Young Scientists

Scientist and entrepreneur - 6. Faten Hamdi: new regulations in Tunisia

 The Tunisian State is providing better support to people with business projects.

Aziz Nafa

"Have the public authorities taken any measures to support those who are currently in France or elsewhere, who have ideas, and who want to go home?"

Faten Hamdi

"Just after the revolution, around 2014, there were many young people from the diaspora who wanted to return to Tunisia. Some of them did not prepare their return well, so there were failures. But others have succeeded.

You talked earlier about trans-nationalism: they returned in Tunisia, but then they went back to France or Europe to create a subsidiary for their company.

The dinar is low, so when they export they get rich. So it is a good situation for those who have two subsidiaries, one in Tunisia and one in Europe.

And we have a novelty in Tunisia: the STARTUP act. Startups are at last recognized. The law has been passed at national level and we are waiting for the implementing decrees.

You can start a business and call it a startup. There are several advantages: you can have a foreign currency account, you can circulate the money, you can have tax benefits, social benefits over five or ten years. It encourages people.

And even young academics who already have a position can leave the public service for two or three years to start their own business, and come back to their position if they fail. This encourages entrepreneurship."

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