Carlo Giannone’s Post

Inspiring to read the below insights by Jochen Knecht on how IFZA is using the model of Strategic Partnerships to drive growth of ecosystem for new business setup as well as support the startups and SMEs to scale. Startups need to further understand and adapt the model of partnerships to drive their growth once they launch in UAE. It's amazing how businesses can bridge their limitations and gaps when they start building synergies with other entities and scale their success.

In a recent conversation with Aryaman Gupta, BlackSoil's senior VP of investments, Aditya Sarda, discussed the startup industry's Union Budget expectations, focusing on the angel tax provision. While the startup ecosystem has urged repealing this tax, Sarda believes a complete repeal is unlikely. He suggests the Finance Ministry may expand exemptions and simplify conditions instead, noting that even minor reforms could significantly improve the startup investment landscape. #unionbudget #budgetexpectations #startups #investments #angeltax #businessstandard #blacksoil

🌟 Happy Monday and Happy November!   As we enter this new month, let’s reflect on the ambitious EU Inc. initiative, aiming to unify Europe’s startup ecosystem. With over 8,400 advocates, including #startup founders and top #investors, the momentum for a standardized pan-European corporate structure is building. While challenges like legal complexities and varying tax incentives remain, our collective voice as stakeholders is crucial for driving the change needed to enhance cross-border collaboration. What are your thoughts on EU Inc.? Have you signed the petition yet? Check out this article by The Recursive with more info on the topic: https://lnkd.in/dBi3SFBt #EUInc #Startups #StartupInvestments #AllThingsEquity

In the following article, Bloomberg highlights Norway's declining rankings in the StartupBlink 2024 index. Let's discuss #Norway and how its current policies are actively damaging its own #startup ecosystem. Norway has consistently lagged behind the leading startup ecosystems in the Nordics. Its total score is almost 2.5 times lower than Sweden and significantly behind Finland, Lithuania, Estonia, and Denmark. Notably, some of these countries were part of the Soviet Union for decades and still manage to outperform Norway. Ironically, Norway's wealth creates challenges for startup founders. Starting a business with no revenue or profits in such an expensive country is inherently difficult. Instead of addressing these challenges, the Norwegian government is imposing a 37.8% exit tax on startups. If any talented founder dares to expand or move their headquarters abroad, they are taxed 37.8% of the "perceived valuation" of their company. In effect, Norway is forbidding its entrepreneurs from considering expansion or relocation, placing them in a financial open prison for the rest of their lives. Startups are the future of our economies. If founders are treated as "evil capitalists," only the country will lose. It is sad to see this happening in an already underperforming ecosystem. To the Norwegian entrepreneurs considering starting a company in Norway, I wish you all the best.

"We are committed to staying ahead of the curve by offering tailored support programmes for startups, designed to address specific needs. From mentorship programmes to our comprehensive ecosystem of services, we ensure startups have the correct guidance to help them in their journey. We conduct ongoing market research to stay abreast of industry trends and emerging opportunities, which enables us to provide startups with valuable insights on market entry strategies," says IFZA CEO Jochen Knecht. #izadubai #freezone #startups #smes #businesssetup #business #hub #businessecosystem #ifzaacademy

🚀 Bold News for Fagura: We’ve raised over €1 million in funding and made it to the front page of Ziarul Financiar. 👉 Read the article here: https://lnkd.in/d7bwwMVj While the startup industry is facing challenges, we are thrilled to announce that Fagura has successfully closed a funding round of over €1 million. This round was supported by u.ventures, a US-based VC active in the region, Mozaic Ventures, a fund specializing in syndicated investments, Liviu Munteanu from Founders Bridge, and Radu Cheltuiala, founder of iTicket, one of the leading ticketing platforms in Romania and Moldova, along with other angel investors. The round received legal assistance from CEE Attorneys. Special thanks to Andrew Sorohan, Stella Jemna, Mihai Stipanov, Dmitri Namashco, Cristian Pasa, CAIA, Dumitru Ciorici and Sergiu Gidei for your trust, support, and dedication! What does this mean for Fagura? This funding is a major step toward building a digital financial ecosystem that empowers freelancers and small entrepreneurs with instant access to capital and tailored resources for business growth. We are committed to this vision and, in 2025, plan to establish partnerships with e-commerce platforms, accounting firms, and other digital solutions that can be integrated into our ecosystem to bring added value to freelancers and entrepreneurs. If you’re working on such a solution or know someone who is, let’s connect! Feel free to send me a message, and let’s explore how we can collaborate. This milestone has also earned us a spot on the front page of Ziarul Financiar! Thank you, Adrian S., for your support in sharing our story. This is just the beginning. Stay tuned as we continue to innovate, scale Fagura to the next level, and create value for at least 1 million freelancers and micro-entrepreneurs. 🌍 #Fagura #FundingNews #Fintech #Entrepreneurs #Innovation

