Finland has been an EU net contributor since 2001. Now it has among the highest unemployment rates in the EU and is going through austerity, while Poland is visibly building and converging. I understand the logic of cohesion funds, but from Finland it increasingly feels like: we cut, Poland builds.
Finnish public sector is also heavy Azure user. Their common ethos is that modern cloud services(=azure) are in many respects more secure than on-premises data centers. In addition, they are cost-effective and reliable.
Complete opposite of Finland where everything from schools meeting/document systems(office/teams) to healthcare data silos(azure datalakes) is on Microsoft
So KFW (state investment bank?) has a thing called StartGeld (startup loan). I've wondered about few practicalities
1) What sort of collateral does bank expect from you?
2) Can you really get 125ke or more like 10-20ke?
3) Interest rate is a single digit number?
4) Can you really get 10 year payback periods?
Reason why I'm asking is that in Finland(where I live) these startgeld terms seem like a dream come true for entrepreneur. To give you an example;
1) Tradiotional bank wants collateral for the loan. For a 5k€ loan, 5k€ in deposits are needed.
2) There a lots of Swedish/Norwegian "loan-houses" advertising their services for companies, with interest rates are somewhere between 23-30% per annum.