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BionicM Inc., a Japanese startup that focuses on creating robot-managed artificial legs for lower limb amputees, was awarded the US$a hundred,000 grand prize. Four winners, including BionicM Inc., had been awarded US$10,000 each in four classes, AI & Robotics, FinTech, Well being Know-how and Good City. They may also receive incubation help from HKSTP to assist them develop their businesses.
Sole proprietorship is the only organizational structure accessible for companies. Based on the Inside Income Service (IRS), it is the commonest form of business in the U.S. Companies structured as a sole proprietorship allows the owner(s) to have whole control over company operations. Businesses that usually type sole proprietorships are house-based mostly companies, store or retail businesses and one-individual consulting corporations. Owners of sole proprietor businesses are responsible for their own record retaining and paying the IRS within the type of self-employment taxes. However, this type of business supplies no safety for business house owners, as they are often held personally chargeable for their firm’s debt and financial obligations.
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Reinsurance is a sort of insurance coverage bought by insurance corporations or self-insured employers to protect against surprising losses. Financial reinsurance is a type of reinsurance that is primarily used for capital administration quite than to switch insurance threat. The concept of virtual assistant companies as an online enterprise has risen in reputation in recent times attributable to a robust financial system and evolving technological occasions.