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Description
Challenge: Despite significant investment, young people in many regions still face systemic challenges to start, grow & sustain a business. This is intensified by the lack of documented evidence & learning on what kind of entrepreneurship support is most effective in different contexts, and a scarcity of tested & scalable models.
The main objective & expected results: to pilot the TbP Model and provide direct services to the target group in Greece, Italy, Spain and Poland;gather evidence and improve results and social impact of the model; to mobilize stakeholders and advocate for additional support for model scaling.
Outputs include research conducted report incl. data & evidence developed; TbP Model tested & improved; new assessment system proposed & used; methodology toolkit prepared; knowledge transfer workshops implemented; conferences organized. Accordingly, the main expected outcomes are:
- increased number of underserved youth return to training/education; found employment; and/or started entrepreneurial activity;
- organisations use the knowledge base of what works, where & why;
- increased number of stakeholders are aware of the TbP Model
Target groups/end beneficiaries:The project targets underserved youth (25-30yrs) who will benefit from dedicated & highly specialized financial & nonfinancial business development services, resulting from evidence-based research.
Transnational added value: interchange methodology & techniques, exchange of best practice and co-creation will lead to a transnational, repeatable & scalable support methodology proposition.
Measuring success: An appropriate system of assessing results, outcomes and -whenever possible- impact, with a focus on relevance, effectiveness, sustainability & cost-efficiency developed.
Expected sustainability: Results are expected to enable organisations mobilise public, private and philanthropic investments and advocate for better planning of EU funding, thus contributing to a better ecosystem.