Tag ‘The Rotterdam Business Case’
The European Enterprise Promotion Awards (EEPA), provide a chance for many projects to gain recognition on a European stage across a variety of categories. During the selection process and the awards themselves, we get to meet all of these interesting projects and witness their winning moments, but what happens after the awards ceremony? What comes next for EEPA winners? Today on Promoting Enterprise we bring you the story of EEPA 2016 winner ‘The Rotterdam Business Case’, winner of the ‘Responsible and Inclusive Entrepreneurship’ category. Two years on and the Rotterdam Business Case is scaling up and looking to become a European Business Case, but how have they been working to scale up a successful project to support struggling entrepreneurs? Read on to find out…
Every country needs entrepreneurs. Entrepreneurs are ambitious, they take risks a nd create most of the wealth, jobs, and prosperity in a nation. Who helps them however, when they are in difficulty? Who gives them a second chance or the advice they need to be successful? Who makes sure they have options like the customers they serve?
The Rotterdam Business Case, founded in The Netherlands, provides help to struggling entrepreneurs. The project began with the initiation of a pilot in Rotterdam in 2012 to support entrepreneurs operating below the poverty line. The goal was simple; help entrepreneurs to help the economy! Or, in other words: “To increase income and economic sustainability by improving entrepreneurial skills and vision.” The pilot soon became a project – The Rotterdam Business Case – which since then has supported more than 800 entrepreneurs in the Rotterdam region to get their enterprises back on track. In November 2016 The Rotterdam Business Case was awarded a European Enterprise Promotion Award in the category ‘Responsible and Inclusive Entrepreneurship’. Since being awarded the project has been scaling up, in both the Netherlands and in Finland, where pilots are starting.
‘Young and Old is Gold’
The concept is based on a tripartite cooperation between the University of Applied Sciences, the City of Rotterdam and a foundation made up of successful retired entrepreneurs (OKB). The retired entrepreneurs act as senior coaches for the struggling entrepreneurs by providing advice and mentoring to overcome obstacles and challenges. Their role is to encourage the struggling entrepreneur to regain control, (re-)captain their entrepreneurial ship and help draw up a re-start plan. The students from the University of Applied Sciences act as junior coaches, and provide practical assistance for the re-start (streamlining/sorting out the administration, drawing up a cost-calculation), drafting of reports to plan out the various aspects of the re-start (business plan or acquisition plan). This successful cooperative approach is described with the slogan ‘Young and Old is Gold’.
Triple Helix for win-win-win
The triple helix cooperation with education, entrepreneurship and government results in a win-win-win-situation on all sides. The university offers internships to students who can practically apply their theoretical knowledge (Win 1), the city/region support entrepreneurs to strengthen the regional/city economy (Win 2) and finally former entrepreneurs are given the opportunity to use and re-use their knowledge and experience to help entrepreneurs in need (Win 3). But the biggest Win of all is of course for the struggling entrepreneur who gets a fair chance to overcome problems and become successful again.
Scaling up in the Netherlands & beyond
Due to the project attracting interest of other cities and regions the founders of The Rotterdam Business Case decided to set up a new foundation: The Dutch Business Case for Entrepreneurs, with funding from a Dutch National Foundation (GAK). The newly formed foundation works with a ‘reversed franchise concept’. New Business Cases in other cities/regions receive methods, systems, support and a 25% subsidy on the condition that they work within the concept of The Rotterdam Business Case. So far six new projects and pilots have started in the cities of Nijmegen, Amsterdam and Eindhoven and the provinces of Friesland, Friesland and Drenthe, with discussions underway for additional cities and regions to start in 2018.
First European Step
In 2016 the concept received the EEPA prize, which provided a European ‘stamp of approval’ for the foundation. Since receiving the award, professionals, decision makers and politicians who are enthusiastic about the concept make reference to the EEPA recognition of the Rotterdam Case. This has also helped other cities and regions come forward with their own proposals for applying the concept in their individual contexts.
One of the first results from scaling up is the start of a Finnish project in the City of Tampere. The City, the University of Applied Sciences and a Foundation of Former Entrepreneurs started a partnership to assist first time entrepreneurs using the Rotterdam Concept. The experiences of tweaking a successful Dutch project into a successful Finnish project will be shared later this year so that other cities and regions in other countries can also profit from the concept of ‘Young and Old is Gold’.
