Navigation path

Left navigation

Additional tools

Tag ‘Investing in entrepreneurial skills’

EEPA 2019 Testimonial – Investing in Entrepreneurial Skills

Tags: , , , ,

Ready to meet our next European Enterprise Promotion Awards (EEPA) 2019 winner? Meet IDEA Innovation Centre & Incubator – Accelerator for Start-ups from Cyprus, the winner of Investing in Entrepreneurial Skills!

IDEA is an innovation centre and incubator and acts as an accelerator for startups. In order to invest in entrepreneurial skills, IDEA undertakes a cluster of activities that focus on providing an entire spectrum of business support, positively altering perceptions of entrepreneurship, facilitating cross-sector cooperation, promoting Cyprus as an innovation hub, developing investment networks, promoting volunteering, and ensuring entrepreneurship is open to all regardless of gender, age or ability. Social inclusion is put into practice through inclusive entrepreneurship, specifically opening doors to entrepreneurs with special needs. To date, IDEA has developed 48 New Businesses and created over 70 new jobs.

How did you first hear about the national competition and why did you decide to enter?

In 2018 our Cypriot Ministry of Commerce, Industry & Energy informed all of our national institutions about the competition. We applied back in 2018 and went on to become two of the national winners and participate in the SME Assembly in Graz. We were so impressed by the magnitude of the organisation, the valuable knowledge gained and the very focused networking opportunities, that we decided to apply again in 2019, and really showcase how our project could bring valuable, win-win relationships for both us and our European partners.

How did you prepare your application?

The ‘preparation’ for the application was our intense activity over the past four years. We needed to organise all the information and experience that we had gathered to demonstrate the extent of our activity, our commitment and the EEPA values that it represents. At this point, we were amazed by the willingness of our community (government partners, startups, associates, collaborators and friends) to support our candidacy and provide their own testimony for our work.  

Writing the application was a team activity that had its own ‘local’ results as well! It brought our team closer and boosted our confidence. It also brought our collaborators closer to us and their support was incredible!

What was it like to win the award?

The award made the whole of Cyprus proud! It proved that it is not the size of the country that matters, but the ambition, vision and extent of collaboration that count. Through our win we inspired confidence and showed the rest of Cyprus that we can achieve great things in the areas of innovation and entrepreneurship. We proved that by applying the values of sharing, giving-back and creating opportunities, the benefit comes back to all of us involved. Winning this Award is a noble endorsement from our European Family.   

Being in Helsinki and experiencing the moment was amazing, and even though not all of our team could make it to Helsinki we were all there together in spirit. This illustrates another beautiful side of Europe: In the same way that it brings businesses together, it brings people together, and we are grateful for this.

How did winning the award impact your work?

Winning an EEPA has given us a lot of publicity in national press, across both printed and digital channels. We have also received congratulations from the government, business associations and from so many people. Most importantly, we made our partners and supporters proud, and we would like to especially mention the visionaries at the Bank of Cyprus, that believed and supported IDEA since its inception.

For us, the IDEA team, who invest a significant amount of personal time and voluntary work into the IDEA project, being the winners of a prestigious EEPA is a powerful motivation to continue our work and keep aiming higher.

Why should others enter EEPA 2020? What advice would you give them?

At IDEA, we believe that setting very ambitious targets is motivating, drives us to achieve more and brings out the best in us. Winning an EEPA is a very ambitious target therefore; we encourage institutions with intense, comprehensive and passionate activity to chase it! When you prepare for an EEPA it is a chance to demonstrate the true extent of your efforts and activity, as well as a valuable opportunity for international collaboration.

What are your plans for the future?

IDEA really strives to create an innovative culture and form a cluster of activities to boost innovation and entrepreneurship in our small country through partnerships and hard work. We have just opened our 5th cycle for new startups and will continue towards the creation of viable businesses with higher focus on their extroversion.

At the same time, we aim to strengthen the business innovation bond between Cyprus and our European partners, and exploit the unique position of Cyprus at the cross-roads of three continents. We are proud to belong to the European family and are determined to transform Cyprus into a regional innovation hub, and a bridge between Asia, Africa and Europe.

Keep coming back to Promoting Enterprise for more EEPA 2019 winner testimonials and don’t forget to watch their winning moments on our YouTube channel:

EEPA Class of 2019

Tags: , , , , , , , , ,

The European Enterprise Promotion Awards 2019 celebrated the best of the best in a ceremony on the 2nd day of the SME Assembly 2019. On 26 November 2019, six category winners were awarded with EEPA prizes, and an overall Grand Jury Prize winner was crowned as being the most outstanding project across the six categories for 2019.

