As the jury decision for the European Enterprise Promotion Awards (EEPA) shortlist draws closer it is time for us to meet all of the outstanding projects from across Europe that are competing on European level! Promoting Enterprise will be presenting all of the national winners that are being considered for the European shortlist as well as the categories that they are competing.
This week is the turn of Category 1: Promoting the entrepreneurial spirit, which recognises initiatives that promote an entrepreneurial mindset, especially among young people and women. In 2016 the prize was won by the entrepreneurship stronghold Lyon Ville de l’Entrepreneuriat from France.
This year there are 18 projects competing in this category and competition is fierce! Good luck to all the projects and we look forward to finding out who is on the EEPA 2017 shortlist!
Croatia: BUDI UZOR®/BE THE ROLE MODEL™
Czech Republic: Jaudelam.cz
Estonia: Enterprise Village
France: Start’Up Lycée
Hungary: Startup Campus Program
Lithuania: KTU „Startup Space
Slovakia: I will do it.sk
United Kingdom: Made in North Tyneside
*Portuguese national winners will be announced after the national ceremony has taken place.
This is the second in our series of blog posts presenting our winner and finalists of the Youth Essay Competition, which was held as part of the SME Assembly 2016 which took place from 23-25 November 2016 in Bratislava, Slovakia. Today we get to know another runner up, Frici Barabas, a young ‘wantrentrepreneur’ and freelancer with both a t-shirt printing business alongside his online venture ‘digital lifestyle’. Digital lifestyle is an online space that offers courses on how to be a better entrepreneur, the basics of marketing and other services those seeking to build their online lifestyle may need. So far he has 5000+ students under his guidance, yet this is nowhere near the end point for this ambitious ‘wantrentrepreneur’!
Today Frici shares what drove him to participate, his experience at the SME Assembly 2016, where he sees the future of entrepreneurship going and his advice for others leaning towards entrepreneurship as a career.
What made you enter the SME Youth Essay Competition?
I first heard about this competition through Facebook and decided that not only was it interesting as an aspiring entrepreneur myself, but I also saw it as an opportunity. My essay was my chance to say something to the world and put my voice on the European stage.
What did you think about the SME Assembly 2016?
I really enjoyed the interactive sessions, they were useful and gave me an opportunity to meet people from all across Europe with different solutions to the same problems we are all facing. I have to say that there was not a lot of youth representation, which was something that I expected and would have liked. I did however like the Erasmus for young entrepreneurs booth in the Expo and enjoyed interacting and connecting with the people there. I also really liked the social media coverage and the ‘no paper policy’ of the assembly, which forced us to use the app and our blendology badges to interact with each other and move around the conference. Paper has its magic, you can see when you create or write something but we are heading towards a digital age and we need to follow the path that is leading us there.
Looking 10 years ahead from now, in 2026, what do you think entrepreneurship will be?
We are already starting to see a shift which I believe is the trend that will emerge as we look ahead. Currently most people are employees, with only a few in the position of employer. This balance is beginning to change as more workers becoming freelance or contractors, as opposed to staying within the traditional fixed position structure. I see this change continuing, with the future being comprised of small groups of people working together to create and give customers an experience. This element of experience ties into how I think we will evolve digitally. In the words of Gary Vee ‘the mobile is the new TV’, he is right, in 10 years anything that does not work on mobile is simply not going to work. The young generation is growing up with mobile devices, so everything should be possible on mobile and most importantly be user-friendly.
I also want to share advice which can be taken now in preparation for the future. In my view those that are 15+ should pursue entrepreneurship, it is the best moment to do it and the cost of starting a business in the digital era is much lower than it was say 20 years ago. Failure is also very important, it is acceptable because it ultimately helps you to progress and not just your failures, learn from other people’s mistakes as well.
Want to find out more? Read Frici’s Youth Essay Competition entry here.
After careful deliberation by the judges, lengthy discussions have been had and the decision has been made.
This competition was created because we wanted to know what the young people of Europe think about entrepreneurship and the opportunities available to them in their country, and the wider European Union. The responses came from across Europe and not only did they give insight into the original question, but also what is on the minds of young people in Europe today.
Life is changing fast, and they are aware that in order to keep up they too will have to change. As one participant put it: “The ‘good old days’ mentality of getting an education and landing a steady job at a big company is over”, this reflects their view of education, that it is not designed to help meet the challenges of the present but is rather based on successful models of the past. This ties into their feelings on how they are perceived, with one essayist writing: “Even if we are young it does not mean we are stupid. It does not mean we are immature. We have a lot to offer if only you give us the chance”. They are realistic, demonstrating an understanding of the media and the tendency to feature the unicorns and multi million euro successes. One contestant wrote that “there is no need for a gigantic one-billion-dollar idea or a perfect professional business plan in order to successfully start up a business”; in other words , investment is not the only measure of success.
The variety of nationalities represented by the candidates was an early indicator of the importance placed on multilingualism and openness, a common theme throughout the essays, the authors of which recognised the importance of English for business alongside other languages on their path to success. In terms of the barriers faced, ‘red tape’ and bureaucracy are things they are aware of and frustrated by. These need to be addressed urgently. Coupled with these is the fear of failing, with one writing “we are full of energy and ideas but often lack the experience, skills and expertise to implement our plans successfully”. They need reassurance that failure is not the end of the world and that it can often signal the starting point for greater success.
It is now time for us to reveal the winner:
Congratulations to Andri Pandoura!
Andri is a member of the Cyprus Children’s Parliament and has already developed an interest in human rights and advocating, which she plans to pursue in future by studying law and embarking on a career in human rights law.
The very close runners up are:
- Katie Williams, a multilingual young worker from the UK currently working in the field of International Trade.
- Francesco Foglia, an Italian journalist in European Affairs currently studying a Masters in Business Administration.
- Frici Barabas, a Romanian entrepreneur with an online business who also teaches others how to succeed in the professional online world.
Congratulations to all our finalists and be sure to stay tuned to find out more about them in forthcoming posts! We would also like to congratulate all those who submitted an essay as the standard was very high and the final results very close.
On 3 July, the National Council of Small and Medium Sized Private Enterprises launched the 12th edition of the White Charter of SMEs in Romania 2014. The event saw a team of specialists carry out a comprehensive and thorough analysis of SMEs in Romania. They discussed:
- The situation of SMEs in Romania at national, regional, sectorial and district levels
- Entrepreneurship in Romania from 1990 till present, with focus on the period 2010-2014
- The overall performance of SMEs in the country, broken down into commercial, financial and social performance and also considering levels of innovation
- An analysis of SMEs issues in general
Based on the analysis, a set of measures was agreed, that will strengthen the SME sector in Romania. These agreed actions were split into three categories:
- Facilitating access to finance
- Encouraging the development of the SMEs sector in Romania with a focus on competitiveness and performance
- Improving the relationship between state authorities and entrepreneurs
More information is available in Romanian.