The document discusses supporting youth entrepreneurship through public policy. It covers:
1) An OECD work program on inclusive entrepreneurship, including objectives, outputs, and ongoing work reviewing national youth entrepreneurship policies.
2) Data showing youth have high interest in entrepreneurship but low business creation rates, facing barriers like lack of skills and financing.
3) Key policy action areas to support youth entrepreneurship - building a supportive environment, improving skills, facilitating financing, and coordinating strategies.
4) Examples of good practices from Poland, Belgium, Slovenia, the UK, and Lithuania that deliver entrepreneurship training, financing, and networking to youth.
5) General principles for effective youth entrepreneurship
The OECD Policy Grid - Entrepreneurial skills | Access to finance | Instituti...OECD CFE
Presentation by Stuart Thompson, OECD LEED Policy Analyst, to guide the discussion at the seminar organised by the OECD LEED Trento Centre for the Officers of the Autonomous Province of Trento on 28 September 2015.
https://www.trento.oecd.org
Policies for SME innovation and SME financing - Marco MarcheseOECD CFE
Presentation by Marco Marchese, OECD LEED Policy Analyst,at the seminar organised by the OECD LEED Trento Centre for the Officers of the Autonomous Province of Trento on 22 October 2015.
https://www.trento.oecd.org
Evaluation of SME and entreprenuership programme - Jonathan Potter & Stuart T...OECD CFE
Presentation by Jonathan Potter, OECD LEED Senior Policy Analyst, and Stuart Thompson, OECD LEED Policy Analys, tat the seminar organised by the OECD LEED Trento Centre for the Officers of the Autonomous Province of Trento on 13 November 2015.
https://www.trento.oecd.org
Knowledge, Innovation & Entrepreneurship: The role of Universities - Andrea-R...OECD CFE
Presentation by Andrea-Rosalinde Hofer, OECD LEED Policy Analyst, at the seminar organised by the OECD LEED Trento Centre for the Officers of the Autonomous Province of Trento on 22 October 2015.
https://www.trento.oecd.org
Greater Manchester’s Early Years strategy- building the business caseOECD CFE
Presentation made during the last 11th Annual Meeting of the OECD LEED Forum on Partnerships and Local Development where local and national leaders, policy makers and practitioners discussed how inclusive growth can be built from the ground up.
The OECD Policy Grid - Entrepreneurial skills | Access to finance | Instituti...OECD CFE
Presentation by Stuart Thompson, OECD LEED Policy Analyst, to guide the discussion at the seminar organised by the OECD LEED Trento Centre for the Officers of the Autonomous Province of Trento on 28 September 2015.
https://www.trento.oecd.org
Policies for SME innovation and SME financing - Marco MarcheseOECD CFE
Presentation by Marco Marchese, OECD LEED Policy Analyst,at the seminar organised by the OECD LEED Trento Centre for the Officers of the Autonomous Province of Trento on 22 October 2015.
https://www.trento.oecd.org
Evaluation of SME and entreprenuership programme - Jonathan Potter & Stuart T...OECD CFE
Presentation by Jonathan Potter, OECD LEED Senior Policy Analyst, and Stuart Thompson, OECD LEED Policy Analys, tat the seminar organised by the OECD LEED Trento Centre for the Officers of the Autonomous Province of Trento on 13 November 2015.
https://www.trento.oecd.org
Knowledge, Innovation & Entrepreneurship: The role of Universities - Andrea-R...OECD CFE
Presentation by Andrea-Rosalinde Hofer, OECD LEED Policy Analyst, at the seminar organised by the OECD LEED Trento Centre for the Officers of the Autonomous Province of Trento on 22 October 2015.
https://www.trento.oecd.org
Greater Manchester’s Early Years strategy- building the business caseOECD CFE
Presentation made during the last 11th Annual Meeting of the OECD LEED Forum on Partnerships and Local Development where local and national leaders, policy makers and practitioners discussed how inclusive growth can be built from the ground up.
Apprendre par la pratique : Rôles, défis et opportunités / Learning from Practice : Roles, Challenges and Opportunities
Mr. Adrian HEALY, SmartSpec project, Cardiff University
Séminaire sur la Stratégie de Spécialisation Intelligente / S3 organisé par l'ANPR avec le support de l'UE les 17 et 18 mai 2016 à Hammamet.
Presentation made during the last 11th Annual Meeting of the OECD LEED Forum on Partnerships and Local Development where local and national leaders, policy makers and practitioners discussed how inclusive growth can be built from the ground up.
Scaling-up Social Enterprises as a tool for Public Service deliveryOECD CFE
Presentation made during the last 11th Annual Meeting of the OECD LEED Forum on Partnerships and Local Development where local and national leaders, policy makers and practitioners discussed how inclusive growth can be built from the ground up.
Presentation made during the last 11th Annual Meeting of the OECD LEED Forum on Partnerships and Local Development where local and national leaders, policy makers and practitioners discussed how inclusive growth can be built from the ground up.
Acting on skills locally: Building a skills strategy for leeds city regionOECD CFE
Presentation made during the last 11th Annual Meeting of the OECD LEED Forum on Partnerships and Local Development where local and national leaders, policy makers and practitioners discussed how inclusive growth can be built from the ground up.
Using skills - increasing job quality and opportunities for progression - Boy...OECD CFE
Presentation by Boyd WOOD, Strategy Manager – Localism, Department for Work & Pensions, United Kingdom from the OECD capacity building seminar “A workforce for the future - Designing strong local strategies for better jobs and skills”, 28-29 Nov 2017, Venice, Italy.
More information: http://oe.cd/CBSVenice2018
I b - marchese leveraging training and skills development in sm-esOECD CFE
The upgrading of workforce skills is key to the competitiveness of SMEs. In today’s business environment there is a premium on innovation that enables firms to develop new products and services, new production processes and new business models. This requires both in-house innovation and the ability to absorb knowledge from other firms and organisations, both of which call for a skilled labour force. Skills are also a critical but understated resource for entrepreneurship seen in the sense of business creation. Similarly to workforce skills, entrepreneurship skills will boost the competitiveness of local businesses thanks to the improved strategic and management competences of the entrepreneur.
