The end of 2017 draws nearer, so what better time to look back on the exciting year we are soon to leave behind us! The Promoting Enterprise News Portal has been lucky enough to host several guest contributors, high profile interviews from the worlds of innovation and entrepreneurship, and of course be the ‘one stop shop’ for all European Enterprise Promotion Awards (EEPA) related content, amongst other topics.
We began the year by getting ready for the launch of EEPA 2017, looking back on the EEPA 2016 winners and finding out what the attendees of the SME Assembly 2016 thought about their time in Slovakia. The year continued on with the exciting launch of the 2017 edition of EEPA, during which we presented the shortlisted projects who went on to compete for European prizes. The standard of projects was extremely high and we would like to thank all of the National Coordinators for their hard work and dedication to their national campaigns.
The Youth Essay Competition also came back to Promoting Enterprise for a second edition, which attracted over triple the number of entries than last year. With many high quality entries coming from across Europe, and even beyond, the 2017 essay competition jury had a tough time choosing just three finalists for the shortlist. The finalists, Evlampia Karavangeli from Greece, Pavle Kostić from Serbia and Oksana Vedmidska from Ukraine, all impressed the jury with their answers to ‘What skills do tomorrow’s entrepreneurs need?’, which they went on to present at the biggest event of the year…the SME Assembly 2017. After a live audience vote, Oksana Vedmidska was chosen as this year’s winner.
This year’s SME Assembly was held in Tallinn, Estonia from 22-24 November 2017 and focused on encouraging us all to start, scale and spread our wings. If you missed it, read our daily posts (Day 1, Day 2, Day 3), have a look at our Instagram and watch the highlights video for coverage of this European flagship event for entrepreneurs, facilitators and innovative thinkers. There is also an SME Assembly conclusions post discussing the main results from Tallinn.
2017 has been a busy year with exciting developments, news, competitions and events. The Assembly continues to grow, European SME Week continues to excel and innovators continue to share their thoughts with us here on Promoting Enterprise. As we close a busy year, the whole Promoting Enterprise team would like to thank you for your support throughout 2017, we hope you enjoyed our posts and will continue to bring you more next year in 2018.
‘What skills do tomorrow’s entrepreneurs need?’, was the question that we posed to the youth of Europe for this year’s edition of the SME Youth Essay Competition.
Today, Promoting Enterprise is excited to present this year’s winner, Oksana Vedmidska from Ukraine! Oksana first impressed the Youth Essay Competition jury with her passionate essay and then went on to blow the audience away with her ideas at the SME Assembly 2017. Interested in what impressed the jury? Read her essay here and continue reading to find out more about her and her thoughts about the SME Assembly 2017.
Firstly, I decided to enter the competition, because entrepreneurship is a topic which is personal for me. Thanks to entrepreneurship, my family was able to survive difficult economic times in Ukraine in the 90s. Secondly, and this is probably because of the fact that my parents are involved in entrepreneurial activities, I myself adore the independence and passion that stands behind your freelance work or your own company.
In addition, this probably has something to do with my genes. I must admit that if one looks at Ukrainians from a historical perspective, they will see that we are used to being owners. This began from being owners of small agricultural plots, where we worked hard to cover the needs of our families. As a result we developed crucial skills like practical thinking, responsibility, independence and the ability to take risks – qualities and skills which are crucial for an entrepreneur. I believe Ukrainians inherited these skills and qualities and that is why we strive to establish our own small businesses/start-ups.
Thirdly, I considered the Youth Essay Competition to be a fantastic opportunity to spread my ideas and talk about problems and solutions concerning entrepreneurship that we face nowadays.
What did you think about the SME Assembly 2017?
The SME Assembly 2017 was characterised by an incredible spirit of innovation and what the future holds. I was very delighted to see that we spoke about digitalisation as one of the keys of entrepreneurial success. Somehow in our ordinary lives we do not notice the importance of this topic and do not discuss opportunities it gives and the risks it involves, but during the Assembly we were really able to recognise the importance of e-governing, e-commerce, data exchange etc. not only for entrepreneurs and customers but for the society as a whole.
