R.S.O.L.
Room for the Study Of Loneliness : space for contemporary art
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Let's be clear: a subsidy is nothing more than an incentive for companies to conduct their business in a way that is consistent with the policies of our democratically elected governments. In short: with subsidies, governments get things done that they would not, or to a lesser extent, get done without providing subsidies.
In addition, it is essential that an entrepreneur does not see the acquisition of subsidies as an end in itself. Subsidy is and always will be a means to (better) achieve the business goals.
Subsidy is not free money
A grant is based on a disposal. This is a contract with rights and obligations to which the subsidy recipient is bound. A common obligation is to communicate the results of the project after it has been completed. The purpose of this is to promote knowledge sharing and thus accelerate certain innovations in a sector.
In addition, it is essential that an entrepreneur does not see the acquisition of subsidies as an end in itself. Subsidy is and always will be a means to (better) achieve the business goals.
Subsidy is not free money
A grant is based on a disposal. This is a contract with rights and obligations to which the subsidy recipient is bound. A common obligation is to communicate the results of the project after it has been completed. The purpose of this is to promote knowledge sharing and thus accelerate certain innovations in a sector.
It is sometimes said that a subsidy is 'free' money. This is then substantiated with the arguments that you'd already keep a project administration, write hours and have your reports in order. Of course, this is not the case. Be well aware that investigating the subsidy possibilities, the application and the administrative control cost time and therefore money.
Any additional questions from the subsidy provider, subsequent checks or required interim and/or final reports also cost extra time. None of this is without obligation, which is logical: when you borrow money from a bank, informal investor or via crowdfunding, requirements are also imposed.
Any additional questions from the subsidy provider, subsequent checks or required interim and/or final reports also cost extra time. None of this is without obligation, which is logical: when you borrow money from a bank, informal investor or via crowdfunding, requirements are also imposed.