Greater London Authority - an overview of LondonOECD CFE
Presentation made during the last 11th Annual Meeting of the OECD LEED Forum on Partnerships and Local Development where local and national leaders, policy makers and practitioners discussed how inclusive growth can be built from the ground up.
Insights from the OECD’s work on early childhood education and careOECD CFE
Presentation made during the last 11th Annual Meeting of the OECD LEED Forum on Partnerships and Local Development where local and national leaders, policy makers and practitioners discussed how inclusive growth can be built from the ground up.
03 - Le Chemin de l’Union Européenne vers la Spécialisation IntelligenteMohamed Larbi BEN YOUNES
Le Chemin de l’Union Européenne vers la Spécialisation Intelligente / The European Union's Approach to Smart Specialisation
Mr. Alessandro RAINOLDI, IPTS, Directorate-General (DG) Joint Research Centre (JRC), European Commission (EC)
Séminaire sur la Stratégie de Spécialisation Intelligente / S3 organisé par l'ANPR avec le support de l'UE les 17 et 18 mai 2016 à Hammamet.
Engaging employers in skills development - Ekaterina TRAVKINAOECD CFE
Presentation by Ekaterina TRAVKINA, Manager, OECD LEED Forum on Partnerships and Local Governance from the OECD capacity building seminar “A workforce for the future - Designing strong local strategies for better jobs and skills”, 28-29 Nov 2017, Venice, Italy.
More information: http://oe.cd/CBSVenice2018
04 - Le rôle du capital humain : éléments clés pour le développement régional...Mohamed Larbi BEN YOUNES
Le rôle du capital humain : éléments clés pour le développement régional innovant / The role of human capital : key elements for innovative regional development
Ms. Siria TAURELLI, Senior Specialist in Vocational and Education Training Policies and Systems, European Training Foundation
Séminaire sur la Stratégie de Spécialisation Intelligente / S3 organisé par l'ANPR avec le support de l'UE les 17 et 18 mai 2016 à Hammamet.
This presentation by the OECD was made during workshop on responsible business conduct held on 17 September 2015 in Kyiv, Ukraine. This workshop was held to share information with the Ukrainian authorities about the obligations of governments under the OECD Declaration on International Investment and Multinational Enterprises.
For more information, visit http://mneguidelines.oecd.org/ukraine-rbc-workshop-2015.htm
This presentation was part of the NCVO event - 'It's Our Community research workshop - East of England'.
This event was organised by NCVO, BIG Society CIC and Peterborough Council for Voluntary Service, to look at how European funding has been used to fund community-led solutions to local problems, and explore how this funding might be used in the future.
Ingrid Gardiner (EU manager) gave a presentation on European Structural and Investment Funds : Community Grants. NCVO co-ordinates the European Funding Network.
You can find out more about NCVO events on the European Funding Network website: http://europeanfundingnetwork.eu/events/ncvo-event
Understanding barriers to youth entrepreneurship as a career choice for youth...Masum Hussain
People say this is the age of business as it is backed by sophisticated technologies, blessed by loads of relevant information. & in this business age the young people are leading from the front as entrepreneurs. Wherever you go from Silicon Valley to Middle East young talents are making significant marks in creating new businesses even sometime more efficiently than the older experienced people. Think of Mark Zukerbourgh, or Michael Yung, they are shaking the world with their innovational business ventures, & people like them are at speed in growing. Different studies provide proof that the young people are the greatest contributors in the arena of business.
Sylhet is a division & a major city of North Eastern area of Bangladesh. This city is rapidly growing than the other cities of this country because of her peoples increasing purchasing power as the area is booming with business projects, a lots of liquid money is in the hands of the peoples as a result of remittance provided by the people living abroad. As we know many people of this area lives in different wealthy country of the world mainly in the United Kingdom (as we know in London there is a town named ‘ Bangla Town’ mainly inhabited by the Sylheties) & middle east many families have enough money in hand almost all the time. Problem with the Sylheti’s is that though they have money they are not interested in investing them in the country for business purpose as most of them are risk averse , & do not know the ABC of business.
Apprendre par la pratique : Rôles, défis et opportunités / Learning from Practice : Roles, Challenges and Opportunities
Mr. Adrian HEALY, SmartSpec project, Cardiff University
Séminaire sur la Stratégie de Spécialisation Intelligente / S3 organisé par l'ANPR avec le support de l'UE les 17 et 18 mai 2016 à Hammamet.
Presentation made during the last 11th Annual Meeting of the OECD LEED Forum on Partnerships and Local Development where local and national leaders, policy makers and practitioners discussed how inclusive growth can be built from the ground up.
Scaling-up Social Enterprises as a tool for Public Service deliveryOECD CFE
Presentation made during the last 11th Annual Meeting of the OECD LEED Forum on Partnerships and Local Development where local and national leaders, policy makers and practitioners discussed how inclusive growth can be built from the ground up.
Presentation made during the last 11th Annual Meeting of the OECD LEED Forum on Partnerships and Local Development where local and national leaders, policy makers and practitioners discussed how inclusive growth can be built from the ground up.
Acting on skills locally: Building a skills strategy for leeds city regionOECD CFE
Presentation made during the last 11th Annual Meeting of the OECD LEED Forum on Partnerships and Local Development where local and national leaders, policy makers and practitioners discussed how inclusive growth can be built from the ground up.
Using skills - increasing job quality and opportunities for progression - Boy...OECD CFE
Presentation by Boyd WOOD, Strategy Manager – Localism, Department for Work & Pensions, United Kingdom from the OECD capacity building seminar “A workforce for the future - Designing strong local strategies for better jobs and skills”, 28-29 Nov 2017, Venice, Italy.
More information: http://oe.cd/CBSVenice2018
I b - marchese leveraging training and skills development in sm-esOECD CFE
The upgrading of workforce skills is key to the competitiveness of SMEs. In today’s business environment there is a premium on innovation that enables firms to develop new products and services, new production processes and new business models. This requires both in-house innovation and the ability to absorb knowledge from other firms and organisations, both of which call for a skilled labour force. Skills are also a critical but understated resource for entrepreneurship seen in the sense of business creation. Similarly to workforce skills, entrepreneurship skills will boost the competitiveness of local businesses thanks to the improved strategic and management competences of the entrepreneur.
