For entrepreneurs, it proves difficult to understand what options are available when their business faces financial difficulties. It does not always have to end in bankruptcy; yet this sometimes seems to be the only solution. Unfortunately, our law is confusing and there is little support to help entrepreneurs with this. RestartUp hopes to change this.
How they work
This start-up is a collaboration between the Amsterdam Law Hub, Startup Amsterdam, UvA and Gemeente Amsterdam with the aim of supporting entrepreneurs in making better financial decisions in difficult times. They do this by identifying what stage entrepreneurs are at in the insolvency process and what their legal options are. Based on this, tailor-made advice is offered. RestartUp's platform is free, available to all and can be used anonymously.