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The project that reforms Law 27,506, which creates the Regime for the Promotion of the Knowledge Economy, is on its way to being approved.

There is optimism about the impact that this law may cause: it is more comprehensive than the old Software Promotion Law, which favored more than 500 companies and also promises to have effects in terms of exports and job creation. In addition, it aims to boost SMEs and micro-SMEs.

The mere fact that it wasnÔÇÖt approved when it should have affected the country, because we were forced to decide where to hire people and we had countries with defined rules.

Adrián AnacletoCEO of Epidata

The software law generated between 8 and 11 percent savings, which were used to finance growth, because SMEs have no other way to finance themselves. Epidata is a clear example, because we were part of the second batch of companies that entered the register of beneficiaries, in 2005, and we went from three employees to 300.

Adrián AnacletoCEO of Epidata

However, Anacleto is optimistic and says he has based his budget and annual project on the passage of the law.

We want to grow the development center in La Matanza, the idea is to go from 10 to between 20 and 30 people. In addition, we have employees in Cordoba and Mendoza and we expect these development centers to continue to grow.

Adrián AnacletoCEO of Epidata
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