Greater London Authority - an overview of LondonOECD CFE
Presentation made during the last 11th Annual Meeting of the OECD LEED Forum on Partnerships and Local Development where local and national leaders, policy makers and practitioners discussed how inclusive growth can be built from the ground up.
Insights from the OECD’s work on early childhood education and careOECD CFE
Presentation made during the last 11th Annual Meeting of the OECD LEED Forum on Partnerships and Local Development where local and national leaders, policy makers and practitioners discussed how inclusive growth can be built from the ground up.
03 - Le Chemin de l’Union Européenne vers la Spécialisation IntelligenteMohamed Larbi BEN YOUNES
Le Chemin de l’Union Européenne vers la Spécialisation Intelligente / The European Union's Approach to Smart Specialisation
Mr. Alessandro RAINOLDI, IPTS, Directorate-General (DG) Joint Research Centre (JRC), European Commission (EC)
Séminaire sur la Stratégie de Spécialisation Intelligente / S3 organisé par l'ANPR avec le support de l'UE les 17 et 18 mai 2016 à Hammamet.
Engaging employers in skills development - Ekaterina TRAVKINAOECD CFE
Presentation by Ekaterina TRAVKINA, Manager, OECD LEED Forum on Partnerships and Local Governance from the OECD capacity building seminar “A workforce for the future - Designing strong local strategies for better jobs and skills”, 28-29 Nov 2017, Venice, Italy.
More information: http://oe.cd/CBSVenice2018
04 - Le rôle du capital humain : éléments clés pour le développement régional...Mohamed Larbi BEN YOUNES
Le rôle du capital humain : éléments clés pour le développement régional innovant / The role of human capital : key elements for innovative regional development
Ms. Siria TAURELLI, Senior Specialist in Vocational and Education Training Policies and Systems, European Training Foundation
Séminaire sur la Stratégie de Spécialisation Intelligente / S3 organisé par l'ANPR avec le support de l'UE les 17 et 18 mai 2016 à Hammamet.
This presentation by the OECD was made during workshop on responsible business conduct held on 17 September 2015 in Kyiv, Ukraine. This workshop was held to share information with the Ukrainian authorities about the obligations of governments under the OECD Declaration on International Investment and Multinational Enterprises.
For more information, visit http://mneguidelines.oecd.org/ukraine-rbc-workshop-2015.htm
This presentation was part of the NCVO event - 'It's Our Community research workshop - East of England'.
This event was organised by NCVO, BIG Society CIC and Peterborough Council for Voluntary Service, to look at how European funding has been used to fund community-led solutions to local problems, and explore how this funding might be used in the future.
Ingrid Gardiner (EU manager) gave a presentation on European Structural and Investment Funds : Community Grants. NCVO co-ordinates the European Funding Network.
You can find out more about NCVO events on the European Funding Network website: http://europeanfundingnetwork.eu/events/ncvo-event
Understanding barriers to youth entrepreneurship as a career choice for youth...Masum Hussain
People say this is the age of business as it is backed by sophisticated technologies, blessed by loads of relevant information. & in this business age the young people are leading from the front as entrepreneurs. Wherever you go from Silicon Valley to Middle East young talents are making significant marks in creating new businesses even sometime more efficiently than the older experienced people. Think of Mark Zukerbourgh, or Michael Yung, they are shaking the world with their innovational business ventures, & people like them are at speed in growing. Different studies provide proof that the young people are the greatest contributors in the arena of business.
Sylhet is a division & a major city of North Eastern area of Bangladesh. This city is rapidly growing than the other cities of this country because of her peoples increasing purchasing power as the area is booming with business projects, a lots of liquid money is in the hands of the peoples as a result of remittance provided by the people living abroad. As we know many people of this area lives in different wealthy country of the world mainly in the United Kingdom (as we know in London there is a town named ‘ Bangla Town’ mainly inhabited by the Sylheties) & middle east many families have enough money in hand almost all the time. Problem with the Sylheti’s is that though they have money they are not interested in investing them in the country for business purpose as most of them are risk averse , & do not know the ABC of business.
The aim of this High-Level Capacity Building Seminar is have an international exchange of information on inclusive entrepreneurship actions across the European Union and on how the European Union Structural Funds can be used to support actions that combine entrepreneurship promotion and social inclusion.
Ways to improve Social enterpreurship in Ethiopian Dairy Farming Daniel Temesgen Gelan
Improve Dairy extension services for farmers on quality milk production and animal health care
Focus on youth Entrepreneurship in dairy (Youth movement in dairy reduced antibiotic use/organic farming )
In January 2011, Buzz Marketing Group, in partnership with the Young Entrepreneur Council, conducted a study on youth entrepreneurship. The goals of the study were to:
• Establish some initial metrics around youth and entrepreneurship
• To understand the support system sustaining young entrepreneurs
• To understand if youth entrepreneurship is a viable solution to the nation’s youth unemployment issue
What follows is a synopsis of that study. This is the first of many studies that we will conduct on this subject throughout the year. Subsequent studies will delve deeper into issues affecting minorities, female entrepreneurs, and even the emerging demographic of mompreneurs. Through this study, we also discovered an emerging group we’ve dubbed the “sidepreneurs,” and we will also be conducting follow-ups with this group as well.
Every startup begins with an idea. This is a talk on how to come up with startup ideas and how to use validation to pick the ones worth working on. It's based on the book "Hello, Startup" (http://www.hello-startup.net/). You can find the video of the talk here: https://www.youtube.com/watch?v=GkmiE8d_5Pw
Retail banks around the world are facing intense margin pressure, slow
balance sheet growth, an uncertain economic outlook and a growing
threat from new entrants, especially in the payments arena. Banks are
also confronted with growing regulatory costs and increasing demands
for greater fairness and clarity in their interactions with customers.
• Seeking Full-Time Job as a Graphic Designer/ Visual Designer/ UI Designer.
• Experienced Graphic/Visual Designer with overall 4 years of experience in User Interface Design, Typography, Layout, Illustrations, and Motion Graphics.
• Experienced in working in a time bound Research and Development field.
• Experienced in leading and managing design teams.
