2 MARCO TEÓRICO
2.16 ENTORNO GRAFICO LABVIEW
2.16.2 MANEJO Y APLICACIÓN DEL SISTEMA LABVIEW
2.16.2.2 DIAGRAMA DE BLOQUES
The UK government’s Seed Enterprise Investment Scheme (SEIS) is designed to help startups to raise capital by providing a tax incentive to angel investors. The SEIS provides tax relief to investors who invest up to A$185,000 a year in qualifying shares and claim 50% of the cost against income tax.228
The SEIS was launched in April 2012 with a stated objective to "stimulate entrepreneurship and kick start the economy."229 Since launching the SEIS program has placed over A$165 million into
1,100 startups.230
Tax relief is also available to investors in later stage companies via the UK government’s Enterprise Investment Scheme (EIS) which reduces investors’ income tax liability by 30% of the amount invested.231
US
Twenty seven US states offer tax relief to angel investors,232 ranging from a 10% tax rebate in New
Jersey to a 60% rebate in Maine and Oregon.233
These state-‐based incentive schemes are widely credited with having had a positive impact on the level of angel activity across the US, particularly in those states which have not historically had a vibrant angel investment sector.
Singapore
The Singapore government introduced the Angel Investors Tax Deduction Scheme in 2010. Its stated goal is to encourage more investors to support startups by providing a 50% capital gains exemption for angel investors. Through the scheme, the Singapore government hopes to catalyse A$550 million of angel investments in Singapore over the next five years.234
227 http://grattan.edu.au/publications/news-and-opinion/post/generous-investor-tax-breaks-contributing-to- unequal-housing-market/ 228 https://www.gov.uk/seed-enterprise-investment-scheme 229 http://www.seis.co.uk 230 http://www.seis.co.uk/seis-finds-appeal-stretching/ 231 http://www.seis.co.uk/enterprise-investment-scheme/ 232 http://www.angelcapitalassociation.org/public-policy/existing-state-policy/ 233 http://www.angelresourceinstitute.org/resource- center/~/media/ARI/Files/Non%20Research/ARI%20Overview%20State%20Angel%20Tax%20Credit%202010. pdf 234 http://www.world-entrepreneurship-forum.com/Do-Tank/Members-Initiatives/Encouraging-Entrepreneurial- Venturing-in-Youths2
Tax incentives are also provided for startups via a tax exemption on the first S$100,000 of income.235
France
The French government offers a 25% tax deduction on angel investment plus a 75% wealth tax reduction.
Germany
The German government is currently considering committing A$230m to provide angel investment rebates equivalent to 20% of amount invested, over the period 2014-‐2016.236,237
Israel
The Israeli government allows angel investors to recognise startup investments as losses in the year of the investment. This effectively provides a tax break for those who have capital gains in other businesses or startups.
Action 6.3 – Expand the funding available to the Entrepreneurs Infrastructure Program
The government’s decision to abolish the Commercialisation Australia program in the 2014 budget was of great concern to StartupAUS and the Australian startup community.After an extended period of uncertainty the government relaunched elements of the Commercialisation Australia program as the Accelerating Commercialisation stream of the new Entrepreneurs Infrastructure Program.
Although the Accelerating Commercialisation stream provides much-‐needed grants and advice to entrepreneurs, it is currently operating with around half as much funding as its predecessor. StartupAUS prepared a submission as part of the government’s consultation process for the Entrepreneurs Infrastructure Program, and noted that the reduction in funding is likely to further accelerate the existing trend for Australian startups to relocate to other countries in search of more favourable funding environments.
StartupAUS encourages the government to provide increased funding for the Accelerating Commercialisation stream of the EIP to allow it to more effectively accelerate the growth of Australian startups.
235 http://www.enterpriseone.gov.sg/Government%20Assistance/Tax%20Incentives/Start- Ups/gp_iras_startup.aspx 236 http://venturevillage.eu/german-government-angel-fund 237 http://venturevillage.eu/german-government-boost-angel-investments-by-providing-20-per-cent-of- funding-amount
Action 6.4 – Establish a young entrepreneurs startup loans scheme
A startup loans scheme would provide financial support to first-‐time entrepreneurs under the age of thirty. The program would provide pre-‐seed capital of up to $50,000 to entrepreneurs who can demonstrate the beginnings of a viable tech startup and a commitment to pursuing it, and should be based on successful international models such as the UK government's Startup Loans program. The program would be aimed at entrepreneurs who are not yet ready to raise significant capital from angel investors and would therefore not qualify for support from the Seed Co-‐Investment Fund. The only program in Australia that currently addresses this pre-‐seed funding gap is the $3.75m Minimum Viable Product (MVP) grants that form part of the Innovate New South Wales238 grants
package. The MVP grants provide early stage funding of up to $15,000 for around 250 digital startups to build and market test early iterations of their product.
International benchmarks
UKThe Startup Loans scheme239 was established in 2012 by the UK government to provide seed
capital and mentoring to early stage businesses. In 2014 Prime Minister David Cameron announced further funding of A$57m, taking the total program funding to A$285 million. Loans totalling A$255 million have been awarded to 25,300 businesses since the program commenced. China
The Chinese government recently announced240 that it will create a National Venture Capital Fund,
an A$8.3 billion seed-‐stage fund to invest in startups as part of the country’s efforts to grow its startup sector and overcome lack of early stage funding.
Ireland
The Competitive Start Fund241 is an Irish government initiative to accelerate the growth of startup companies by directly investing up to A$77,000 for a 10% equity stake. There is no requirement for co-‐investment and the program funds early stage startups only. Funded companies receive access to a startup mentor. Over 200 companies have been funded since the program launched in 2011. Finland
Tekes242 is the Finnish government’s funding agency for technology and innovation. It provides
grants to startups to match angel and VC investments on a 2:1 basis. Total funding of A$875 million has been provided, A$200 million of which has been as grants to 680 startups.243
Taiwan
Taiwan’s National Youth Commission is a government-‐funded agency tasked with supporting young entrepreneurs via concessional loans and business advice delivered by a network of 140 entrepreneurial mentors. It currently provides loans totalling A$77 million to around 2,500 young entrepreneurs per year.244