For more information on the Rotterdam Business Case and project scale up activities, please contact email@example.com
Have we met all of the projects competing for a place on the EEPA 2017 European shortlist? Almost! Today Promoting Enterprise presents the final category of national winners, Category 6: Responsible and inclusive entrepreneurship. This category recognises initiatives that promote corporate social responsibility among small and medium-sized enterprises and entrepreneurship among disadvantaged groups such as the unemployed, legal migrants, disabled, or people from ethnic minorities.
In 2016 the prize was won by The Rotterdam Business Case from the Netherlands, for their project that strives to help innovative individuals and entrepreneurs who have failed with a venture or are in financial difficulties.
10 projects will be considered for a European title in this category. Well done to all the national winners and we look forward to finding out who is on the EEPA 2017 shortlist!
France: Start’Up Lycée
Netherlands: IMC Weekendschool
Poland: Karlino na drodze rozwoju
Romania: ARAD WELDING SCHOOL
What is the recipe for success? What is the secret? How can you make sure your project is one of the next European Enterprise Promotion Award (EEPA) winners? EEPA is an opportunity for public bodies and public-private partnerships from across the EU Member States, (as well as Iceland, Serbia and Turkey) to put forward their most imaginative and successful initiatives that support entrepreneurship and small and medium-sized enterprises (SMEs). Each country selects their top national winners to compete at European level across five different categories.
Today Promoting Enterprise brings you advice from the best of the best, past EEPA winners. Ready to discover the answers? Read on…
Why should you enter EEPA?
Many of the past winners have mentioned that one of the key benefits of entering EEPA is that it provides “a valuable opportunity to step back and reflect”, as “you can’t always focus on what you did well yesterday…the analysis is important and it gives you a chance to make your learning journey visible so that others can learn from it.”
Not only does it allow for reflection but it provides an opportunity to meet with other pioneering initiatives from across Europe, as “participating in a competition is a real opportunity to meet and share with initiatives and people…learning from their experiences is very enriching”. Some winners also mentioned the increased internal learning and contact saying that “entering EEPA gives a unique opportunity to exchange experiences and contacts with colleagues, experts and other stakeholders, drawing focus to the relevant questions and impact SME development”.
All the winners agreed that winning, in the words of one winner “the most rigorous and professionally run enterprise award in the world”, was quite an experience. Ultimately this award “provides recognition from a higher recognised entity like the European Commission”, which for many has led to exciting national and international developments for their projects.
Finally very importantly “you should enter because it is fun! The whole process requires a lot of work and you need to invest the necessary time, but once that part is done you can really enjoy the experience of being in the competition.”
What should you bear in mind when you apply?
So how did this variety of winners come out on top in each of their respective categories? Each winner has their own story to tell which you can read here, but read some of the tips they wanted to share with the potential winners of the future:
- “Apply and share as much as possible!”
- Lyon Ville de l’Entrepreneuriat, Category 1 Winner 2016
- “It is important to evaluate whether a project has the following: quality, results, strong partnership, and replicability. Our advice would be that if your project has all of the above, then you should definitely compete!”
- PME Leader, Category 3 Winner 2016
- “Focus your attention on strategy and results achieved.”
- City of Torino, Category 3 Winner 2012
- “A good idea, a quality product, enthusiasm, detailed planning, active stakeholder involvement and teamwork were the key to our success. Our recommendation to future competitors would be to make sure to find their own distinctive formula.”
- Lime Trees and Honey Bees, Category 5 Winner 2016
- “Develop a pitch and make it interesting and inspirational for others. Inspiration is a very important part of EEPA work, it is what makes a project stand out.”
- Rotterdam Business Case, Category 6 Winner 2016
- “You should not be scared to point out things that you learnt from and definitely take help from others, don’t do it all on your own.”
- Entrepreneurial West Hisingen, Grand Jury Prize Winner 2016
Interested in finding out more about EEPA? Are you going to apply and compete for a European title? Be sure to contact your national coordinator for more information and check when your national deadline is. Hurry up because the deadlines are approaching!
‘Being successful is having a good enterprise and being a good entrepreneur’ – The Rotterdam Business Case
Entrepreneurs are ambitious, daring and think outside of the box to help advance and innovate our daily lives. Yet who helps them when they are in difficulty? Who gives them a second chance or the advice they need to be successful? The Category 6 (Responsible and Inclusive entrepreneurship) winner of the European Enterprise Promotion Awards (EEPA), is a project that does just that. Today’s interview with Rob Gringhuis, one of the project partners, gives insight into this cutting edge project that is helping innovative individuals through challenging times.