• Apart from being a Graphic/Visual Designer, specialized experience in Printed Electronics/Flexible Electronics.
• Experienced in designing user interfaces for apps and desktop websites (web, iOS, Android), branding and marketing designs, product catalog brochures and magazine layouts.
• Certifications:
o Information Design
o User Experience: Research & Prototyping
o Human Centered Design
o Graphic Design
• Software Skills:
o Adobe Photoshop
o Adobe Illustrator
o Adobe Experience Design
o Adobe After Effects
o CorelDraw
o Adobe InDesign
o InVision (Prototyping)
This is a compilation of slides supplied by participants at the 3rd OECD-GFLEC Global Policy research Symposium to Advance Financial Literacy "Harnessing Financial Education to Spur Entrepreneurship and Innovation" which cutting-edge policy issues and identify key research directions, as well as practical solutions, with a view to advancing financial literacy for micro, small and medium-sized enterprises (MSMEs). Find out more at http://www.oecd.org/daf/fin/financial-education/3rdglobalpolicyresearchsymposiumtoadvancefinancialliteracy.htm
The aim of this High-Level Capacity Building Seminar is have an international exchange of information on inclusive entrepreneurship actions across the European Union and on how the European Union Structural Funds can be used to support actions that combine entrepreneurship promotion and social inclusion.
Preconditions for the social entrepreneurship developmentsAlianta INFONET
Workshop 2: Serbia – Social entrepreneurship and sustainability
Belgrad – Study Tour (28.02-03.03.2012)
The project „Overcoming the Digital Divide: Access for Rural Communities” / „Incluziunea digitală a comunităților rurale”
Presentations from the December 5th seminar held at the LSE on women's economic empowerment through savings groups and business skills training. The seminar centred on NGO partnership between CARE International and Hand in Hand International in Rwanda.
Speaker presentations are by Care International, Hand in Hand International, Credit Suisse and Sparkassenstiftung für internationale Kooperation e.V.
The need for the development of support services for Social Cooperative Enter...Antonis Vorloou
Presentation at the 3rd INTERNATIONAL CONFERENCE ON QUANTITATIVE AND QUALITATIVE METHODOLOGIES IN THE ECONOMIC AND ADMINISTRATIVE SCIENCES
ATHENS MAY 23-24, 2013
Servizio Civile Universale - Serena SUSIGANOECD CFE
Presentazione di Serena Susigan, Direttrice, ENDO-FAP, Servizio Civile Universale Don Orione, Liguria, all'evento OCSE "Scegliere il Servizio Civile Universale: un dialogo sulle opportunità di impiego dei giovani in Italia", tenutosi a Trento il 6 febbraio 2024.
Maggiori informazioni: https://www.oecd.org/cfe/leed/oecd-ucs-6-feb.htm
Servizio Civile Universale - Federica DE LUCAOECD CFE
Presentazione di Federica De Luca, Ricercatrice all’Istituto Nazionale per l’Analisi delle Politiche Pubbliche (INAPP), Referente di progetto “Monitoraggio e Valutazione del Servizio Civile Universale”, all'evento OCSE "Scegliere il Servizio Civile Universale: un dialogo sulle opportunità di impiego dei giovani in Italia", tenutosi a Trento il 6 febbraio 2024.
Maggiori informazioni: https://www.oecd.org/cfe/leed/oecd-ucs-6-feb.htm
Servizio Civile Universale - Cristina PASCHETTAOECD CFE
Presentazione di Cristina Paschetta, Responsabile Progettazione, gestione bandi e volontari, accreditamento nuove sedi, Consorzio Monviso solidale, Piemonte, all'evento OCSE "Scegliere il Servizio Civile Universale: un dialogo sulle opportunità di impiego dei giovani in Italia", tenutosi a Trento il 6 febbraio 2024.
Maggiori informazioni: https://www.oecd.org/cfe/leed/oecd-ucs-6-feb.htm
FDI and Superstar Spillovers: Evidence from Firm-to-Firm Transactions - Amit...OECD CFE
FDI and Superstar Spillovers: Evidence from Firm-to-Firm Transactions
Mary AMITI (FED New York, United States)
Despite competition concerns over the increasing dominance of global corporations, many argue that productivity spillovers from multinationals to domestic firms justify pro-FDI policies. For the first time, we use firm-to-firm transaction data in a developed country to examine the impact of forming a new relationship with a multinational, and find a TFP increase of about 8% three or more years after the event. Sales to other buyers, trade and customer quality also increase. However, we also document that starting to supply other “superstar firms” such as those who heavily export or are very large also increases performance by similar amounts, even if the superstar is a non-multinational. Placebos on starting relationships with smaller firms and novel identification strategies relying solely on demand shocks to superstar firms support a causal interpretation. In addition to productivity spillovers, we document the transmission of “relationship capabilities” and “dating agency” effects as the increase in new buyers is particularly strong within the superstar firm’s existing network. These results suggest an important role for raising productivity through the supply chains of superstar firms regardless of their multinational status.
Find out more at https://oe.cd/spl-mtg
E-invoicing data for functional territories definition: the use case of pharm...OECD CFE
E-invoicing data for functional territories definition: the use case of pharmacies
Maria AURINDO (National Institute of Statistics, Portugal)
The presentation illustrates how a new Business-to-Consumer (B2C) database extracted from the Portuguese E-invoice system can be an important tool to explore the functional territories concept taking the pharmacies catchment areas as an example. The discussion addresses data integration methodological options and how Statistics Portugal infrastructural information domains – Business register, Building and fraction register and Population register – were crucial for this exercise, developed within the CE-SIG – Map of facilities and services project.
Find out more at https://oe.cd/spl-mtg
Mapping location and co-location of industries at the neighborhood level - A...OECD CFE
Mapping location and co-location of industries at the neighborhood level
Alessandro ALASIA, Dennis HUYNH (Statistics Canada)
In Canada, there is limited analysis on industry locations at the neighbourhood level; location and co-location of industries have been assessed primarily at the regional scale which results in an information gap for businesses. Recent evidence suggests that businesses do not just choose a city for their location, they choose specific business districts within a metropolitan area. Recent improvements in the geolocation of business microdata allow to address the information gap. This work, undertaken as part of the Business Data Lab and in collaboration with the Canadian Chamber of Commerce, is a first attempt to map industry locations at the neighbourhood level in major metropolitan areas of Canada. Using establishment-level microdata from the Business Register, we apply spatial kernel density estimations to identify neighbourhoods with high employment/revenue density for selected industries (2-digit NAICS) and industry clusters (grouping of 6-digits NAICS). The geographic delineation of business districts within metropolitan areas is the first step in understanding the evolution of industry location and co-location over time, and assessing local business dynamics at the neighbourhood level. Ultimately, these business districts can be analyzed in combination with additional data sources (e.g., mobility and road traffic) to derive further economic insights.
