Ready for business start

The main objective of the project proposal is to improve the preparation and knowledge for planning, launching and managing of an own business in the target group consisting of employed, unemployed and inactive persons who want to start their own business. The target group covers a total of 110 persons wishing to start their own business. The project contains three main activities aimed at the implementation of specific objectives, each of which will be realized in all areas of Southwestern region of Bulgaria. The first activity will encompass all 110 members of the target group, which will be included in motivational events. The presentation of stories of successful entrepreneurs and techniques for success, combined with an assessment of the entrepreneurial potential and inclusion of the participants in a workshop with business coach will contribute to increasing their motivation to start their own business. In the second activity 40 participants will be included in a specialised interactive training aimed at development of entrepreneurial, managerial and business skills and knowledge, incl. development of business plans for managing their own business. Thus they will acquire the necessary knowledge to start, plan, manage and develop own business. During the third activity 30 participants will receive support for starting real business through consultancy on business plan, sources and mechanisms for financing of entrepreneurial ideas, participation in business networks, access to mentors and incubators, presentation and foundation of a startup. The consultations will help them take advantage of the funding opportunities provided by EU funds, acquire basic skills to develop and manage projects and position their business well in the business environment. The project will meet the needs of the target group of higher self-confidence, specific knowledge and skills to launch, manage and develop their own business, of financing, presentation skills and networking.

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Overview

Status Closed (completion date)
Start date 15 Aug, 2018
End date 15 Dec, 2019
Contract date 04 Apr, 2018
View in UMIS

Financial information

Total cost 168,110.56
Grant 168,110.56
Self finance 0.00
Total paid 163,351.98
EU participation percent 85.0%

Location

South-West (BG41)