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Start-up grant is intended to support entrepreneurs who start a new business. Start-up money is not paid automatically, but is a discretionary support that must be applied to the TE Office.

The start-up grant aims to secure a new entrepreneur's primary livelihood for the estimated time it takes to establish business activities. Therefore it is an income supplement intended for entrepreneurs and doesn't belong to the business assets. After all, they must be able to live and perhaps support their family even when it may not be possible to pay themselves enough salary at the starting stage of the business.

So you have taken the mental step from dreaming of setting up a business to actually starting the process – congratulations! However, take a deep breath and make sure you have made all the necessary preparations before registering your company and rolling up your sleeves, because there are at least four things you should take into consideration.