Yet another report – to no avail

Yet another report – to no avail

The current Swedish government supposedly prioritizes support for small companies.  They made election promises about how they would create conditions for stimulating the flow of private investment to smaller enterprises through various tax incentives. According to Dagens Nyheter, Sweden’s largest newspaper, yet another investigation in this area has been completed. And guess what? The Ministry of Finance just realized that in order to offer tax deductions to venture capitalists, they’d have to compensate for loss of income through increases somewhere else. Of course, I’m not a brilliant financial expert, but it appears to me that a scheme deliberately designed to support the development of new enterprises, which will ulitimatly grow and create jobs and stimulate economic activity, is a darn good deal for the country.  But of course, that’s only if you think longterm and not just as far as next year’s election.

On a more positive note – We recently completed the selection of this year’s Climate Solvers. 7 technologies with the combined potential to reduce emissions by 600 million tons/year by 2020 will be profiled here tomorrow. Exciting new solutions with the potential to radically reduce CO2 emissions here and abroad - given the right conditions for entrepreneursip.

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