Congratulations once again to the EEPA class of 2019!

Promoting the Entrepreneurial Spirit

Haven Incubator CVBA-SO, a safe port for young experimentation, Belgium

Investing in Entrepreneurial Skills

IDEA Innovation & Entrepreneurship Centre, Cyprus

Improving the Business Environment

Fomento de la Contratacion Publica con Pymes, Spain

Supporting the Internationalisation of Business

HealthTech Nordic, Sweden

Supporting the Development of Green Markets and Resource Efficiency

TILOS, Greece

Responsible and Inclusive Entrepreneurship

Start-Up Your Future, Germany

Grand Jury Prize

Green PAC iLab, The Netherlands

Investing in Entrepreneurial Skills – EEPA 2019 Shortlist

Tags: , , , , , ,

Ready to meet more of this year’s shortlisted projects? Over the next few weeks each of the projects that the EEPA 2019 Jury have chosen will be presented in the category in which they will be competing in the EEPA 2019 finals at the SME Assembly in Helsinki this November.

This week we continue introductions with the three shortlisted projects competing for the prize in Category 2: Investing in Entrepreneurial Skills.

IDEA Innovation Centre & Incubator – Accelerator for Start-up, Cyprus

IDEA is an innovation centre and incubator and acts as an accelerator for startups. In order to invest in entrepreneurial skills, IDEA undertakes a cluster of activities that focus on providing an entire spectrum of business support, positively altering perceptions of entrepreneurship, facilitating cross-sector cooperation, promoting Cyprus as an innovation hub, developing investment networks, promoting volunteering, and ensuring entrepreneurship is open to all regardless of gender, age or ability. Social inclusion is put into practice through inclusive entrepreneurship, specifically opening doors to entrepreneurs with special needs. To date, IDEA has developed 48 New Businesses and created over 70 new jobs.

FactorYmpresa Turismo, Italy

FactorYmpresa Tourism is the Invitalia business acceleration programme for aspiring tourism entrepreneurs. The programme supports the best company ideas in order to encourage tourism innovation in Italy, placing an innovative mix of mentoring services, financial contributions and local and national networking opportunities at the disposal of aspiring entrepreneurs. The programme organises Accelerathons, a fully immersive 36 hours for start-uppers to work on their business ideas together with specialist tutors and mentors. Since 2017, the programme has generated 829 innovative business ideas originating from across Italy, and awarded €715,000.00 worth of financial aid.

Programa INOV CONTACTO – Programa de Estágios Internacionais de Jovens Quadros, Portugal

INOV Contacto is an innovative International Professional Apprenticeships program for young people with training and entities who wish to reinforce their teams with Portuguese talent. The aim is to support the overseas qualification of young professionals or corporate work forces in key areas of know-how, providing them with effective skills in the field of innovation, so as to stimulate and reinforce corporate competitiveness as well as the international image of Portugal. To date 5,624 young people have been involved, 1,235 entities (60% Portuguese) have participated across 82 different countries, resulting in over 1,500 job offers to participants.

Keep coming back to the News Portal every week to meet the 2019 shortlisted projects!

Don’t forget to have a look at all of the EEPA 2019 national winners that represent the top projects across all of the participating countries right here.

EEPA 2019 – Meet the National Winners: Investing in entrepreneurial skills

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

The European Enterprise promotion Awards (EEPA) are an opportunity for outstanding projects from across the European Union and COSME countries to be recognised for their work in supporting entrepreneurs and small businesses.

Austria: Corporate development programme (UEP)

Bulgaria: Innovation Academy

Croatia: Education for Success

Cyprus: IDEA Innovation Centre & Incubator – Accelerator for Start-up

Finland: MindBusiness – Promoting Higher Education Students’ Entrepreneurial Mindset and Agency

Hungary: Junior Achievement Foundation Hungary (JAM) – Entrepreneurial Volunteer Program

Italy: FactorYmpresa Turismo

Poland: FABLAB MAŁOPOLSKA

Portugal: Programa INOV CONTACTO – Programa de Estágios Internacionais de Jovens Quadros

Serbia: GIFT – Generate Ideas For Transfer

This year this category received 10 entries from a variety of programmes, including investing in youth entrepreneurship and developing entrepreneurial skills of existing business owners to allow their enterprises to thrive.

