Live EMS Wektawi Fri 22 July 2022

The Ministry of Technology and Innovation has announced that the new Startup Bill will help financially support people who have a new business.

Salamaihun Adefris, the Director of Innovation Development and Research at the Ministry, told ABC Cyber   Media that the new Startup Bill.

which was prepared by the Ministry and was discussed and consulted by various stakeholders, has been sent to the Council of Ministers and the results are being awaited.

The official mentioned that there is no right to directly finance a person who is innovative in the current system.

He said that the new startup bill will open a big door to directly support creative people financially or help them in other ways.

According to the decree, it contains a legal and procedural framework that enables people with creative work to get financial support.

technical assistance, tax-free import conditions and other basic support that enhances their creativity.

They stated that their creations will be evaluated according to the comparison criteria and compete with others.

and the creations whose importance is believed and which can bring real change will receive financial and other related support.

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