Bills to finance start ups, facilitate registration on the works

Source: Buenos Aires Herald
10.11.2016

Both President Mauricio Macri’s government and entrepreneur associations are pushing in Congress for a series of new bills to be passed which they think will boost the private sector’s possibilities to create new businesses and become more competitive at home and abroad.

During a recent presentation at the Tecnopolis showgrounds, Macri, with Entrepreneurs and Small- and Medium-Sized Businesses Secretary Mariano Mayer, called for the approval of a legislative package including credit, training and simplified regulations for nascent firms.

The government is also looking to create 10 funds to raise capital during the next four years to finance new business projects, as part of a programme inspired by Israel’s state-sponsored startups, among others (Chile also has similar schemes).

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