invest on startup, but with a lesser rate to be more supportive,
Sugar Free: Food Scanner
100% should, the development of the country is based on the development of new technologies
Context Data
At its core, a startup is just a small business. Government already supports small businesses via loans, grants, incubators, partnerships etc.
I think some people get stuck on the "startup" nomenclature as high flying companies with tons of money in the bank
Zixflow
Yes by not interfering much in my taxes :)
WebInsights
Whenever I see 'government' and 'help' in the same sentence, it makes me really nervous to be honest.
Motiff
Absolutely, governments should support startups as they are pivotal in driving innovation and economic growth. By providing resources and creating a favorable regulatory environment, they can significantly accelerate the success of emerging businesses.
SpeedLegal
If you dont have a strong VC culture like in Silicon Valley, potentially yes, i.e., in the EU
It depends where do you live
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@pavel_demidovich What country are you based in?
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@pavel_demidovich I did not know about that. Interesting how various governments approach entrepreneurship differently.
Yes governments help in start up
Governments should support startups only if access to assistance is truly equal for everyone. I don't have a lot of experience, but in my country (Italy), access to assistance is often contingent on personal connections, favors, and partly personal gains (a softer way of saying "corruption"). Instead, it should be contingent on the actual objective characteristics of the project.
Yes government help us in startup's
Most governments already do!
Yes, for the good of the country. A country that seriously helps start-ups will also, in the long run, have a better business climate for the benefit of the wealth of the country
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@trumpeter Yeah. There are two camps: people who agree that the government should help because it can help the economy, on the other side there are people who prefer not to have government intervention because it would make things worse. It probably depends on the country and its internal system, political regime, etc.