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:::Archived:::
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| Id |
590 |
| Year of submission |
2009 |
| 01. Title of the measure |
Project 100
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| 02. Country |
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| 03. Language |
English
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| 04. Contact details |
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| 05. SBA policy area |
Support and advice during the life cycle of a business
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| 06. Source |
European Charter for Small Enterprises
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| 07. Description of the measure |
The project offers support for people who would like to set up and develop a small business in 13 areas. They receive a training course in entrepreneurship, comprehensive business advice and access to grants and leasing schemes for the purchase of machines and equipment. The methodology involves support for entrepreneurs from the initial stages of reflecting on a business idea and acquiring business knowledge, through setting up a business plan, to applying it in practice and developing the new company. This ensures the establishment of more stable, competitive and promising businesses. The project is in fact a grant scheme which requires a small contribution from the entrepreneur and offers all-round support in exchange.
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| 08. Objectives |
Foster business initiative and entrepreneurship and create up to 100 stable and competitive small businesses in various parts of the country by offering full and targeted support to people who want to set up and develop a small production or services company.
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| 09. Duration (dd/mm/yyyy) |
| Start Date |
22/12/2003
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| End Date |
Measure open-ended
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| Other Information |
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| 10. Target group |
Self-starters with good business ideas who want to start their own company but usually lack the knowledge and skills to set it up and run it.
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11. Have you consulted business organisations before submitting this measure?
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Yes
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| 11.1 Comments/testimonial by business organisation/entrepreneur |
Mrs. Henrieta Dimitrova - workshop for cuts and cutting markers:
"There are times in our lives when we are on the verge of giving up; especially when we have health troubles and get into a hospital. At that time Project 100 set me on my feet. I aspired for the opportunity to try and create something on my own for the first time in my life."
Mr. Sasho Karapeev - winery:
"Making wine was my hobby. I gave it away to relatives and friends. Then Project 100 came up. Even if I had not received a grant, the course would still be helpful because it gave me a lot of practical knowledge."
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| 12. Why is this measure a success? Please give information on results and achievements. |
Fosters a spirit of, and offers training in, entrepreneurship; boosts the self-confidence of people who did not even imagine they could start a business one day.
The companies established since 2004 are still on the market, which shows that the approach used to set them up guarantees their stability.
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| 13. Problems that had to be overcome and lessons learned |
One major lesson learned is that determined local authorities and capable local business centers are crucial for the success of this measure. Another lesson is that even with a small annual budget like Euro 500,000 people with entrepreneurial ideas who go through the proper course that the project offers, can make "small miracles". Nevertheless a substantial increase in the budget of the project would help its expansion nationwide.
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14. Information on the measure can be provided in the following languages
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Send feedback about this good practice
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European Commission - Growth