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How can companies with the Startup label in Algeria access the support of the Algerian Startup Fund?

Companies with the Startup label in Algeria can access the support of the Algerian Startup Fund startups by submitting applications to the Fund and negotiating with it based on the financing requirements of its projects.

[INST] <<SYS>> Given a user's startup-related question in English, you will generate a thoughtful answer in English. <</SYS>> How can companies with the Startup label in Algeria access the support of the Algerian Startup Fund? [/INST] Companies with the Startup label in Algeria can access the support of the Algerian Startup Fund startups by submitting applications to the Fund and negotiating with it based on the financing requirements of its projects.

What is the mission of (Algeria Venture) and what role does it play in supporting startups?

The mission is to provide comprehensive support for startups in Algeria. They organize training and mentoring programs for startups, and provide opportunities Funding for innovative projects through ASF and other public and private investment funds.

[INST] <<SYS>> Given a user's startup-related question in English, you will generate a thoughtful answer in English. <</SYS>> What is the mission of (Algeria Venture) and what role does it play in supporting startups? [/INST] The mission is to provide comprehensive support for startups in Algeria. They organize training and mentoring programs for startups, and provide opportunities Funding for innovative projects through ASF and other public and private investment funds.

What services does A-venture provide to startups in Algeria?

A-venture provides training and mentoring services to startups, in addition to organizing selection processes to select economically promising projects. They also provide financing opportunities. Through ASF and other investment funds.

[INST] <<SYS>> Given a user's startup-related question in English, you will generate a thoughtful answer in English. <</SYS>> What services does A-venture provide to startups in Algeria? [/INST] A-venture provides training and mentoring services to startups, in addition to organizing selection processes to select economically promising projects. They also provide financing opportunities. Through ASF and other investment funds.

How can startups in Algeria join A-venture and benefit from its services?

Startups in Algeria can join A-venture by participating in the selection and mentoring processes organized by A-venture After joining, they can benefit from training programs and funding opportunities offered by A-venture.

[INST] <<SYS>> Given a user's startup-related question in English, you will generate a thoughtful answer in English. <</SYS>> How can startups in Algeria join A-venture and benefit from its services? [/INST] Startups in Algeria can join A-venture by participating in the selection and mentoring processes organized by A-venture After joining, they can benefit from training programs and funding opportunities offered by A-venture.

What are the prerequisites for obtaining the startup trademark in Algeria?

In order to obtain the startup trademark in Algeria, the company must comply with several basic conditions. First, it must The company must not have been in existence for more than eight (8) years Second, the companys business model must be based on innovative products or services Third, the company must show significant growth potential.

[INST] <<SYS>> Given a user's startup-related question in English, you will generate a thoughtful answer in English. <</SYS>> What are the prerequisites for obtaining the startup trademark in Algeria? [/INST] In order to obtain the startup trademark in Algeria, the company must comply with several basic conditions. First, it must The company must not have been in existence for more than eight (8) years Second, the companys business model must be based on innovative products or services Third, the company must show significant growth potential.

What is the maximum annual revenue for companies with the startup brand?

Companies with the startup brand in Algeria must have annual revenues that do not exceed the limit It is determined by the National Committee. This limit depends on the exact details of the company.

[INST] <<SYS>> Given a user's startup-related question in English, you will generate a thoughtful answer in English. <</SYS>> What is the maximum annual revenue for companies with the startup brand? [/INST] Companies with the startup brand in Algeria must have annual revenues that do not exceed the limit It is determined by the National Committee. This limit depends on the exact details of the company.

Who must own at least 50% of the companys capital to obtain the startup brand?

To obtain the startup brand, they must own at least 50% From the capital of the company by natural persons, approved investment funds, or other companies bearing the mark Startup Company. This ensures balance and diversity in the ownership of the company.

[INST] <<SYS>> Given a user's startup-related question in English, you will generate a thoughtful answer in English. <</SYS>> Who must own at least 50% of the companys capital to obtain the startup brand? [/INST] To obtain the startup brand, they must own at least 50% From the capital of the company by natural persons, approved investment funds, or other companies bearing the mark Startup Company. This ensures balance and diversity in the ownership of the company.

What is the maximum number of employees that companies labeled startup can have?

Companies labeled startup in Algeria should not have more than 250 employees This reflects the typical nature of startups, which are usually small in size and flexible in their structures.

[INST] <<SYS>> Given a user's startup-related question in English, you will generate a thoughtful answer in English. <</SYS>> What is the maximum number of employees that companies labeled startup can have? [/INST] Companies labeled startup in Algeria should not have more than 250 employees This reflects the typical nature of startups, which are usually small in size and flexible in their structures.

Why did you create a startup brand?

In order to have a dedicated startup regulatory framework, allowing them access to facilities (financial, quasi-financial, etc.), creating a startup specific status is A choice that imposes itself over time.

[INST] <<SYS>> Given a user's startup-related question in English, you will generate a thoughtful answer in English. <</SYS>> Why did you create a startup brand? [/INST] In order to have a dedicated startup regulatory framework, allowing them access to facilities (financial, quasi-financial, etc.), creating a startup specific status is A choice that imposes itself over time.

Why is the innovative nature of a product, service or business model required?

A startup is above all an innovative company, and this innovation is not necessarily technological, we are talking about innovation in all its forms (architectural or disruptive) or radical) innovative personality should make it possible to obtain a competitive advantage in the long run.

