As a start up you are always busy in arranging funding for your start up, continuously aiming at multiple national and international grants. Learn how to avoid the most common pitfalls in your governmental grant management to reap substantial benefits for your venture.
In the equity markets, the major biotech indices have outperformed almost every sector and hit all-time highs in 2020. However, biotech is more than just a pandemic story. The investment case for biotechnology and healthcare is underpinned by scientific advances and demographic factors.
For an entrepreneur capitalization tables (“cap tables”) are amongst the most important documents to understand. A cap table lays out who the shareholders are in a company and how many shares they own.
With an estimated 800 million users, Excel is one of the most used applications worldwide. In effect it is the #1 platform for analyzing data, finding information, preparing charts and presenting them to stakeholders.
Translators between data/finance and operations, commercial, strategic, anticipating the business needs, future thinking yet logical minded, actively influence, good communicator, can see the possibilities in the numbers…
Due to the coronavirus, you may have less or no work for your employees. As result, you will have less turnover or other income (e.g. subsidy income). You can claim NOW subsidy for a substantial compensation of your employees’ wages. In this way, you can continue to pay employees with permanent and temporary contracts. The Employee Insurance Agency (UWV) will provide an 80% advance.
A hard condition of EU projects and most nationally funded subsidy projects (includng WSBO projects) is that all staff costs must be backed up by a reliable time recording system. If this condition is not met, the funding party may reject the claimed staff costs, resulting in a repayment of the subsidy. We consider it our job to help our clients avoid such non-compliance.
A start-up venture is always (pro) active in funding and tapping into new sources. Lately two new governmental funding sources have become available to Dutch-based ventures. Below a brief outline on how to use the two sources, whether it is possible to use them simultaneously and/or separated and for which purposes.
When you start the quest for your next capital raise, creating a viable list of prospects is one of the first things to do before hitting the road. This post will provide you with some basic advice on how to get this going.