Navigation path

Left navigation

Additional tools

Tag ‘Business Navigator’

EEPA 2019 FAQ: How to prepare an EEPA application

Tags: , , , , , , , , , , ,

The European Enterprise Promotion Awards (EEPA) are looking for the next set of inspiring projects that support entrepreneurs and the entrepreneurship ecosystem across Europe. Every year there are hundreds of applications from across the participating countries, so how can you make your application stand out? What will catch your National Coordinator’s eye? What will draw the attention of the prestigious EEPA jury?

Promoting Enterprise has collated advice from both past winners on what they did to prepare their applications, and from past and present EEPA Jury members on what made projects stand out for them.

Making your application stand out

Ensuring that your application is unique and stands out amongst all the other strong projects it will be competing against is key to getting noticed by both your National Coordinator and later the EEPA jury. Being unique is important and can even lead to a Grand Jury Prize win.

“One of the main reasons behind our win was that we presented a new proposition (i.e. festivals as testing grounds for innovators) to add to the entrepreneurial ecosystem.”

  • Innofest – Grand Jury Prize Winner 2017

EEPA jurors in particular want to see unusual and innovative projects that creative contribute to the overall entrepreneurial ecosystem.

“In my opinion, the most important characteristic for a project to be special is that it is innovative. It has to bring something new and show creativity.”

“An outstanding project combines innovation and cooperation and supports enterprises throughout their life cycle. It has visible and presentable results and helps to improve the role of entrepreneurs in society or to start up a business.”

Your application is also a chance to tell your project story and give a full picture of your work, how far you have come and the journey that both you and your project have been on. Including tangible results, lessons learnt and successes will ensure your application is complete and robust.

“When applying it is important to ask yourself if others can replicate what you do. Success is always a combination of vision, strategy, trial and error, lessons learnt and results, so be sure to include your project story and journey.”

Dedicate the necessary time to your application

Previous winners mention the need to take the necessary time when preparing an EEPA application, to not rush and ensure that all necessary supporting documentation is collected with enough time and included in the final application.

“Prepare well! Be aware that it requires quite a lot of work until your documents are “final”, so advice and help from the national body might be very useful, so make the most of it.”

“We spent quite some time on the application to make sure that we got all the right and important information filled in.”

 

For more support with your EEPA 2019 applications be sure to have a look through previous EEPA winner testimonials for their advice and success stories and contact your National Coordinators for specific country information on your national EEPA competition.

Business Generator becomes Navigator Scale-up

Tags: , , , , , , , , , , , ,

Back in 2017, the project “Business Generator” from Sweden, won the EEPA Category “Investing in entrepreneurial skills” for their work in identifying the gap in the strategic management process for SME companies, as well as a way to reach SMEs and provide them with useful skills for their daily lives as entrepreneurs.

After initial struggles to keep the Business Generator going after the EEPA competition, this project, and specifically coordinator Anette Rhudin, are back with a brand new and improved ‘Navigator Scale-up’. The Navigator serves as a support for SMEs that need to have a board under Swedish law. Due to financial constraints it is normally a challenge for SMEs and entrepreneurs to have an external board not made up of family and friends, and thus miss the chance, to have that input, that the right matched, external competence can give. Having a competent board can help avoid bankruptcy, develop necessary company procedures and aid in the overall management of the SME.

Through the Navigator SMEs can be matched with externals that serve as a board or ‘navigators’, without taking away control from the SME. The Navigator is a particularly good option for SMEs looking to scale up, as the externals are there to coach, ask critical questions and offer guidance based on their extensive experience. Through their experience, external board members are able to make SMEs aware of ‘hazards’ and guide them so as to avoid expensive failures.

Positive changes can only happen in a safe environment, which is why a Navigator’s primary task is help the entrepreneur navigate a changeable environment and give them enough control to feel safe and be able to scale up their company. One of the crucial success factors in the Business Generator project was that the four external navigator members had all gone on their own scalable business journeys. Being able to understand the current entrepreneur’s experience enables externals to truly coach and give the best advice to the SME they are assisting.

The Navigator has already been helping several SMEs, specifically OptiPack, an SME in a typical small Swedish village which started last year. Optipack began with four young people who had no experience of owning a company and who required a bank loan to get started. In order to qualify for a loan they needed an external board with experienced members, which is where Business Navigator came in to help. After being assigned a Navigator team they began to advance, thanks to the collective experience of their external board members who between them are experienced businesspeople and own large international companies.

