The Oceania Times

Top Menu

  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

Main Menu

  • Australian Economy
  • Brokers
  • Commodities
  • Currencies
  • Financial Market
  • Gold and Precious Metals
  • Investment
  • Stock Shares
  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

logo

The Oceania Times

  • Australian Economy
  • Brokers
  • Commodities
  • Currencies
  • Financial Market
  • Gold and Precious Metals
  • Investment
  • Stock Shares
  • Big-game Sindhu makes light of Li, adds CWG gold to her collection

  • RAND CAPITAL CORP Management’s Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q)

  • Multibagger small-cap stock fixes record date for dividend, takes yield to 3.05%

  • World shares recover after U.S. jobs report sell-off

  • Sisi gives directives to expand distributing subsidized food commodities via army, police, supply outlets: Qabbaj

Investment
Home›Investment›Germany aims for 30 bln eur investment in new start-up strategy

Germany aims for 30 bln eur investment in new start-up strategy

By Megan
June 3, 2022
16
0
Share:

The German national flag flies in front of the Reichstag building, the seat of the lower house of the parliament Bundestag, in Berlin, Germany, April 5, 2022. REUTERS/Lisi Niesner

Register now for FREE unlimited access to Reuters.com

BERLIN, June 3 (Reuters) – Germany’s economy ministry has drawn up plans to foster the start-up scene in Europe’s largest economy with a batch of measures including an injection of public funds and steps to prod pension funds to invest in venture capital.

The ministry, which wants the cabinet to adopt the plans in the summer, outlined its strategy in a 28-page document which included provisions to bolster start-up funding with 10 billion euros ($10.75 billion) in new public funding through to 2030.

“Together with private investors, it (the government) wants to mobilise up to 30 billion euros in private and public capital for Germany as a VC location,” the ministry added in the draft, with reference to venture capital (VC).

Register now for FREE unlimited access to Reuters.com

The government would aim to attract investment capital to Germany by granting venture capital funds sales tax exemptions. The plans also envisage a minimum investment quota for public and private pension schemes in venture capital funds.

“These young companies are the drivers of economic dynamism and renewal,” the ministry said of start-ups, adding that they are “important for further development and long-term competitiveness of our economy.”

($1 = 0.9300 euros)

Register now for FREE unlimited access to Reuters.com

Writing by Paul Carrel, editing by Rachel More

Our Standards: The Thomson Reuters Trust Principles.

Source link

TagsBISVBISV08CEEUCINVDBTDEECONEF:MARKETS-MACROMATTERSEUROPEZCFINFINSFINS08FUNDGENGFINGVDINVBISINVMINVS08INVT08MCEPFUNDPOLPVEPVE08VENCAPWEU
Previous Article

Indonesia likely to continue its ‘commodity protectionism’ ...

Next Article

US president Joe Biden hits back at ...

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

Megan

Related articles More from author

  • Financial Market

    China’s draft cybersecurity rules pose risks for financial firms, lobby group warns

    June 2, 2022
    By Megan
  • Financial Market

    Hot inflation fuels bets on super-sized July Fed rate hike

    July 13, 2022
    By Megan
  • Gold and Precious Metals

    Greenlight’s Einhorn sees gold going ‘higher, perhaps much higher’

    June 9, 2022
    By Megan
  • Stock Shares

    Asian stocks lose gains made on shorter China quarantine as recession fears persist

    June 29, 2022
    By Megan
  • Investment

    Samsung to invest $356 bln over five years in strategic sectors

    May 24, 2022
    By Megan
  • Stock Shares

    Asian stocks track global shares lower, U.S. CPI in focus

    June 10, 2022
    By Megan

Leave a reply Cancel reply

You may interested

  • Financial Market

    Trade Finance Market- increasing demand with Industry Professionals – This Is Ardee

  • Financial Market

    Foran Financial Group Shares Insights to Bear Market Retirement

  • Stock Shares

    Why is the Nanosonics share price sinking?

  • LATEST REVIEWS

  • TOP REVIEWS

Timeline

  • August 8, 2022

    Big-game Sindhu makes light of Li, adds CWG gold to her collection

  • August 8, 2022

    RAND CAPITAL CORP Management’s Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q)

  • August 8, 2022

    Multibagger small-cap stock fixes record date for dividend, takes yield to 3.05%

  • August 8, 2022

    World shares recover after U.S. jobs report sell-off

  • August 8, 2022

    Sisi gives directives to expand distributing subsidized food commodities via army, police, supply outlets: Qabbaj

Best Reviews

Latest News

Gold and Precious Metals

Big-game Sindhu makes light of Li, adds CWG gold to her collection

Sindhu walked in with blue strapping on her left ankle and walked out with a gold medal around her neck. She has won so much already in her career – ...
  • RAND CAPITAL CORP Management’s Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q)

    By Megan
    August 8, 2022
  • Multibagger small-cap stock fixes record date for dividend, takes yield to 3.05%

    By Megan
    August 8, 2022
  • World shares recover after U.S. jobs report sell-off

    By Megan
    August 8, 2022
  • Sisi gives directives to expand distributing subsidized food commodities via army, police, supply outlets: Qabbaj

    By Megan
    August 8, 2022
  • Recent

  • Popular

  • Comments

  • Big-game Sindhu makes light of Li, adds CWG gold to her collection

    By Megan
    August 8, 2022
  • RAND CAPITAL CORP Management’s Discussion and Analysis of Financial Condition and Results of Operations (form ...

    By Megan
    August 8, 2022
  • Multibagger small-cap stock fixes record date for dividend, takes yield to 3.05%

    By Megan
    August 8, 2022
  • World shares recover after U.S. jobs report sell-off

    By Megan
    August 8, 2022
  • Big-game Sindhu makes light of Li, adds CWG gold to her collection

    By Megan
    August 8, 2022
  • Australian economy survived Covid better than most but recovery could slow, OECD says | Australian ...

    By Megan
    September 14, 2021
  • The Best Online Brokers, According to 5 Financial Experts

    By Megan
    September 14, 2021
  • Is Disaster Looming for Australia’s Economy?

    By Megan
    September 29, 2021

Trending News

  • Gold and Precious Metals

    Big-game Sindhu makes light of Li, adds CWG gold to her collection

    Sindhu walked in with blue strapping on her left ankle and walked out with a gold medal around her neck. She has won so much already in her career – ...
  • Financial Market

    RAND CAPITAL CORP Management’s Discussion and Analysis of Financial Condition and Results of Operations (form ...

    You should read the following discussion and analysis of our financial condition and results of operations in conjunction with the consolidated financial statements and related notes included elsewhere in this ...
  • Stock Shares

    Multibagger small-cap stock fixes record date for dividend, takes yield to 3.05%

    With a market valuation of ₹877.22 crore, Tamilnadu Petroproducts Ltd. is a small-cap company that engages in the chemicals industry. The company manufactures such as Caustic Soda, Chlorine & Derivatives, ...
  • Stock Shares

    World shares recover after U.S. jobs report sell-off

    Euro STOXX gains 0.8% Wall Street set to gain Markets narrow odds on 75 bp hike ahead of U.S. CPI Dollar falls Oil down after earlier gains LONDON, Aug 8 ...
  • Commodities

    Sisi gives directives to expand distributing subsidized food commodities via army, police, supply outlets: Qabbaj

    A worker sells subsidized food commodities at a government-run supermarket in Cairo, Egypt, February 14, 2016. REUTERS/Mohamed Abd El Ghany Minister of Social Solidarity Nevin Qabbaj said on Wednesday that ...
  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© Copyright The Oceania Times. All rights reserved.

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.