New ways in start-up financing in Switzerland

Person who wrote the post admin Oct 27, 2017
Post image

The Crowd4Cash team had the pleasure and honor of personally attending a speech by Federal Councilor Schneider-Ammann this week. In it, he once again underlined Switzerland's innovative power, but at the same time warned against losing its status as the most innovative country. Switzerland has been leading the Global Innovation Index for seven years, including in 2017.
 
Swiss startups are important employers in Switzerland. Thus, the start-ups create an average of 20,000 jobs in the year of foundation. Over the past 5 years, 350,000 jobs have been created by start-ups. Thus, this segment is an important pillar of the Swiss economy. Nevertheless, in 2015 only about 30% of the risk capital for these companies was financed from Switzerland. 70% of the capital came from abroad mainly from Great Britain, the USA, France and the Netherlands (1).
Particularly large capital rounds of CHF 2-3 million are difficult to achieve in Switzerland. Federal Councilor Schneider-Ammann would like to counteract this with a start-up fund of CHF 500 million. CHF 300 million has already been secured by banks, insurance companies and other organizations. 2018 is the start of the fund.
 
In the context of Crowd Solutions' ongoing capital round to ensure continued growth, we know how difficult and time-consuming it is to raise funds. As an innovative FinTech startup, Crowd Solutions welcomes any initiative that facilitates the financing of young companies. We believe that this is the right way to further strengthen exciting young companies and innovation in Switzerland. We thank Federal Councilor Schneider-Ammann for promoting this great initiative!
Crowd4Cash.ch as the platform of Crowd Solutions brings together investors and borrowers. Investors can invest directly in credit-tested consumer and SME loans through Crowdlending, achieving an average annual return of 5-6%.

(1) Die Volkswirtschaft 1–2 / 2017