Keep coming back to the News Portal each week to discover the national winners in each category for EEPA 2019!

About the EEPA selection process

The competition has two stages. Applicants must first compete at national level to be eligible to compete at European level. For the national competition, each country selects up to two entries to be nominated for the European competition.

A shortlist of nominees will be chosen by a European jury. All nominees from the national and European competitions will be invited to attend the final awards ceremony. The ceremony recognises the winners for their efforts and gives them the opportunity to present themselves in a pan-European environment.

European Enterprise Promotion Awards – 2019 edition launch

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

The European Enterprise Promotion Awards (EEPA) are back again for another cycle to identify and reward the best projects from across Europe. Get ready to see the most innovative and inspiring projects from across Europe compete against each other to win a coveted EEPA 2019 prize.

On Tuesday 29 January, EEPA 2019 and the project nominations, which will be happening on a national level, were officially opened. National deadlines are individual to each participating country and will be communicated by the National Coordinators. Once the national competitions have taken place, European level submissions will be accepted until the deadline on 03 July. Once the European nominations have been received, the EEPA 2019 Jury meeting will take place in mid-September which will be followed by the announcement of the shortlist on by the end of September. The final step will be the prestigious awards ceremony, which will take place in Helsinki, Finland on Tuesday 26 November as part of the annual SME Assembly.

Public bodies and public-private partnerships from across the EU Member States, will be competing for the coveted awards, which go to the most imaginative and successful initiatives that support entrepreneurship and small and medium-sized enterprises (SMEs). All the information about the awards and application process can be found on the DG Growth website, and is available in all EU languages.

The 2019 EEPA categories are as follows:

  • Promoting the entrepreneurial spirit
  • Investing in entrepreneurial skills
  • Improving the business environment
  • Supporting the internationalisation of business
  • Supporting the development of green markets and resource efficiency
  • Responsible and inclusive entrepreneurship

EEPA is a great opportunity to be recognised on a European level and to meet like-minded Europeans and international actors working to promote and advocate for SMEs. If you are interested in applying, make sure to have a look at the application information page and speak to your national coordinator. There are also past EEPA winner testimonials available to inspire your entry and to learn more about the competition. For more information about EEPA 2018 watch the 2018 winners’ videos on our YouTube channel!

The secretariat team look forward to supporting you through the 2019 EEPA campaign. For support with social media, blogs and promoting EEPA in your country please contact Megan Gardner megan.gardner@gopacom.eu for all other technical questions, please contact Ann Garrot, Secretariat Manager ann.garrot@LOWeurope.eu.

Stay updated with all EEPA news by following us on Twitter (@EEPA_EU and #EEPA2019) and Facebook (@PromotingEnterprise).

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.

Investing in entrepreneurial skills – EEPA 2018 Shortlist

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

The countdown to the finals of the European Enterprise Promotion Awards (EEPA) 2018 continues! Last week we met the shortlisted projects from Category 1: Promoting the Entrepreneurial Spirit. This week it is time to meet the projects competing in Category 2: Investing in entrepreneurial skills, which come from Austria, Ireland and Lithuania.

Austria: i2c STARTacademy

The i²c STARTacademy is an innovative research commercialisation format for TUW scientists who want to transfer their technology and research results into successful products or services. It provides them with a personalised framework to plan their market entry by bringing them together with domain-specific national and international mentors, coaches, investors and industry representatives to work together on the commercial potential of their conducted research. Three years after it was launched the project has provided training and coaching to 91 researchers (40 teams), which has resulted in the generation of 23 start-ups and 85 jobs.

Ireland: ACORNS – Accelerating the Creation of Rural Nascent Start-ups             

ACORNS is a peer to peer support programme in which successful business women (Lead Entrepreneurs) voluntarily facilitate groups of early stage female entrepreneurs. The groups serve to establish good foundations in the new early stage businesses and equip the entrepreneurs with necessary skills to develop and grow sustainable businesses. Both Lead Entrepreneurs and participants are located in rural Ireland and the aim of the programme is to create sustainable businesses throughout rural Ireland to create more jobs over time. To date over 150 early stage female entrepreneurs have been supported with a range of demonstrable results including new jobs created.

Lithuania: Entrepreneurship Academy

Entrepreneurship Academy is a tool and education platform for the development of entrepreneurial competences and skills based on active experiential methods. It brings together a network of over 70 partners including youth groups, education institutions, business and city authorities, and other partners. Participating youth have a year to learn about local businesses and entities, and to utilise the three academy modules: Development of entrepreneurial competences, Entrepreneurship labs and Personal development programmes. Since 2015 more than 800 students and 300 schoolchildren have participated and over 260 creative workshops, seven public events and seven experiential camps have been organised within the project.

