Should governments help startups?
Business Marketing with Nika
27 replies
If Yes/No – Why?
And if "YES" – what kind of support would you welcome?
(For example financial assistance, expert advice, etc.)
Replies
Senthilnathan RM@senthil99nathan
Wylo
Not relevant to your question. Still. Startups should run governments or at least a part. That won't be just interesting but would also lead to improvements in many ways, at least in most aspects if done right.
Share
FidForward
Yes, through tax breaks. Don't make us apply to anything.
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.
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,
Valuemetrix
Governments should absolutely support, I understand that many ideas might be of no interest but many startups start at something and they end up being a completely different thing.
If governments aren’t willing to support financially then definitely in every other aspect possible. Resource wise etc…
Of course they need to. Only if they support startups, can the local The local entrepreneurial climate getting better. More and more people innovate and start up businesses, the economy will be energized local businesses will get better and better.
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, 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
Yes government help us in startup's
It depends where do you live
Yes governments help in start up
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😂
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
Sugar Free: Food Scanner
100% should, the development of the country is based on the development of new technologies
Ringly.io
Only exceptions I think
Ringly.io
@busmark_w_nika that only startups that are important enough should get funding from the government
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
Whenever I see 'government' and 'help' in the same sentence, it makes me really nervous to be honest.
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