Find out more at https://oe.cd/spl-mtg
Advancing and democratizing business data in Canada- Patrick Gill & Stephen TappOECD CFE
Democratizing data through innovative data governance and visualizations
Patrick GILL, Stephen TAPP (Chambers of Commerce, Canada)
Small organizations in Canada struggle with accessing and leveraging data on business conditions and trends. These organizations have expressed difficulty in knowing what is available, accessing it and converting this information into actionable insights. To empower small organizations with more business-related information and insights, the Canadian Chamber of Commerce has built a suite of free tools that merge and visualize traditional statistics with powerful high-frequency data sets (e.g. payments and mobility). This work is enabled by innovate data governance (e.g. a data trust) and a collaborative partnership with Statistics Canada. The Canadian Chamber of Commerce is continuing work with Statistics Canada to release more local business information available through the agency’s Business Register (e.g. the mapping of local business districts), and is exploring how Generative AI can support small organizations’ navigation and understanding of the business information it has curated.
Find out more at https://oe.cd/spl-mtg
Firm-level production networks: evidence from Estonia - Louise GuillouetOECD CFE
The market microstructure of industrial ecosystems in the digital and green transitions: evidence from Estonia
Louise GUILLOUET (Science, Technology and Innovation Directorate, OECD)
Thanks to a unique combination of administrative and survey data matched to the Estonian VAT data, this project studies how information on transaction data can shed light on industrial policy making, through two different angles: 1/ Improving the understanding of the production network, industrial ecosystems and the relevant unit of analysis for industrial policy design and 2/ An application to the diffusion of the green and digital transitions, showing the role of production network in technology diffusion and how this can be leveraged to increase policy effectiveness.
Find out more at https://oe.cd/spl-mtg
Horizon 2020 - research networks across borders - Rupert KawkaOECD CFE
Involvement of rural regions in European research networks
Rupert KAWKA, Torsten SCHUNDER (Federal Office for Building and regional Planning, Germany)
This study investigates the distribution of the European Union's Horizon 2020 funding programme on rural and urban regions between 2014 and 2020 and the resulting urban-rural links. Leveraging the Horizon 2020-database covering the 2014-20 programming period, which encompasses data on approximately 35,000 funded projects involving nearly 180,000 partners, the paper explores the participation of rural firms and organisations in the broader European research framework. By integrating the urban-rural classification of NUTS 3 regions, the research addresses key questions concerning the involvement of rural regions in Horizon 2020 projects, the structural differences in projects with and without rural participation, and the dynamics of urban-rural collaboration in research. The study further aims to identify potential clusters of rural innovation hubs across Europe and assess spatial disparities.
Find out more at https://oe.cd/spl-mtg
How can the social and solidarity economy help refugees along their journey?OECD CFE
Forcibly displaced people fleeing violent conflict and other forms of persecution find support from the social and solidarity economy (SSE) along their pathways, from their country of origin to asylum protection. The numbers are growing and new OECD work sheds light on how the specific values and characteristics of SSE entities provide high-quality responses to refugee needs and facilitate integration in host communities.
The SSE can support access to rights, empowerment, social and labour market inclusion of refugees. Join this webinar with the UNHCR, SINGA and NESsT Poland to discover how the SSE plays a role in the steps along the way of refugee’s journey.
Data-driven regional productivity scorecards in the United Kingdom - Raquel O...OECD CFE
Presentation by Raquel Ortega-Argilés, Professor of Economics, Manchester University and Director of the Productivity Laboratory, The Productivity Institute, United Kingdom at the 21st OECD Spatial Productivity Lab meeting on "Rebooting regional productivity: from analysis to policy", held in virtual format on 18 October 2023.
This webinar focused on recent initiatives from the Basque Country in Spain, the United Kingdom, and Trentino in Italy, where the analysis of subnational economic data is used to compare productivity performance across regions, understand which economic and social factors drive regional productivity, and how regional productivity links to other economic and social outcomes.
More OECD information: https://oe.cd/SPL
Visit our website: www.oecd.org/cfe
Follow us on Twitter: @OECD_local
Competitiveness for Wellbeing - Basque Country - James Wilson.pdfOECD CFE
Presentation by James Wilson, Research Director, Orkestra, Basque Institute for Competitiveness, Spain at the 21st OECD Spatial Productivity Lab meeting on "Rebooting regional productivity: from analysis to policy", held in virtual format on 18 October 2023.
This webinar focused on recent initiatives from the Basque Country in Spain, the United Kingdom, and Trentino in Italy, where the analysis of subnational economic data is used to compare productivity performance across regions, understand which economic and social factors drive regional productivity, and how regional productivity links to other economic and social outcomes.
More OECD information: https://oe.cd/SPL
Visit our website: www.oecd.org/cfe
Follow us on Twitter: @OECD_local
The productivity board of the autonomous province of Trento - Carlo Menon.pdfOECD CFE
Presentation by Carlo Menon, Economist, Trento Centre for Local Development, CFE, OECD at the 21st OECD Spatial Productivity Lab meeting on "Rebooting regional productivity: from analysis to policy", held in virtual format on 18 October 2023.
This webinar focused on recent initiatives from the Basque Country in Spain, the United Kingdom, and Trentino in Italy, where the analysis of subnational economic data is used to compare productivity performance across regions, understand which economic and social factors drive regional productivity, and how regional productivity links to other economic and social outcomes.
