Advice for starting a business

pre-approves a lot of grant aid in advance

Although, gone are the days when you'd get this cash up front. These days, you'll have to spend the money before you get any money back (in the form of grant aid), and usually you'll get maybe half back. So to get €5k, you first have to spend €10k.

I suppose this policy stops people abusing the system. Unfortunately, it does nothing for the company that doesn't have funds to start with.
 
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