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A comment on Lidl's Cloud Gambit: Europe's Shift to Sovereign Computing. Parent comment

Re:Lidl's Cloud Gambit: Europe's Shift to Sovereign Computing by username_my1 on Monday August 26, 2024 @05:49AM (#41355524)
This also blows my mind, instead of adding more berucracy to apply for funding to review funding to give funding.

just give tax credits based on innovation / investment criteria, to both companies and employees, Europe needs digitalization so badly, yet they find more complex ways to enable it.

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Re:Lidl's Cloud Gambit: Europe's Shift to Sovereign Computing by Temporary_31337 on Monday August 26, 2024 @06:24AM (#41355735)
Tax credits make sense for companies already with a steady profit margin. Cloud in particular is a capex heavy business so for a new company that is not very useful for at least the first few years.
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Re:Lidl's Cloud Gambit: Europe's Shift to Sovereign Computing by username_my1 on Monday August 26, 2024 @06:33AM (#41355791)
that's why you give credit to investors not just compnaies.
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Re:Lidl's Cloud Gambit: Europe's Shift to Sovereign Computing by jacobr1 on Monday August 26, 2024 @11:01AM (#41357813)
Just give it to the companies. That still incentivises equity investment (it lowers risk and raises the potential upside of profitability). It also make underwriting standard loans easier too.
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Re:Lidl's Cloud Gambit: Europe's Shift to Sovereign Computing by deanishe on Tuesday August 27, 2024 @12:06PM (#41369051)
> just give tax credits

On what? The EU doesn't levy any taxes and has no authority to.

The reason they're paying with grants is because that's what they've got.

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