Berlin startup offers a year with no money worries

Berlin startup offers a year with no money worries

Michael Bohmeyer, founder of startup ‘Mein Grundeinkommen’ (My Basic Income) which raffles an unconditional basic income, poses for a photo at his office in Berlin on April 13, 2017. — AFP pic BERLIN, April 17 — Miko from Berlin may only be five, but he already has €1,000 (US$1,063, RM4, 678) per month to live on — not from hard graft, but as part of an experiment into universal basic income.

He is one of 85 people, including around 10 children, chosen by startup Mein Grundeinkommen (My Basic Income) to receive the payments for a year since 2014.

Founder Michael Bohmeyer […]

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