In an increasingly globalized world, the concept of offshore business services has gained traction among entrepreneurs, startups, and established companies alike. Whether you’re looking to expand your business, optimize operational costs, or benefit from favorable tax regimes, offshore business services offer a strategic avenue to achieve these goals. This blog explores the various aspects of offshore business services and how they can be a game-changer for businesses looking to expand their horizons. https://lnkd.in/dm9NXfDq #uae #offshore #business #dubai #goals #global #market

New Op-Ed: "Unverzichtbarer Hebel für das Wachstum von Start-ups" by Mariam Koorang in VentureCapital Magazin! Germany is known for its innovation and economic strength, but there’s still untapped potential in our startup ecosystem—especially when it comes to #fremdkapital. In her latest piece, our Head of Germany, Mariam Koorang, explores why German startups are underutilizing this new and powerful tool and how they can learn from the US and the UK, where non-dilutive financing is already a common practice. She breaks down: ↗ Why loans can be a smarter, non-dilutive financing option for founders. ↗ The role of banks and lenders in modernizing their approach to help fuel startup growth. ↗ How Germany can unlock new growth avenues by closing the education gap around loan financing. German speakers, read the full article to dive deeper into Mariam's insights–see link in comments.

Looking to cut costs and boost your business? From limiting energy consumption to seeking tax relief, there are several ways you can save. Find out more here: https://bit.ly/4cefusI #BusinessAdvice #CutCosts #Startup

Breaking Chains: Startups Free from Angel Tax! In a groundbreaking move, the recent budget announcement has given the startup ecosystem a significant boost by abolishing the angel tax that was previously levied on startup investments. This pivotal change is set to unleash a new era of innovation and entrepreneurial spirit across the nation.  The Big News The angel tax, long considered a stumbling block for early-stage startups, often placed an undue financial strain on budding entrepreneurs by taxing the funds received from angel investors at a high rate. The removal of this tax means startups can now channel more resources into growth and development rather than tax mitigation strategies. What This Means for Startups Increased Investments: With the barrier of the angel tax removed, we can anticipate an increase in angel investments. Investors are more likely to back new ventures when their contributions aren’t penalized by heavy taxes, promising more capital in the startup ecosystem. Fostering Innovation: More funds mean more room for innovation. Startups can now afford to take greater risks, experiment with new ideas, and innovate without the looming worry of financial constraints imposed by taxes. Accelerated Growth: Startups can grow at an accelerated pace with increased funding. This means quicker scale-up, faster go-to-market times, and the ability to compete on larger platforms much earlier in their lifecycle. Attracting Global Interest: This move not only benefits local startups but also positions India as an attractive destination for international investors looking at promising markets. As a startup founder, the abolition of the angel tax is not just a financial relief but a moral booster. It underscores the government's commitment to fostering a thriving startup culture and acknowledges the role of innovation in driving economic growth. This decision empowers us to dream bigger, scale faster, and innovate more freely. The future looks promising, and as leaders in this vibrant ecosystem, we have every reason to be optimistic. Let’s leverage this new advantage to its fullest, ensuring that our startups not only succeed but also set new benchmarks in innovation and entrepreneurship. "Here’s to turning possibilities into realities—without the tax burden!" #StartupIndia #Innovation #Entrepreneurship #AngelTax #BusinessGrowth