funding
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Legal support for start-ups under the PARP programme: 2022 call for applications
The Polish Agency for Enterprise Development has announced a call under which start-ups can apply for funding for legal support. The project aims to provide legal assistance to young businesses entering into relationships with investors and business partners. The programme is funded from the state budget.
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Pitfalls in PFR financial subsidy agreements
Under § 9(1) of the subsidy agreement, the business must provide the bank, no later than 31 December 2020, with documents confirming that the person who accepted the agreement and expressed the intention to conclude it on…
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Anti-Crisis Shield: questions and answers (3/3)
The Anti-Crisis Shield provides for wage subsidies through two alternative forms of support specifically designed for that purpose.
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Anti-Crisis Shield: questions and answers (2/3)
The legislature has not made exemption from all or part of social security contributions conditional on a decline in business turnover. This also applies to employers registering between 10 and 49 employees for insurance.
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Anti-Crisis Shield: questions and answers (1/3)
The Anti-Crisis Shield generally makes the following forms of assistance available:
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SAFE: start-up financing and future share subscriptions
A SAFE funds a company ahead of a future equity round. The agreement version, conversion terms, treatment of other settlement events and dilution all matter.
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Why does a VC fund refuse financing?
A refusal to fund a project does not necessarily mean it is weak. The fund’s strategy, the company’s stage of development and its potential for growth all matter.