Swiss start-up companies to receive boost

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(The Swiss Info)

The state-run Swiss Innovation Agency, Innosuisse, is to play a bigger role in giving start-up companies a competitive edge.

The government said the aim was to facilitate cooperation between science and the market and to promote new small and medium-sized companies founded by entrepreneurs to develop a unique product or service.

In its bill to parliament, the government also plans to allow Innosuisse to grant more powers to young entrepreneurs and to pay for expenses covering administrative costs of state-subsidised technology centres.

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