What role can tax incentives for venture capital and business angels play in fostering investment?

Tax incentives have become an increasingly important part of the investment and innovation policy mix in the EU and beyond. The study "Effectiveness of tax incentives for venture capital and business angels to foster the investment of SMEs and start-ups" investigates the part that tax incentives for venture capital and business angels can play in fostering investment, with the intention of promoting the diffusion of best practice across Member States. The study is an action of the Capital Markets Union project that aims to strengthen the single market by deepening the integration of investment across the European Union. Improved access to finance is a key component of this project, in particular for start-ups, SMEs, and young companies with innovative growth plans.

CASE's experts: Krzysztof Glowacki, Balazs Laki and Bartosz Radzikowski contributed to the project by analyzing 13 Member States in detail and helping to design the benchmarking methodology for the study.

Read the report on the European Commission's website

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