Moreover, a highlight of the SME Assembly 2017 was probably social entrepreneurship. I cannot remember any project of the Ideas from Europe which did not have some significance for society. Somehow the final purpose of each start-up was to guarantee benefits to a human-being. To my mind, that is a big step in the business environment, when a person is not simply seen as a customer by a business, but as a human-being with different specialised needs. If I had an investment fund, I would definitely provide venture capital, not only with the purpose to obtain some gains, but also because successful implementation of a social business project would improve the environment our global society lives in, and in which our kids will continue to live.
The theme of this year’s SME Assembly was to ‘Start. Scale. Spread your wings’, what does that mean to you?
From a practical point of view, I would reinterpret it as ‘Develop an idea. Study your potential market niche. Write a business plan. And go for it, no matter what’. In my way of thinking, an entrepreneur is a dreamer, who respects the material bounds of our world. I would take this slogan and use it in schools to inspire teachers to change the old-fashioned science-oriented way we use to teach our children and also in order to motivate kids and adolescents to work on their entrepreneurial skills.
What is next for you? Any exciting plans to share?
Revealing personal plans is like revealing a sweet dream you had last night and since you want to keep the odds on your side you try to keep it secret… 🙂
In reality I am busy with my second degree that I have just started at the University of Applied Science of Darmstadt. So for the next 3 years I plan to study Information Law there. That is probably why all of my time will be devoted to studies, work and discussions concerning development and possibilities of improvement of our society. Anyway, we will see what is in store for me, one thing I know for sure is that there are still so many countries to visit, cultures and languages to learn, and experiences to gather and share, so I will not sit still!
That’s it for the 2017 finalists and winner! If you missed the finalist exclusive interviews be sure to read about Evlampia Karavangeli and Pavle Kostic on the News Portal. Where will these young finalists find themselves next? We will have to wait until 2018 to find out…
The Youth Essay Competition results are in! After a lot of deliberation and discussion, the Jury have selected their top three submissions who will go on to compete for first place at the SME Assembly 2017 in Tallinn!
So who wrote the top three submissions? Congratulations to:
Evlampia Karavangeli is 22 and from the small town of Drama in northern Greece. She is currently studying at the Democritus University of Thrace Medical School and is very enthusiastic about her studies. She is multilingual and speaks Greek, English and German and is also studying Spanish, which she combines with her love for sketching and literature.
Find out what her essay ‘Checkmate in Entrepreneurship’ is all about when she presents it live at the SME Assembly 2017 next month!
Oksana Vedmidska is from the small town of Pryluky, not far the Ukrainian capital of Kyiv. After finishing her studies in Technical Translation, she went on to work as a translator of medical texts, working in English, German and Russian. She then went on to win a scholarship that took her to Germany to study a Masters in the areas of dubbing, subtitling, audio descriptions for the blind, and easy language. Earlier this year she was also selected to represent her home country of Ukraine at the UN General Assembly in New York as a winner of the 2017 edition of the Many Languages One World competition.
What skills does Oksana think an entrepreneur needs? And why does she think “entrepreneurship is one of the most effective tools, which our global society has to transform the world into a better place”? We will find out during her live presentation in Tallinn in November!
Pavle Kostic is from Nova Pazova in Serbia and is currently in the third year of his Management studies at the University of Belgrade. He has been actively involved in several art, essay, photography and debate competitions, including the Serbian competition for ‘Best business ethics essay’ which he won in 2014.
What can we expect from Pavle’s essay ‘Ethics and a system as a prerequisite of regular competition’? Find out next month at the SME Assembly when he presents it live!
We would also like to thank all the other writers who submitted their work. This year the quality was very high and the Jury had a very difficult decision when narrowing it down to the top three. Be sure to follow Evlampia, Oksana and Pavle on their journey to Tallinn as they get ready for the live finale where the Youth Essay Competition 2017 winner will be revealed...
