Jungner of SDP promises to fight for tax cuts for business angels

Social Democrat party secretary, MP Mikael Jungner promises that tax incentives for business angels are not a lost cause. He says he’s personally committed to finding a solution for resurrecting the initiative that crashed during PM Matti Vanhanen’s Government in 2009.

“The reasons for not finding solution were in my opinion practical rather than political. I believe they can be solved”, Jungner said at Finnish Venture Capital Association Panel on Wednesday.

Jungner vowed that he and fellow panelist, MP Lasse Männistö of the Coalition party share the idea and are pushing it forward.

Jungner believes the future of Finland is worth building upon startups. They are agile operations best suitable for searching profitable business opportunities that bring jobs. And jobs and growth are what we need in the current economical gloom.

“Startups are a fast remedy. It is a change in mind set that can give returns worth of billions of euros in less than five years”, Jungner said.

Text: Taneli Heikka