What are my obligations once the Start-Up Nation project ends?
Once you receive the non-repayable grant, the project enters a 3-year monitoring period, during which you must comply with several important obligations set forth in the grant agreement:
- Do not sell or repurpose the goods purchased through the program, and keep them in working order;
- to maintain the minimum number of jobs created by the project;
- do not sell more than 49% of the company’s shares or equity interests.
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