2023-06-15 07:18:26
We often hear that money is sleeping in our savings accounts. Since 1 June, a new incentive has been put in place by the Brussels Region, under the aegis of Barbara Trachte, Secretary of State for Economic Transition, in order to encourage Brussels citizens to invest in the economy of their region. A unique system in Belgium. With a clear objective: to support local, sustainable projects with societal added value. But how does it work? What are the advantages ? Possible risks?
Spoiler alert, if your wish is to become as rich as Elon Musk, you’ve come to the wrong door. The goal here is to subscribe to shares in one of the 3 cooperatives that meet the selection criteria of the public authorities. For a minimum of 100 euros and a maximum of 100,000 euros.
Guaranteed return: 3.5% per year. In short: for 1000 euros invested, you then receive 35 euros per year. This incentive is offered by the Region for 5 years, following which it stops dead.
In addition, a small dividend may also be distributed by the cooperative at the end of the year, without time restriction.
An approach transparent
“The cooperator who entrusts us with his money knows very well where he is going and what this money is used for, what project will be supported thanks to this, unlike a savings account whose use by a bank is relatively opaque.“, explain Grégory Berthetdirector of commercial and cooperative development at credit. “The procedure is done online in a few clicks, it’s very fast“.
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