The Startup Act 2.0 project will debut in Tunisia. An updated version of the Startup Act project that offers more ways to emphasize the startup environment.
A few months ago, the Ministry of Communication Technologies, the Ministry of Economy, the Ministry of Vocational Training and Employment, the Ministry of Education and Scientific Research, startups, and parts of civil society started discussing the Startup Act 2.0. The goal is to “renegotiate” the Startup Act passed in 2018. Everything in the context of a vision for 2035 and the move to the information economy.
Wissem El Mekki, Director of the Digital Economy at the Ministry of Communication Technologies and the Digital Economy, thinks that a startup needs more help than a small or medium-sized business because their business models differ.
It’s important to remember that the first version of the Startup Act made it possible to show how the innovation ecosystem, with its many different projects, could sometimes be inefficient. Over time, this project has made the ecosystem’s strengths and weaknesses clear.
In keeping with the spirit and collaborative approach of the first Startup Act, V2 will highlight the initiative of startups. This will allow the same spirit and collaborative approach to be kept.
In a statement, Wissem El Mekki confirms that their main job is to show that innovative entrepreneurship needs new laws that are geared toward young people. They also need to change the investment law to encourage innovative investment while staying within the reform and the government’s plan to improve the business climate.
This updated version of the Startup Act aims to make it easier for startups and their creative ideas and solutions to work more closely with the government, clean up the Tunisian government, and improve the quality of services people get.