Millions for faster house design – EY divides accountants and consultants

1.5 million for startup accelerating housing design

Startup OMRT will receive 5 million euros in growth funding to design houses faster. The 3D design software from Andreja Andrejevic and Jasper Spiegeler (both in Forbes 30 under 30) shortens the design process from a few months to a few weeks. The secret ingredient is ‘parametric’ design, where a design is generated from various data points.

According to the startup, this method also reduces CO₂ emissions and construction materials. OMRT is using the Series A round from impact investor SHIFT Invest (and existing shareholder VORM) for further development, sales, marketing and international expansion.

2. EY separates auditors and consultants

Ernst & Young (EY) will separate its due diligence from the consulting division. Auditors who audit annual reports are therefore separate from advisers who advise clients on matters such as tax, acquisitions or digitalisation. The sector is under pressure to do something about suspected conflicts of interest between the two entities.

According to the Financial Times, it appears from the demerger plans that the advisory branch can grow by 18 percent annually after the demerger, the control department by 7 percent. An IPO of the consulting industry should yield billions. In the Netherlands, EY has fourteen locations with a total of five thousand employees, including 249 partners.

3. Growth money for start-up that prevents lost customers

Churned, a startup that analyzes customer cancellations, gets an investment of ‘between six and seven figures’. The Amsterdam service of computer science professor Francisco Blasques and the brothers Michiel and Maarten Doornenbal sets machine learning in to the gradient (‘churn‘) from subscribers to predict and prevent. Reducing churn by 1 percent yields 5 to 15 percent extra profit, the service promises.

With that pitch, Churned won among others De Koffiejongens, Greenchoice and the fashion store Freshcotton as customers. The capital round for Churned is the first investment from Goldfish, a new VC fund from startup investors Dave Dirks (Keadyn, Blockparty) and Arjan Brienen.

4. The Netherlands gave relatively little corona support

In the first year of the corona pandemic, the Netherlands was one of the most economical countries in terms of support for companies, according to figures from the EU Commission. Only Ireland, Sweden, Finland and Belgium allocated less money to guide entrepreneurs through the crisis. That Dutch corona support corresponded to 0.58 percent of GDP. Ireland and Sweden kept it at 0.2 percent.

Poland and Greece were the most generous donors with 3.8 and 3.6 percent respectively. dThe European Commission, which issued strict state aid rules during the pandemic, calls the aid amounts “unprecedented”, yet proportionate and necessary.

5. More time for taxable entrepreneurs

Entrepreneurs who cannot pay back tax debt from the corona crisis in five years will get an extra two years. With this, the government wants to give ‘essentially healthy companies’ more airspace. Entrepreneurs who made little or no profit before the pandemic are not eligible. The extended repayment period applies to companies that have accrued at least 10,000 euros in tax debt during the corona crisis.

6. ‘Half of the packages are delayed due to lack of deliveries’

Due to a lack of deliveries, about half of all packages arrive late, according to Sendcloud, based on a sample of a thousand consumers. Almost three-quarters (72 percent) recently had a ‘negative delivery experience’ such as a delivery at a different time than promised, a package left in an unsafe location or an order that arrived damaged.

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6. And then this: the snorting gambler is entitled to compensation

A casino in Tiel that did not ban a cocaine-snorting visitor must at least pay back part of his gambling losses. De Telegraaf writes this based on a decision from the court in Den Bosch. Employees at the casino knew among themselves about the visitor’s cocaine use, who, according to one of them, walked around with ‘a white nose’.

But by not blacklisting the player, the company breached its duty of care, according to the judge. The snooping player demands a total of 90,000 euros in compensation. He must now document that loss with bank statements and other supporting documents.

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