Government Company and Interests Foundation (GKIF)

The Government Company and Interests Foundation (GKIF) is an agency owned by the government of the High Kingdom of Empherias. Established in the Government Corporate Economic Growth Act 2436, the goal of the agency is to give grants to business start-ups who oblige by government guidelines and agree to operate exclusively in Empherias for the first ten years of operation (which was lowered to five years of operation by 2478).

Origins
With the first modern Liberal government winning the 2435 general election, new Prime Minister Skylar Lawrence wanted to incentivise business growth within Empherias by giving them grants to start up. She also wanted these businesses to gain as much profit for Empherias for as long as possible and limited them to operate exclusively in Empherias for the first ten years of running.

Following the official draft of the act, it was decided to have three layers of government grants. The highest tier would only allow for operation within Empherias to last for ten years, with the middle tier allowing for operation within Empherias and it's neighbours to last for eight years, and the lowest tier allowing for operation within Empherias and it's neighbours to last three years.

Amendments

 * in 2448, upon joining the High Kingdoms of Alaxia, the act was amended to comply with regulations within the High Kingdoms.
 * in 2478, the Liberal Prime Minister Scarlett May submitted an amendment to lower the time in which a company must run exclusively in Empherias from ten years to five years.