More OECD information: https://oe.cd/SPL
Visit our website: www.oecd.org/cfe
Follow us on Twitter: @OECD_local
Rafforzare il partenariato e la cooperazione internazionale in Friuli Venezia...OECD CFE
Presentazione di Mattia Corbetta, Policy Analyst al Centro OCSE di Trento per lo Sviluppo Locale per il lancio del rapporto OCSE "Rafforzare il partenariato e la cooperazione internazionale in Friuli Venezia Giulia", 4 ottobre 2023, Trieste.
Maggiori informazioni www.trento.oecd.org
Immersive technologies and new audiences for classical ballet-RogersOECD CFE
Presentation by Tom Rogers, Creative Digital Producer, Birmingham Royal Ballet, United Kingdom at the 6th Summer Academy on Cultural and Creative Industries and Local Development "Disrupting tradition: How digital technology is changing the cultural and creative processes", 18-20 Sept. 2023 ONLINE and 27-29 Sept. 2023 ONSITE (Trento, Italy).
More info: https://oe.cd/sacci
Visit our website: www.oecd.org/cfe
Follow us on Twitter: @OECD_local
Data-driven art residencies to reshape the media value chain-BlotOECD CFE
Presentation by Manon Blot, Project Manager, Cultural and Artistic activities and EU projects, France at the 6th Summer Academy on Cultural and Creative Industries and Local Development "Disrupting tradition: How digital technology is changing the cultural and creative processes", 18-20 Sept. 2023 ONLINE and 27-29 Sept. 2023 ONSITE (Trento, Italy).
More info: https://oe.cd/sacci
Visit our website: www.oecd.org/cfe
Follow us on Twitter: @OECD_local
Presentation by Lara Assi, United Kingdom, & Natalie Lama, Jordan at the 6th Summer Academy on Cultural and Creative Industries and Local Development "Disrupting tradition: How digital technology is changing the cultural and creative processes", 18-20 Sept. 2023 ONLINE and 27-29 Sept. 2023 ONSITE (Trento, Italy).
More info: https://oe.cd/sacci
Visit our website: www.oecd.org/cfe
Follow us on Twitter: @OECD_local
Presentation by Harry Verwayen, General Director, Europeana Foundation, the Netherlands at the 6th Summer Academy on Cultural and Creative Industries and Local Development "Disrupting tradition: How digital technology is changing the cultural and creative processes", 18-20 Sept. 2023 ONLINE and 27-29 Sept. 2023 ONSITE (Trento, Italy).
More info: https://oe.cd/sacci
Visit our website: www.oecd.org/cfe
Follow us on Twitter: @OECD_local
Russian anarchist and anti-war movement in the third year of full-scale warAntti Rautiainen
Anarchist group ANA Regensburg hosted my online-presentation on 16th of May 2024, in which I discussed tactics of anti-war activism in Russia, and reasons why the anti-war movement has not been able to make an impact to change the course of events yet. Cases of anarchists repressed for anti-war activities are presented, as well as strategies of support for political prisoners, and modest successes in supporting their struggles.
Thumbnail picture is by MediaZona, you may read their report on anti-war arson attacks in Russia here: https://en.zona.media/article/2022/10/13/burn-map
Links:
Autonomous Action
http://Avtonom.org
Anarchist Black Cross Moscow
http://Avtonom.org/abc
Solidarity Zone
https://t.me/solidarity_zone
Memorial
https://memopzk.org/, https://t.me/pzk_memorial
OVD-Info
https://en.ovdinfo.org/antiwar-ovd-info-guide
RosUznik
https://rosuznik.org/
Uznik Online
http://uznikonline.tilda.ws/
Russian Reader
https://therussianreader.com/
ABC Irkutsk
https://abc38.noblogs.org/
Send mail to prisoners from abroad:
http://Prisonmail.online
YouTube: https://youtu.be/c5nSOdU48O8
Spotify: https://podcasters.spotify.com/pod/show/libertarianlifecoach/episodes/Russian-anarchist-and-anti-war-movement-in-the-third-year-of-full-scale-war-e2k8ai4
This session provides a comprehensive overview of the latest updates to the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (commonly known as the Uniform Guidance) outlined in the 2 CFR 200.
With a focus on the 2024 revisions issued by the Office of Management and Budget (OMB), participants will gain insight into the key changes affecting federal grant recipients. The session will delve into critical regulatory updates, providing attendees with the knowledge and tools necessary to navigate and comply with the evolving landscape of federal grant management.
Learning Objectives:
- Understand the rationale behind the 2024 updates to the Uniform Guidance outlined in 2 CFR 200, and their implications for federal grant recipients.
- Identify the key changes and revisions introduced by the Office of Management and Budget (OMB) in the 2024 edition of 2 CFR 200.
- Gain proficiency in applying the updated regulations to ensure compliance with federal grant requirements and avoid potential audit findings.
- Develop strategies for effectively implementing the new guidelines within the grant management processes of their respective organizations, fostering efficiency and accountability in federal grant administration.
A process server is a authorized person for delivering legal documents, such as summons, complaints, subpoenas, and other court papers, to peoples involved in legal proceedings.
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
Many ways to support street children.pptxSERUDS INDIA
By raising awareness, providing support, advocating for change, and offering assistance to children in need, individuals can play a crucial role in improving the lives of street children and helping them realize their full potential
Donate Us
https://serudsindia.org/how-individuals-can-support-street-children-in-india/
#donatefororphan, #donateforhomelesschildren, #childeducation, #ngochildeducation, #donateforeducation, #donationforchildeducation, #sponsorforpoorchild, #sponsororphanage #sponsororphanchild, #donation, #education, #charity, #educationforchild, #seruds, #kurnool, #joyhome
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
Up the Ratios Bylaws - a Comprehensive Process of Our Organizationuptheratios
Up the Ratios is a non-profit organization dedicated to bridging the gap in STEM education for underprivileged students by providing free, high-quality learning opportunities in robotics and other STEM fields. Our mission is to empower the next generation of innovators, thinkers, and problem-solvers by offering a range of educational programs that foster curiosity, creativity, and critical thinking.
At Up the Ratios, we believe that every student, regardless of their socio-economic background, should have access to the tools and knowledge needed to succeed in today's technology-driven world. To achieve this, we host a variety of free classes, workshops, summer camps, and live lectures tailored to students from underserved communities. Our programs are designed to be engaging and hands-on, allowing students to explore the exciting world of robotics and STEM through practical, real-world applications.
