PES support for start-ups – what is effective?
A September 2017 study presents the lessons learnt from the vast PES experience in offering start-up support to jobseekers who want to become self-employed or start their own business. It provides a basis for PES needing to navigate the increasingly globalised and digitalised world of self-employment, and effectively guide jobseekers wishing to embark on such an experience.
If well-designed and targeted, start-up incentives and support have proven effective in bringing unemployed back to the labour market. In the longer term, there is even a job-creation effect.
Well-designed start-up support requires specialist trainers and advisers. It is also recommended to offer a mix of support measures, including appropriate benefits, access to capital, training, counselling and guidance.