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MIL OSI Translation. Region: Germany / Germany –

Source: CDU, CSU,

04/30/2020

Special program the right step

Today, the Federal Ministry for economic Affairs and the Federal Ministry of Finance have explained the special programme for start-UPS ready to go. In addition to the existing programs, young companies should be supported with measures in the amount of two billion euros to avoid liquidity constraints. For this purpose, the Deputy Chairman of the CDU/CSU group in the Bundestag to explain, Nadine Beautiful, and the digital policy spokesman of the CDU/CSU group in the Bundestag, Tankred Schipanski:

Nice: “Two billion euros to the rescue of young and innovative companies – finally, the announced special program. The funds can be accessed in the near future. This is enormously important and a very good message. Startups are the engine for our technical and economic progress. You need a perspective and opportunities for growth. Therefore, Startups must be in the case of liquidity shortages helped. Founders often have no Chance to get a normal Bank loan, because you can’t meet the test criteria. Even more important is that – in addition to the already adopted measures, such as immediately Hilden for small enterprises – the special program in the industry specifically. It comes to our innovative future. Therefore, the future Fund will have to come quickly now

Schipanski: “Especially in difficult economic times, we need to ensure that young, digital, and innovative start-UPS can pursue their ideas and developments further ahead. Because Startups create the prosperity of tomorrow. Therefore, it is high time that the Federal government is now, finally, the announced special program on the way. Young founders may not be brakes at excellent business models as a result of liquidity bottlenecks out. Rather, we must allow them, an already-established growth rates to continue. Therefore, the current package of measures is already a very good news for Innovation and the future. But also the entire future Fund, with its planned volume of EUR 10 billion, we will continue to keep in view!“

MIL OSI

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure need be perfect.

MIL Translation OSI