Our free classes cover fundamental concepts in robotics, coding, and engineering, providing students with a strong foundation in these critical areas. Through our interactive workshops, students can dive deeper into specific topics, working on projects that challenge them to apply what they've learned and think creatively. Our summer camps offer an immersive experience where students can collaborate on larger projects, develop their teamwork skills, and gain confidence in their abilities.
In addition to our local programs, Up the Ratios is committed to making a global impact. We take donations of new and gently used robotics parts, which we then distribute to students and educational institutions in other countries. These donations help ensure that young learners worldwide have the resources they need to explore and excel in STEM fields. By supporting education in this way, we aim to nurture a global community of future leaders and innovators.
Our live lectures feature guest speakers from various STEM disciplines, including engineers, scientists, and industry professionals who share their knowledge and experiences with our students. These lectures provide valuable insights into potential career paths and inspire students to pursue their passions in STEM.
Up the Ratios relies on the generosity of donors and volunteers to continue our work. Contributions of time, expertise, and financial support are crucial to sustaining our programs and expanding our reach. Whether you're an individual passionate about education, a professional in the STEM field, or a company looking to give back to the community, there are many ways to get involved and make a difference.
We are proud of the positive impact we've had on the lives of countless students, many of whom have gone on to pursue higher education and careers in STEM. By providing these young minds with the tools and opportunities they need to succeed, we are not only changing their futures but also contributing to the advancement of technology and innovation on a broader scale.
Presentation by Jared Jageler, David Adler, Noelia Duchovny, and Evan Herrnstadt, analysts in CBO’s Microeconomic Studies and Health Analysis Divisions, at the Association of Environmental and Resource Economists Summer Conference.
Effects of Extreme Temperatures From Climate Change on the Medicare Populatio...
Supporting Youth in Entrepreneurship - David Halabisky
1. SUPPORTING YOUTH IN
ENTREPRENEURSHIP
LEED Trento Centre
28 September 2015
David Halabisky
Local Economic and Employment Development Programme
OECD
david.halabisky@oecd.org
2. Agenda
1. Work programme on Inclusive Entrepreneurship
a. Objectives
b. Outputs
c. Ongoing work
2. Youth entrepreneurship in numbers
a. The challenge
b. Interest
c. Activity levels
d. Barriers
3. Key action areas for public policy
a. Build a supportive institutional environment
b. Improve entrepreneurship skills
c. Facilitate access to finance
d. Developing strategies and co-ordination
4. Principles for youth entrepreneurship support
4. Objectives:
1. Present data on the state of self-employment and
entrepreneurship activities by under-represented social
groups (e.g. women, youth, seniors, the unemployed,
migrants, people with disabilities).
2. Examine existing policies, recent developments and areas for
improvement.
3. Build capacities of policy makers at national and local levels
for policy designs and implementation.
Outputs to date:
• 9 Policy briefs
• 2 Annual reports (2015 forthcoming)
• 3 Capacity building seminars
Inclusive entrepreneurship
6. Annual reports: The Missing Entrepreneurs
The Missing Entrepreneurs 2015 will be available on 23 November
7. 1. Youth entrepreneurship reviews:
– 3 national case study projects in Italy, Lithuania and Spain
2. Rapid policy assessments:
– Latvia, Poland, Slovenia, Netherlands, Hungary, Germany,
Belgium, Finland, Portugal
3. Compendium of good practices:
– 20 in-depth good practices
– Identify key principles of good policy design
– Published early 2016
Ongoing work
9. The challenge: Unemployment rates, 2014
• Youth unemployment rates are double the rate for adults in most
Member States.
Source: Eurostat LFS
0
10
20
30
40
50
60
% Adults (15-64 years old) Youth (15-24 years old)
10. Perceptions and feasibility, 2012
• 45% of youth have a preference for self-employment and 41%
believe that it is feasible to be self-employed in the next 5 years.
Source: EC (2013), “Entrepreneurship in the EU and Beyond”, Flash Eurobarometer No. 354.
0
10
20
30
40
50
60
Total Youth
% Preference for self-employment Feasibility of self-employment in next 5 years
11. New business ownership rates, 2009-13
Source: Special tabulations of the GEM adult population survey, 2009-13.
• But few youth are successful in creating sustainable businesses.
0
1
2
3
4
5
6
7
8
% Total (18-64 years old) Youth (18-30 years old)
12. Barriers to self-employment, 2012
Source: EC (2013), “Entrepreneurship in the EU and Beyond”, Flash Eurobarometer No. 354.
• Youth most often identify finance and skills as barriers.