Thanks to help from their Navigator, Optipack were able to invest EUR 2 428 882 in their latest product and continue working and developing.

Optipak are a successful example of what a Navigator can do for an SME, and we hope to keep coming back with more success stories as the Business Navigator gets bigger and spreads its message, support and advocacy for SMEs.

  • Useful links

  • Tags

  • RSS Promoting Enterprise

    • EEPA 2021 Shortlist – Supporting the Internationalisation of Business October 14, 2021
      We have already introduced you to the 2021 shortlist of finalists in the first three categories of the European Enterprise Promotion Awards (EEPA). Today it is the turn of Category 4: Supporting the Internationalisation of Business. Two projects were shortlisted in Category 4. The finalists are an Irish aerospace project that aims to develop the […]
      promotingenterprise
    • EEPA 2021 Shortlist – Improving the Business Environment & Supporting the Digital Transition October 12, 2021
      Recently we have been giving you a closer look at the projects shortlisted in this year’s European Enterprise Promotion Awards (EEPA) by our EEPA 2021 jury. Last time you read about the shortlisted projects in Category 2. Today it is the turn of the projects competing in Category 3: Improving the Business Environment & Supporting […]
      promotingenterprise
    • EEPA 2021 Shortlist – Investing in Entrepreneurial Skills October 8, 2021
      You have already read about the projects shortlisted in this year’s European Enterprise Promotion Awards (EEPA)! Over the next few weeks, we will be introducing you to each project that has been carefully evaluated and selected by our EEPA 2021 jury. Last time you read about the shortlisted projects in Category 1. Today it is […]
      promotingenterprise
    • EEPA 2021 Shortlist – Promoting the Entrepreneurial Spirit October 7, 2021
      Following the announcement of the 2021 shortlist of finalists in the European Enterprise Promotion Awards (EEPA), we would like to introduce you more closely to the shortlisted projects in each category. Today we will kick off with the projects competing in Category 1: Promoting the Entrepreneurial Spirit. The Category 1 finalists this year come from […]
      promotingenterprise
    • SME Week Newsletter 2021: Issue #10 October 5, 2021
      Welcome back to the SME Week Newsletter! It’s also time to welcome back the SME Assembly, which will be held live this year on 15-17 November, in Portorož, Slovenia. As the culmination of SME Week, the SME Assembly will see entrepreneurs, policymakers, and innovators gather in Slovenia to put sustainability at the centre of Europe’s […]
      promotingenterprise
    • YEC 2021 – There’s more time than you thought! September 26, 2021
      Great news!! The deadline for submitting entries to this year’s edition of the SME Week Youth Essay Competition is being extended from 26 September to October 3! To those of you, who already submitted their applications – thank you and good luck during the selection process!  But in case you have not started to get […]
      promotingenterprise
    • YEC 2021 – How to write a winning entry September 23, 2021
      You would like to take part in this year’s SME Week Youth Essay Competition but need a little inspiration to get started? We have just what you need! To give you that much-needed push, we asked last year’s winner and finalists for some tips on approaching this year’s question. Just to remind you, this year, […]
      promotingenterprise
    • European SME Week 2021 – Upcoming events September 22, 2021
      The European SME Week is a pan-European campaign that aims to promote entrepreneurship in Europe. It helps and supports existing entrepreneurs and encourages potential entrepreneurs to set up their own businesses. A significant component of the SME Week campaign is the events included in the European SME Week event calendar. These events take place across […]
      promotingenterprise
    • EEPA 2021 – Meet the European shortlist September 20, 2021
      This year over 200 National EEPA entries were submitted for consideration from 28 participating countries. The EEPA National Coordinators then selected 47 of these projects for the EEPA 2021 Jury to evaluate. Last Friday, the EEPA 2021 Jury met to make their final selections for this year’s European shortlist.  The decision came after 3-hour deliberations, […]
      promotingenterprise
    • Meet the EEPA 2021 Jury September 17, 2021
      Today on the Promoting Enterprise news portal, we introduce you to the members of the 2021 European Enterprise Promotion Awards (EEPA) jury. The EEPA jury is made up of representatives from the European Commission, business associations, academia, the current European presidencies and the last Grand Jury Prize winner. EEPA has now progressed to the European […]
      promotingenterprise