Keep coming back to the Portal to meet all of the shortlisted projects and don’t forget to follow all the updates to find out who wins in Graz this November.

EEPA – The European Enterprise Promotion Awards, recognises outstanding projects from across Europe that are working to support entrepreneurs and small businesses across six different categories.

EEPA National Winners 2018 – Investing in Entrepreneurial Skills

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

EEPA – The European Enterprise Promotion Awards, recognises outstanding projects from across Europe that are working to support entrepreneurs and small businesses across six different categories.

The second category of the EEPA, “Investing in Entrepreneurial Skills” recognises initiatives that improve entrepreneurial and managerial skills. This year the entries come from across eight different countries and will be competing for spots on the final European shortlist determined by the EEPA 2018 Jury in late September.

Austria: i2c STARTacademy

Croatia: BUDI UZOR®/BE THE ROLE MODEL™

Cyprus: Bi-Communal Innovation Camp

Germany: Nachfolge in Deutschland (Succession in Germany)

Hungary: Team Academy Budapest

Ireland: ACORNS – Accelerating the Creation of Rural Nascent Start-ups

Lithuania: VERSLUMO AKADEMIJA

Slovenia: Practical entrepreneurial education in High schools

Sweden: Timbanken

Come back to Promoting Enterprise every week to discover the national winners across the other five EEPA categories: Promoting the entrepreneurial spiritImproving the business environmentSupporting the internationalisation of businessSupporting the development of green markets and resource efficiency and Responsible and inclusive entrepreneurship.

Want to know who will be judging the 2018 projects? Meet the EEPA 2018 Jury here on the Portal!

EEPA 2018 European deadline – National Coordinators submit top national projects

Tags: , , , , , , , , ,

 

The European level of the EEPA competition closed last week on 3 July 2018. National coordinators have been submitting their top national projects for consideration by a European jury for the EEPA 2018 shortlist, and a total of 56 entries were received.

This year the national winners will be evaluated by a jury with members from different sectors, disciplines and backgrounds. The 2018 members can be found here on the News Portal.

2018 saw a total of 303 national projects submitted across 32 participating countries. Portugal achieved the highest ever recorded national total for EEPA with a spectacular 82 applicants to their national competition.

After the reinstating of the green category, EEPA 2018 will see projects competing across six different categories for 2018:

Promoting the Entrepreneurial Spirit (14 entries) was once again the category with the most applications closely followed by Investing in Entrepreneurial Skills (10 entries).

This year’s EEPA jury will meet in Brussels on 26 September 2018 to deliberate which national projects will make it onto the 2018 European shortlist. Keep coming back to the Promoting Enterprise News Portal for both the announcement of the shortlist and an introduction to all of the shortlisted projects by competition category.

Good luck to all of the national winners! Don’t forget to keep checking here for the 2018 shortlist announcement…

About the EEPA selection process

The competition has two stages. Applicants must first compete at national level to be eligible to compete at European level. For the national competition, each country selects two entries to be nominated for the European competition.

A shortlist of nominees will be chosen by a European jury. All nominees from the national and European competitions will be invited to attend the final awards ceremony. The ceremony recognises the winners for their efforts and gives them the opportunity to present themselves in a pan-European environment.

EEPA 2017 – Business Generator showcases female entrepreneurs

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

EEPA 2017 winner Business Generator from Sweden may be on a temporary pause, but they still have many company success stories from the people they helped. Today, project director Anette Rhudin tells us about some of the women involved in Business Generator and their entrepreneurial stories.

A local food application connecting farmers and customers

Kicki is a farmer from Värmland, who had the idea to create an app to make it easier for people to buy food directly from the farmers that produce it. Currently there is no “easy” connection between customers and farmers, and customers are forced to drive to several different farms to get the produce they are looking for. Kicki’s app creates that connection and allows farmers to directly communicate with their audience and promote their goods.

A local hotel benefitting local industry

When Marianne first came to Business Generator she was having a tough time with her hotel business and really needed help. During her time in the generator she learnt a lot and developed great skills surrounding customer questions and marketing. She worked hard and put a lot of money and her time to define her customers and “talk” to them.