How did you first hear about the national competition and why did you decide to enter?
We first heard about EEPA when one partner got an email from the university of applied sciences in Rotterdam who had seen the EEPA announcement from our national economic ministry. Once we started looking into it we thought that we had a lot to offer with our project and were enthusiastic about showing people what we are doing. We had already been asked by the ministry of social affairs to present our project to other cities and regions in the Netherlands, so we saw this as a chance to take that to a European level. Our project is on the cutting edge of economic and social problems by providing entrepreneurial support, as entrepreneurs often become dependent on welfare and can cause societal difficulties. We were also curious about where our project stood on a national level and how we compared to other initiatives across the Netherlands.
How did you go about preparing your application?
Our national coordinator was very helpful and shared important advice with us during the application stage. We actually entered in 2015 but were unsuccessful, so 2016 gave us a chance to improve our original application and demonstrate the progress we had made in one year. Our 2016 application included more results which had since been expanded outside of Rotterdam and across the Netherlands.
What was it like to win the award and what kind of response did you receive?
Winning the award was fantastic! When we first saw our competitors in our category there was a familiar project there, the Swedish nominee Entrepreneurial West Hisingen. We already knew about each other because we lost to them in a previous eurocities competition, so we knew that they were an appealing and tough project to beat.
During the awards ceremony, we realised that there were only three projects announced in our category and that the Swedish project was no longer there, which made us feel a little more hopeful about winning. We were confident that we had shown the Jury the effect our project had on entrepreneurs, and also its potential for scaling up on a national level. When we were announced as the winners it was a big acknowledgment of our hard work and made us think about our project on a European level.
Before EEPA we were already developing our international expansion, but winning EEPA has certainly helped accelerate that process. We were congratulated by the EEPA team and also by previous Dutch winners from 2015, who we met not that long ago.
How did winning the award immediately impact your work?
We have had the Rotterdam business case since 2013, and have since started a foundation to help other cities. We are also in conversation with other regions to see if we can help them to do the same. All of this was already under way before the EEPA win but we now have an ‘approval stamp’ on our project which has helped us accelerate our processes, made it easier for others start their own business cases and also helped our partners put proposals forward faster. The win has been a tremendous push forward and as well as boosting enthusiasm also resulted in a lot of congratulations from our peers.
Ultimately this could also attract the interest of other cities and help us with our international vision. We are already in talks with Finland and may be looking at expanding to Bulgaria, so hopefully the EEPA quality stamp will help these developments.
Can you already see a long-term impact or do you have any expectations?
This is now a strategic question for us, how do we go forward from here? We have been asked to go to seminars and tell our story, and the foundation that we started is helping other cities and helping with scaling up of existing cases. In the long term we would like to push the project forward on a European platform, maybe in 1-2 years time we will be able to have European level business cases, but this is ambitious and would require European partners. As our foundation board is entirely made up of volunteers the problem is not enthusiasm or ambition, it is time and money, but hopefully through our research programme which interviews entrepreneurs over the years to analyse the effectiveness of the project methods, we will continue to improve and grow.
Why should others enter EEPA 2017? What advice would you give them?
Entering the national competition forces you to step outside of your project and learn how to: market it, develop a pitch and most of all make it interesting and inspirational for others. Inspiration is a very important part of EEPA work, it is what makes a project stand out. Aside from that, you should enter because it is fun! The whole process requires a lot of work and you need to invest the necessary time, but once that part is done you can really enjoy the experience of being in the competition.
What are your plans for the future?
Our vision is a global one, meaning that we want to expand on an international scale. The project is here to assist entrepreneurs that are almost failing and so far around 50% of those who have been helped have recovered and become successful. Being successful is having a good enterprise and being a good entrepreneur, and currently there is a very large group of hard working entrepreneurs in Europe that just need help, which is why we want to expand the project, so that we can provide that necessary support. The goal is to make success a possibility for as many entrepreneurs as possible. The current target in the Netherlands is to assist 1 000 entrepreneurs a year, now we want to turn that into helping 10 000 entrepreneurs across Europe every year.