Support for startups "at them"
Two messages from IA YUNOVA Media Obama proposed the Startup America project to Congress
US President Barack Obama has sent a package of Startup America legislative initiatives to Congress, which should help solve a number of fundamental problems of startups in the US, accelerate their development and lead to the emergence of more of them. Dry statistics show that in 2011, 23% fewer tiny tech companies were launched in the United States than in 2007. The slowdown in the growth rate of the number of startups is a steady trend that worries the authorities of the country. Moreover, both Democrats and Republicans alike – representatives of both parties in the Senate and the White House worked on legislative initiatives collected in Startup America.
The proposed initiatives, in particular, include the legalization of crowdfunding – the ability to legally collect small amounts of money from a large number of people through resources like Kickstarter and IndieGoGo.
In addition, Barack Obama took the initiative to simplify the rules for entering IPOs for small companies, since over the past decades they have become more complicated and too expensive. As a result, if in the 90s 80% of companies entering the stock exchange attracted less than $ 50 million, then over the past ten years there have been only 20% of such. Meanwhile, public companies are the main engines of the American economy and on average offer jobs to more people than closed ones (and working in the same field).
Startup America also has provisions that allow citizens of other countries who are studying in the United States to stay after graduation, if they are engaged in a startup or create it.
Conditions have also been eased for investors who are offered "tax holidays" on capital placed in startups for a period of five years or more. The plan also includes the abolition of small business income tax if it is reinvested in the development of the enterprise, as well as other tax benefits.
Market participants highly appreciated the efforts of the US president and urged others to popularize Startup America in every possible way so that it would pass through Congress faster. For example, Steve Case, AOL co-founder, said: "It may seem that Washington is not listening, but the success in stopping SOPA proves that our words and actions matter. That campaign was aimed at stopping the wrong bill. Now it's time to promote something useful. Startup America is moving us in the right direction. Is this an ideal package of laws for entrepreneurs? No, but there is no such thing as an ideal package of laws. And we cannot allow the ideal to become the enemy of the good." He urged US entrepreneurs to talk and write about the package of laws. On Twitter, information about him is distributed with the hashtag #StartupAmerica.
And one more piece of news – maybe our guys will make their way there, surpassing various other Swedes?The Rockstart Accelerator startup accelerator has been launched in Europe
The launch of Rockstart Accelerator, a Dutch business incubator open to cooperation with any startup in Europe, has been announced. He is looking for the top 10 teams of aspiring entrepreneurs that 99 mentors will train for 100 days, plus an additional program awaits them in the summer, which will end with a 25-day trip to Silicon Valley. The latter, however, is not such a know-how – Seedcamp has been doing about the same thing (4-week camps) for the past three years.
The teams will stop at the Startup House in San Francisco, from where they will make "raids" on the offices of friendly Rockstart Accelerator American companies - Google, Microsoft BizSpark, Mozilla WebFWD. For all this, plus an investment of 20 thousand US dollars, six months of free rental of premises, Rockstart Accelerator asks for an 8% stake in the company.
The TechCrunch blog found that the Rockstart Accelerator conditions are quite acceptable when comparing its offer with what other European incubators are doing. Thus, the Polish GammaRebels asks for 10% for an investment of 12 thousand euros, support of mentors and office space. The British Springboard can invest up to 15 thousand pounds and provide an office for 6% in business, the British Seedcamp will want 8-10% with investments up to 50 thousand euros (plus an internship in the USA, as mentioned above).
American incubators also operate approximately the same way – Ycombinator takes from 2 to 10%, TechStars 6-10% with investments similar to European analogues and an "additional package" of services, including mentors and jobs in offices.
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02.02.2012