The Business Competition Act (Inter): Difference between revisions
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m (Amend from Hiring Subsidies and SME Loans Act 651 Article 2) |
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==Article 2 - Entrepreneurial Aide Agency== |
==Article 2 - Entrepreneurial Aide Agency== |
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:2.1 - Creates the Better Business Council [BBC] |
:2.1 - Creates the Better Business Council [BBC] |
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::2.1.1 - Authorizes Government loans for |
::2.1.1 - Authorizes Government loans for medium businesses, with a threshold of 5,000,000 florins annual income in the last financial year. |
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::2.1.2 - Authorizes Government loans for |
::2.1.2 - Authorizes Government loans for small businesses, with a threshold of 1,000,000 florins annual income in the last financial year. |
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::2.1.3 - Authorizes Government loans for start-up or micro businesses with less than 100,000 florins of starting capital. |
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::2.1.3 - Enacts Small Business Grants |
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:2.2 - Funds ₣43,000,000 quarterly to the Ministry of Commerce for the administration of the BBC |
:2.2 - Funds ₣43,000,000 quarterly to the Ministry of Commerce for the administration of the BBC |
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:2.3 - Funds ₣782,000,000 quarterly to the Better Business Council for government grants. |
:2.3 - Funds ₣782,000,000 quarterly to the Better Business Council for government grants. |