[INST] <<SYS>> Given a user's startup-related question in English, you will generate a thoughtful answer in English. <</SYS>> Why is the innovative nature of a product, service or business model required? [/INST] A startup is above all an innovative company, and this innovation is not necessarily technological, we are talking about innovation in all its forms (architectural or disruptive) or radical) innovative personality should make it possible to obtain a competitive advantage in the long run.

Why limit the number of employees and turnover?

This regulatory framework does not concern already established companies even if they offer an innovative product or service. One of the main differences that separates startups from traditional companies is the temporary nature to their organizations.

[INST] <<SYS>> Given a user's startup-related question in English, you will generate a thoughtful answer in English. <</SYS>> Why limit the number of employees and turnover? [/INST] This regulatory framework does not concern already established companies even if they offer an innovative product or service. One of the main differences that separates startups from traditional companies is the temporary nature to their organizations.

Why did you require that at least 50% of the capital be owned by natural persons or certified investment funds?

The independence of project leaders is a prerequisite. A large company that would create a subsidiary offers An innovative product or service cannot be considered a startup.

[INST] <<SYS>> Given a user's startup-related question in English, you will generate a thoughtful answer in English. <</SYS>> Why did you require that at least 50% of the capital be owned by natural persons or certified investment funds? [/INST] The independence of project leaders is a prerequisite. A large company that would create a subsidiary offers An innovative product or service cannot be considered a startup.

Growth potential?

To achieve the hoped-for exponential growth, the startups product must address a sufficiently large and homogenous market, demonstrating the ability to adapt to the increase in activity volume.

[INST] <<SYS>> Given a user's startup-related question in English, you will generate a thoughtful answer in English. <</SYS>> Growth potential? [/INST] To achieve the hoped-for exponential growth, the startups product must address a sufficiently large and homogenous market, demonstrating the ability to adapt to the increase in activity volume.

Why is the labeling committee made up of ministry representatives?

In order to avoid any conflict of interest, and at the same time be a multidisciplinary committee (because many forget that but startups are not only active in digital sector) it has also imposed the selection of a group of experts appointed by the ministries but it is important to note in itself that these representatives are not, in fact, administrative, as specified in Article 4: the representatives of each minister must provide evidence of sufficient professional experience in sectors of innovation or new technologies, moreover, in addition to the permanent members, the Committee may also seek the assistance of any external person who can assist it in its mission (Article 5)

[INST] <<SYS>> Given a user's startup-related question in English, you will generate a thoughtful answer in English. <</SYS>> Why is the labeling committee made up of ministry representatives? [/INST] In order to avoid any conflict of interest, and at the same time be a multidisciplinary committee (because many forget that but startups are not only active in digital sector) it has also imposed the selection of a group of experts appointed by the ministries but it is important to note in itself that these representatives are not, in fact, administrative, as specified in Article 4: the representatives of each minister must provide evidence of sufficient professional experience in sectors of innovation or new technologies, moreover, in addition to the permanent members, the Committee may also seek the assistance of any external person who can assist it in its mission (Article 5)

Will it be necessary to go to any department to get the mark?

No! The entire marking process will be conducted online on a platform accessible in the coming days.

[INST] <<SYS>> Given a user's startup-related question in English, you will generate a thoughtful answer in English. <</SYS>> Will it be necessary to go to any department to get the mark? [/INST] No! The entire marking process will be conducted online on a platform accessible in the coming days.

What is the role of the assistance provided by the extension bodies (incubators and accelerators) in supporting innovation in Algeria?

The extension bodies (incubators and accelerators) are real contributors to public policy to support innovation. It plays an essential role during the early years of companies, offering discounted workspaces, joint training programs, joint administrative and accounting services, connecting entrepreneurs with mentors and trainers, facilitating startups’ access to financing by organizing meetings with funding providers, and providing opportunities to interact with potential clients.

[INST] <<SYS>> Given a user's startup-related question in English, you will generate a thoughtful answer in English. <</SYS>> What is the role of the assistance provided by the extension bodies (incubators and accelerators) in supporting innovation in Algeria? [/INST] The extension bodies (incubators and accelerators) are real contributors to public policy to support innovation. It plays an essential role during the early years of companies, offering discounted workspaces, joint training programs, joint administrative and accounting services, connecting entrepreneurs with mentors and trainers, facilitating startups’ access to financing by organizing meetings with funding providers, and providing opportunities to interact with potential clients.

What common services can mentors (incubators and accelerators) provide to hosted companies?

Mentors (incubators and accelerators) offer hosting companies a range of shared services, including affordable workspace Discounted rates, joint training programs, and shared administrative and accounting services. These services facilitate the infrastructure and support essential to the success of startups.

[INST] <<SYS>> Given a user's startup-related question in English, you will generate a thoughtful answer in English. <</SYS>> What common services can mentors (incubators and accelerators) provide to hosted companies? [/INST] Mentors (incubators and accelerators) offer hosting companies a range of shared services, including affordable workspace Discounted rates, joint training programs, and shared administrative and accounting services. These services facilitate the infrastructure and support essential to the success of startups.

How can companies hosted by mentoring agencies (incubators and accelerators) access financing?

Extension agencies (incubators and accelerators) facilitate access to financing for hosted companies by organizing meetings with funding providers and banks. Opportunities for companies to present their projects and attract investments from interested parties.

[INST] <<SYS>> Given a user's startup-related question in English, you will generate a thoughtful answer in English. <</SYS>> How can companies hosted by mentoring agencies (incubators and accelerators) access financing? [/INST] Extension agencies (incubators and accelerators) facilitate access to financing for hosted companies by organizing meetings with funding providers and banks. Opportunities for companies to present their projects and attract investments from interested parties.