SWITZERLAND Trends and Developments Contributed by: Marco Toni and Lara Pafumi, Loyens & Loeff
the matter further for the time being in spring 2023. In June 2023, a motion was submitted to push for the implementation of an innovation fund through parliamentary channels. The Swiss Federal Council rejected this motion, arguing that there was insufficient room for manoeuvre owing to the tight financial situation. However, during the autumn session of 2023, the Council of States referred the motion to the preliminary advisory committee.
The implementation of such an innovation fund would increase the maturity of the Swiss ven- ture capital market, strengthen its resilience and thus improve Switzerland’s attractiveness as a business location. The actual implementation of such a fund remains to be seen.
371 CHAMBERS.COM
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