Accelerators and incubators can invest in your startup with expertise, network and, depending on a program, seed capital. Brussels has a wide variety of accelerators and incubators, including ICAB, EEBIC, EYnovation, and [email protected]. Find more accelerators and incubators on the startups.be website.
angel.me is a crowdfunding platform to finance creativity and entrepreneurs.
Several business banks in Belgium provide regular loans to SME’s. This can also be the bank where you have your regular bank account. These are the main banks in the Netherlands:
A tax shelter for start-ups encourages individuals to invest in equity in “start-ups” which are basically defined as small companies of less than four years old.
In return of such direct investment, the investor is granted with a tax relief (reduction and not deduction) on his personal income tax which equals 30% or 45% of his investment. The applicable rate depends on the size of a start-up, 30% for SME’s and 45% for “very small enterprises”.
The Act of 10 August 2015 also provided for the possibility to benefit from the tax relief for indirect investments via a crowdfunding platform, a funding vehicle or a start-up fund. However, for indirect investment the tax relief is then capped to 30%, including for investments realized in a “very small enterprise”.
The Act of 10 August 2015 did not set forth the conditions and formalities required for crowdfunding platforms, funding vehicles and start-up funds to operate. Hence, a new intervention of the Parliament was necessary.
The legislation adopted on the 15th of December in 2016 defines now these conditions and formalities.
More info here.
After the entry into force of this new legislation, an individual will be able to invest in a start-up and benefit from the tax relief by opting to one of the four following possibilities:
A company may allow its investors to benefit from the measure up to a maximum of EUR 250,000 (cap at the level of the start-up) and any individual may benefit from such advantage up to EUR 100,000 per year (cap at the level of the investor).
However, in order to offer the benefit of the tax relief to its investors, the start-up has to respect conditions:
Furthermore, the investor should keep the shares which he holds in the start-up’s share capital for at least four years, except in case of decease.