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Tax beneficial funding opportunities for angel-ettes

Tax benefit for funding start-ups for those who invest under £10,000

Photo of Amy Bonsall
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Governments are (very slowly) starting to encourage early investment in start-ups. What if they did it in a way that made investing in start-ups within reach for those who have less to invest? 

Imagine an indiegogo where you contribute up to €10,000 and can offset a portion of that against your taxes. 

How will your concept support web entrepreneurship?

Further encourages investment in start-ups by providing a financial benefit.

What kinds of resources will be needed to get this concept off the ground and scale it?

Legislation change Could work with current crowdfunding sites (e.g., http://www.seedrs.com/ in the UK)

How could we get started?

Identify countries most open to changing legislation Work to educate people on what it means to invest in start-ups - the upsides and the risks

Evaluation results

13 evaluations so far

1. How well does this concept address a significant pain point felt by European web start-ups?

This is a major pain point for European start-ups - 69.2%

This is a "nice to have" but not a serious pain point - 23.1%

I really don't know - 7.7%

2. How novel do you think the concept is?

Never seen it before - very novel! - 46.2%

This is common in some places but not in many parts of Europe - 23.1%

This is not novel but a good iteration - 30.8%

There are already other solutions out there that address this problem - 0%

3. How easy is this concept to implement and maintain?

It could be implemented quickly and easily maintained - 25%

It could be implemented quickly but will require regular updates to ensure it is accurate and relevant - 8.3%

It is a big undertaking and would need a lot of support and cooperation from people and organisations to make it happen and to maintain it - 66.7%

4. What type of organisation is best placed to take this forward?

The European Commission should own this one - 23.1%

This belongs with member state governments (e.g., the UK, Belgium, etc) - 69.2%

This is best being owned by a private company - 0%

This feels like a non-profit - 0%

This is a start-up itself! - 7.7%

5. Overall, how do you feel about this concept?

It rocked my world! - 30.8%

I liked it but preferred others - 61.5%

It didn’t get me overly excited - 7.7%

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Photo of Edmund Ng

This is definitely an idea that can be implemented. Already, governments are giving tax subsidies when you donate to charities. This definitely has the potential to go far.


Edmund Ng
http://www.ceoconnectz.com

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