The Danish Startup Ecosystem Guide - Magasin - Side 70
CORPORATES VENTURE
Sponsored: This article is published in collaboration with KPMG
KPMG Startup & Venture has built a team specialised in serving startups from early-stage all the way scaleup and IPO.
KPMG:
The startup ecosystem is
underserved - but the potential
is huge with the right counselling
Danish startups do not get enough good advice when it comes to accounting and tax.
As a result, many young tech companies are missing out on opportunities, according
to auditing firm KPMG, which has a team focusing on startups and scaleups.
s a startup, it can be difficult
to make ends meet. Experience
shows that too many young
Danish companies make critical mistakes or fail to capitalise on their
opportunities because they do not get the
right advice.
This is not helped by a general shortage of auditors in Denmark. Especially
in the startup ecosystem, most auditing firms have down-prioritised young
companies in favour of established
A
70
clients, primarily because they have
limited capacity. Since 2014, the auditing
firm KPMG has specialised in this area
through their Venture & Startup team,
which today services approximately 450
startups and scaleups.
“Startups and scaleups have the
challenge that they need even more
counselling than others, but many of the
startups do not know themselves - which
topics they should relate to. Startups
need patient advisors, but they are often
down-prioritised - as many accountants
find it easier to work with more mature
Morten
Høgh-Petersen
Partner, KPMG
Denmark
The Guide
