One of the most important days of the startup year, Prinsjesdag (EN: Little Prince Day), is on the agenda next week. On this day, which is always the third Tuesday of September, the government will be presenting their next year’s government policies and the Miljoenennota, the national budget. These matters are crucial for every tax-paying citizen, but even more crucial for startups and founders.
The provisional State budget which will be presented on Prinsjesdag concerns plans and regulation regarding purchasing power, the workforce, economic growth, legislation regarding stocks, tax rates and economic growth and innovation schemes. These issues are especially of importance for startups, as they serve as the job engine of the future economy and therefore, ought to be aware of these matters.
Agenda openings: startup lobby
As previously stated, The Miljoenennota is only a tentative budget of the state, which can still be discussed among government parties. It is, therefore, a way in to political lobbying for startups. Hence, Dutch Startup Association encourages startups and founders to watch the livestream of Prinsjesdag and to involve DSA if they are being restricted due to the implementation of the discussed policies. Last year, DSA managed to pitch a more attractive tax rate when selling stocks and the reintroduction of the Tante Agaath scheme (EN: Aunt Agaath scheme). In addition, DSA insists on the development of an assertive policy regarding innovation. During the corona crisis, it appeared that many startups were excluded from the COL and NOW aid packages, to which DSA voiced the concerns of Dutch startups to the authorities. Consequently, this allowed DSA to have an open conversation about these matters with the state secretary Mona Keijzer of the Ministry of Economic Affairs and Climate.
Prinsjesdag Virtual Viewing
To make Prinsjesdag more attractive for startups and founders, DSA will be hosting an online viewing event, in which everyone can jointly follow the Prinsjesdag livestream and have the opportunity to ask questions about matters. In short, this is a very useful mid-day break! If you are interested in joining, please sign up here. On Wednesday, Pieter Veldhuizen, who is responsible for the public affairs, will share a summary of the most important points made and answer related questions. Every year, DSA will be taking a position regarding the policies and its consequences for startups after the announcement of the Miljoenennota.