One of the main points of VC funding is that it is easy to get... compared to state funding.
An early stage venture ain't developing anything if they are busy filling government paperwork and optimizing taxes. They should be busy using their resources for growth and creation, not busy trying to protect their resources from the government.
The schemes for tax avoidance in France are very complex, as much as the schemes to get government help [for a company], and they can totally backfire if there is anything misdone or an unexpected change in government.
The economic system is anti-startup and pro-big companies. That's why there are very few SME in France.
You're right about the system being tailored toward Big Co.
Yet I've seen SME managing to get subsidies. There are tricks and shortcut. Networking is key here to find out about them.
I've seen a lot of startups joining up to have access to bigger founds they would have had alone. It also split the bureaucracy burden as it is in everyone interest to succeed so paperwork is mutualised.
One of the main points of VC funding is that it is easy to get... compared to state funding.
An early stage venture ain't developing anything if they are busy filling government paperwork and optimizing taxes. They should be busy using their resources for growth and creation, not busy trying to protect their resources from the government.
The schemes for tax avoidance in France are very complex, as much as the schemes to get government help [for a company], and they can totally backfire if there is anything misdone or an unexpected change in government.
The economic system is anti-startup and pro-big companies. That's why there are very few SME in France.