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Created with Fabric.js 1.4.5 4. Approach Loss of territories - productive land,industries and raw resources 3. 2. An addition to the risk-based approach of theDutch government. Obtaining data Structuring data 1. Data (key) alignment Due to the attention around subsidy fraud it seems relevant to research if the norms which organizations have to adhere to in order to receive subsidies have controlsto prevent that the committedamount of subsidydisappears when anorganization goesinto bankruptcy Output/outcome(Re-) use existing controls e.g. lowering tax on specific transactions such as construction work Incorporate subsidies within primary processes existing Subsidy application processes differ incompliance design depending on its purpose. Statement Advised controls: Correlating provided by RVO ... ... to numbers Data creation process Conclusions & Recommendations top 1 Legal framework "Taxi company commits fraude with 1,6 million euro of subsidy money" "Organization takes subsidy for solar panels down with its bankruptcy" Maaike KaasenbroodJasper KuijtenMoreno MerhaiIris Koetsenruijter More info: "VVD: A lot of fraude with subsidies" Due to insolvency10,7% 6,5% (20) of these bankrupt companies gained a total amount of subsidies of 999.765 (cummulated) in the years 2008, 2009 and 2010 36 companies went bankrupt within 2 years after they gained the subsidy in 2008 150 companies went bankrupt within 2 years after they gained the subsidy in 2009.In this group there are 20 companies that wentbankrupt that same year. Research scope 142 companies went bankrupt within 2 years after they gained the subsidy in 2010.In this group there are 19companies that wentbankrupt that same year. Results in numbers Which subsidieshave high risk of going downwith bankruptcy? Guideline on implementationsubsidy regulation Title 4.2 Dutch Administrative law 2010:1. 2009:1. 2008:1. Innovatie Prestatie Contracten Innovatie Prestatie ContractenInnovatieprogramma Point onePSO 2010 TOP 3 1,037,707.00 915,832.00 912,003.00 (21)(1)(2) To compensate or prevent risks of investments or pollution numbers a subsidy regulation is best designed when incorporated with existing business processes or regulation. Lowering transaction costs, moving totransaction based subsidies. Innovatievouchers bankruptcy Subsidy amount per year:2008 - 1.832.050.4272009 - 16.655.221.9902010 - 9.319.844.091 subsidies  overstated Due to dissolution decree51,9% 308 Bankruptcies between 2008 - 2014 understated Reasons for bankruptcy Due tostate of property 32,8% Dutch Subsidy regulation on Innovation Investigating the subsidy processes Eurostars Subsidies assigned:2008 - 19.7022009 - 17.9232010 - 23.548 Dutch framework National Economic Affairs subsidies Hier iets opnemen overjuistheid, volledigheid enbetrouwbaarheidvan data
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