Hacker News new | ask | show | jobs
by chvid 2847 days ago
Why is this an eu sponsored (?) project?
1 comments

Seems to be specific for the Sachsen region (a state in Germany) to reduce unemployment. I see they offer 20k Euro (to be paid back) for new businesses, also money for starting a secondary education (50%) and re-joining the workforce after long unemployment (funds partly reimburses employers). http://strukturfonds.sachsen.de/esf.html

To incorporate a GmbH company (which is similar to an Inc or Limited) you need 25k Euro in Germany.