As a result of her training with the generator she changed her trademark and developed cooperative relationships with other tourist attractions in this area. Her success has allowed her to expand the number of rooms and bring significant investment to her village. She also makes sure to use décor from the area and offer local food from farmers close to the hotel.

Generational business passes to a female entrepreneur

Anna is now a successful entrepreneur who is the fifth to run the Sahlströmsgården. Anna came to the Business Generator to successfully handle the generational shift and receive assistance with the associated legal changes. She handled all of this whilst still running the company and overseeing daily operations.

At the beginning of Business Generator it was not easy to attract women to take part as they prioritised their businesses and did not see how to make time for generator activities. Eventually some saw the benefits of the generator and joined in to benefit from the support.

Read more about the Business Generator here on Promoting Enterprise and make sure you stay up to date with the EEPA 2018 competition.

  • Useful links

  • Tags

  • RSS Promoting Enterprise

    • SME Week Newsletter 2020: Issue #4 June 30, 2020
      Welcome to the June edition of the SME Week Newsletter. Over the past months, Promoting Enterprise has been working to bring you the latest COVID related policy updates, exciting developments from the EEPA 2020 competition and news from the world of SMEs. In this issue, we wanted to bring you something more and share stories, […]
      promotingenterprise
    • EEPA 2020 – Running a national competition with German coordinator Juliane Kummer June 26, 2020
      Today on Promoting Enterprise we are delighted to introduce one of the key players in the European Enterprise Promotion Awards (EEPA), a national coordinator! National coordinators are responsible for promoting and driving applications for the national EEPA competitions. They offer assistance to applicants, ensure that they understand what is expected of them and reach out […]
      promotingenterprise
    • Call for applications – Science is Wonderful! 2020 June 23, 2020
      Science is Wonderful! brings the world of science, research and innovation to the public. This year, the exhibition will take place fully online from 22 to 24 September as part of the second edition of the European Research and Innovation Days. Through an array of digital activities, researchers will interact with children, students and citizens,explain […]
      promotingenterprise
    • Acts of solidarity – How a Belgian seamstress started making masks June 18, 2020
      Today on Promoting Enterprise we are bringing you the first of our ‘COVID Stories’ which will look at how companies and people have been affected by the current pandemic and how they are adapting to their new business environments. Our first story focuses on Catherine Lorent, a Belgian micro SME owner who has used her […]
      promotingenterprise
    • European Commission consults Member States on proposal to expand State aid Temporary Framework June 16, 2020
      The original press release is available in the Commission Press Corner. On Friday 12 June, the European Commission sent Member States for consultation and comment a draft proposal to further extend the scope of the State aid Temporary Framework adopted on 19 March 2020 to support the economy in the context of the coronavirus outbreak. […]
      promotingenterprise
    • EEPA 2020 – Germany selects their national winners! June 11, 2020
      The EEPA competitions are going ahead as usual and national coordinators and juries are compiling their strongest national projects and making the difficult decision about who should compete at European level. This year in Germany, the expert jury selected their national EEPA winners via a video jury meeting, during which they assessed the 22 applications […]
      promotingenterprise
    • Coronavirus: EU grants €314 million to innovative companies to combat the virus and support recovery June 9, 2020
      The original press release is available in the Commission Press Corner. The European Commission has awarded nearly €166 million, via the European Innovation Council (EIC) Accelerator Pilot, to 36 companies to combat the coronavirus pandemic. In addition, over €148 million will be granted to another 36 companies to contribute to the recovery plan for Europe, […]
      promotingenterprise
    • What is the impact of winning an EEPA? June 4, 2020
      There is still time to submit an application for this year’s European Enterprise Promotion Awards (EEPA) and get involved in this celebration of enterprise! Check your national deadline here. The EEPA reward those who promote entrepreneurship and small business at the national, regional and local level through a variety of initiatives spanning six individual categories. Winning […]
      promotingenterprise
    • The SME Strategy June 2, 2020
      “SMEs are the backbone of Europe’s economy” is a statement that many of us have likely heard or come across in various European publications. But how is this essential backbone supported? What policy exists to ensure that our European SMEs are able to operate and thrive within our entrepreneurial ecosystems? One important part of the […]
      promotingenterprise
    • What is it like to win an EEPA? May 28, 2020
      Have you submitted your application for this year’s European Enterprise Promotion Awards (EEPA) yet? There is still time to take part! Check your national deadline here. The EEPA reward those who promote entrepreneurship and small business at the national, regional and local level through a variety of initiatives spanning six individual categories. Winning projects are chosen […]
      promotingenterprise