The Youth Essay Competition 2017 submission period is now closed. Thank you to all the participants for all your hard work! This year the competition is getting even tougher, with submissions from across 23 countries and triple the number of entries from 2016. This year the top three countries were Ukraine, Serbia and the United Kingdom. We also received entries from Russia, Egypt and Nigeria. Unfortunately we can only accept submissions from citizens of COSME countries, but thank you for sending us your ideas!
The Essay Competition jury will now deliberate and read through the entries to determine the top three submissions. These top three finalists will be announced right here on Promoting Enterprise and across all our social media in the middle of October, so make sure to follow us to be the first to know!
The final step of the competition involves a live finale in Tallinn at the SME Assembly 2017. Each of the three finalists will present their essay to the 500+ Assembly delegates and the winner will be selected via a public vote.
What could you win?
Each finalist will win an all-expenses paid trip to the SME Assembly 2017 in Tallinn, Estonia, be given special presentation training before the event and finally have their essay and ideas promoted right here on Promoting Enterprise and across all our social media.
Curious about who will be judging your entry? Meet the Jury!
Follow our social media so you don’t miss any news about the competition:
Ukraine launches the SME 2020 Strategy development process to boost a sustainable business environment in the country
The small and medium size enterprises (SMEs) are the driving force and the backbone of the European economy; they are critical in creating sustainable jobs, leading to growth and prosperity. Although in Ukraine the SME make up 99.9% of all registered enterprises in the country, there are limited possibilities for growth and competitiveness. All the stakeholders involved recognise that the situation of SMEs in the economy requires immediate and swift improvement. Only by providing the SME sector with the opportunity to unleash its full potential, can the country be set on its path to sustainable and inclusive economic growth.
To mark the launch of a comprehensive and viable SME 2020 Strategy development that will serve as a roadmap towards improved business environment, the Ministry of Economic Development and Trade of Ukraine (MEDT) commenced the stakeholder consultations on 17 November 2016. The development of the Strategy is underpinned by broad-based participatory approach and involvement of business community. The development of the Strategy is supported by the FORBIZ project within the EU4Business initiative. The stakeholder consultation on 17 November was launched by Stepan Kubiv, First Vice Prime Minister of Ukraine and Thomas Frellesen, Chargé d’Affaires of the Delegation of the European Union to Ukraine.
“Recognising the critical role of the SME sector in the economic growth, the EU Delegation to Ukraine supports the development of comprehensive and participatory SME 2020 Strategy of the Ukraine’s government via the EU4Business initiative. We welcome the joint, collaborative work of the Government and Ukrainian business community in defining the priorities and the best development scenario for improved SME environment in the country”, Thomas Frellesen, Charge d’Affaires of the Delegation of the European Union to Ukraine.
Although there have been some attempts to draft a SME Strategy in the past, the key to the success of SME 2020 Strategy development commenced by the MEDT is their focus on comprehensive and deeply analytic approach, compliance with the Small Business Act (SBA) and close involvement of the SME stakeholders – both public and private. It is important to emphasize that the business consultations for the first time have become an integral part of the SME Strategy development process.
The discussion between the Government and over 100 business community representatives on 17 November kick-started the round of consultations. It illustrates the first successful step in joint and collaborative approach to the SME Strategy development in Ukraine. Furthermore, the business community is involved in setting the country’s SME agenda that includes such important issues as access to finance, export opportunities and DCFTA, innovation and competitiveness, SME development in the regions and enhancement of entrepreneurial culture and skills.
The Public consultation on the Strategy priorities is taking place in support of the European SME Week, held in Ukraine for the first time. It denotes Ukraine’s commitment to SME development and demonstrates EU support towards sustainable SME development in the country.
The Stakeholder Consultation on 17 November kicks off a range of consultation events that are taking place from November 2016 till January 2017 and it underpins the development of the SME 2020 Strategy in Ukraine.
The Strategy will be accessible on the website of the Ministry of Economic Development and Trade, as of 30 November 2016.
For any additional information, please, contact Aiga Nebare via e-mail: email@example.com or tel: +380 (50) 520 42 93.