0
5
10
15
20
25
30
Not enough
capital
Current
economic
climate is not
good for start-
ups
Not enough
skills to be self-
employed
No business
idea
Difficult to
reconcile with
family
commitments
Risk of failures
and its legal
and social
consequences
are too big
Administrative
difficulties
%
Reasons that self-employment is not feasible in the next 5 years
All adults Youth
14. 1.Build a supportive institutional environment
1. Ensure that the regulatory environment does not
discriminate or provide disincentives
– Be supportive in welfare, tax and regulatory systems
– Ensure that bankruptcy laws do not prevent second chances
2. Promote positive image of entrepreneurship
– Inform youth and society about the potential of youth entrepreneurs
– Celebrate young entrepreneurs as role models
3. Ensure that youth can access information
– Provide ready information on how to start up
– Make business start-up support easily accessible to youth
15. Technology InQbator, Poland
• Target group: Students and graduates
• Objectives:
– To support new entrepreneurs in new technology fields and promote
entreprenuership
• Overview:
– Provide standard incubator services: office space, consulting, training,
networking
– But also unique approaches to promoting entrepreneurship more broadly:
1. “Wheel of Fortune” radio weekly programme
2. Poznan Days of Academic Entrepreneurship
3. “On the Wings of Business” TV programme
– Financed by Ministry of Science and Higher Education; National Research
and Development Centre; Municipal government
• Impact:
– >4000 participants at Poznan Days of Academic Entrepreneurship
– Radio show since 2006; has expanded to other cities
16. 2. Improve entrepreneurship skills
1. Provide entrepreneurship education at all
levels
– Develop entrepreneurial mindsets as well as new ventures
– Provide opportunities to learn through experience
– Include low educational achievers
2. Provide coaching and mentoring
– Use an appropriate matching mechanism to ensure a good fit
between coachee/mentee and coach/mentor
3. Encourage networking
– Create links with other young entrepreneurs, senior
entrepreneurs, investors and partners
17. DreamStart, Brussels
• Target group: Unemployed youth (18 – 30 years old)
• Objectives:
– To support development of business idea and preparation of business plan
• Overview:
– Business plan development course
– Participants are selected through in-take interviews that assess their
business ideas, drive and chances of success
– 3 full days per week to study and interact with entrepreneurs and experts
for 2 months
– Microcredit is often accessed through MicroStart, a sister organisation
– Funded by Public funding (42%), private sector donations (7%) and in-kind
contributions (51%)
• Impact:
– 60% start a business within a year; 30% of these worked full-time in their
business and 60% combined their business start-up with paid employment
– Budget is EUR 72 000 (excludes EUR 70 000 in-kind contributions), or
EUR 1950 per participant
18. • Target group: Unemployed university graduates under the age of 35
• Objectives:
– Reduce the unemployment among young graduates
• Overview:
– Training modules (4 months): business plan development; business financing;
commercial law; human resources; accounting; marketing; sales; ICT;
networking
– Selected participants hired by a Regional Development Agency during training
– National conference to facilitate networking and collaboration
– Following training, 1 year of coaching and advisory services
– Funded by European Social Fund (85%) and Slovenian Ministry of Labour,
Family, Social Affairs and Equal Opportunities (15%)
• Impact:
– 2013: 1246 applicants and 250 participants; 134 set up business or found
employment
– Budget was EUR 3.89 million, or EUR 15 500 per participant
Entrepreneurially into the World of
Business, Slovenia
18
19. 3. Facilitate access to finance
1. Provide financial literacy education to all youth
2. Ensure youth can access loans and microfinance
– Use grants when loans are not feasible
3. Encourage alternative financing mechanisms
such as guarantees, crowdfunding, peer-to-peer
lending, business angel investment
4. Complement financial support with business
training and mentoring
20. • Target group: Non-bankable young people aged 18 to 25 years
• Objectives:
– Provide micro-finance and access to business development support
• Overview:
– Funded by Scottish government, Scottish Enterprise and European Regional
Development Fund
– Provision of a conditional startup grants of GBP 1 000 (approx. EUR 1 170)
– Also offers three categories of loans of up to GBP 30 000 (approx.
EUR 35 040)
– Finance is complemented with training, coaching and mentoring provided by
more than 650 volunteers from local business communities
• Impact:
– 2004-2005: 155 additional start-ups were launched (controlling for
deadweight and displacement) and 416 started sooner or on a larger scale
– In 2011, 620 young people started 581 businesses
– For every GBP 1 spent, generated GBP 17 of additional net sales
The Prince’s Scottish Youth Business
Trust, UK
20
21. Entrepreneurship Promotion Fund,
Lithuania
• Target group: National programme but priority access is given to some
population groups, including youth (under 29 years old)
• Objectives:
– Increase business creation and self-employment in Lithuania for all
• Overview:
– Established by the Ministry of Social Security and Labour, the Ministry of
Finance and INVEGA
– Co-operation with the Lithuania Central Credit Union (LCCU), which acts
as the financial intermediary
– Provides microcredit, up to a maximum of EUR 25 000
– Free training, business counselling and additional financial support
through interest rate subsidies and partial employee subsidies
– Also offers guarantees of up to 80% of the value of the loan
• Impact:
– 4 205 people have attended training and 4 117 completed it
– 1 017 loans issued, of which 479 were to priority groups (47%)
– Loan recipients have created 1 758 new jobs
22. Entrepreneurship Promotion Fund,
Lithuania
Registration for EPF
• By phone
• By internet
• At Credit Union
General Training
• “Basics of
entrepreneurship”
(8 hours)
Entrepreneurship
Training
• “Business plan training”
(16 hours)
• “Accounting and tax
basic”
(16 hours)
• “Business and labour law
basics”(8 hours)
• “Business management
basics” (8 hours)
• “Marketing basics”
(8 hours)
• “Staff management in
business”
(8 hours)
Consultations
• Individual counselling on
business plans provides
training service providers
Lending
Loan manager:
• Helps complete
application for a loan of
EPF
• Verifies SME status
declaration and
admissibility of
documents
• Appeals to INVEGA for
a specific borrower on
a de minimis
• Helps to complete
application, collection
and submission of
required documents for
INVEGA guarantees
• Starts the debtor files
and credit contract
• Consults on the
development and
implementation of
business plan
Lending
CU Board:
• Business plan analysis and
evaluation
• Decision making on loan
agreement
A loan is issued:
• Without INVEGA’s
guarantee in
4-6 weeks
• With INVEGA’s guarantee in
8 weeks
23. 4. Developing strategies and co-ordination
1. Develop a vision for youth entrepreneurship
support
– Embed entrepreneurship promotion and support within youth
employment strategies
2. Communicate the objectives of youth
entrepreneurship policies and programmes to
youth, youth organisations and the community
3. Government actors and other stakeholders have
defined, complementary roles in supporting youth
entrepreneurship
24. Co-ordinating youth entrepreneurship,
Lithuania
Commission for Youth Sport Affairs of Seimas
Ministry of Social
Security and Labour
and other ministries
Department of
Youth Affairs
Council of Youth
Affairs
LiJOT
Youth Organisations
Agency of
International Youth
Co-operation
National Youth
Affairs Co-ordinator
Association
25. Co-ordinating youth entrepreneurship,
Lithuania
Municipal Council and
Municipal Committees
Administration
(regional
departments)
Municipal youth
council
Regional LiJOT
Youth
organisations
Business
sector
Regional
institutions
National and
regional youth
initiatives
Implementation in partnership
The National
Youth Affair
Co-ordinator
Association
27. Good practice principles
1. Select beneficiaries carefully and tailor the support
provision to the needs of youth
– Extensive support should be low cost and offered widely
– Intensive support should be competitive or filtered to select recipients
that are motivated and most likely to succeed
2. Promote creativity and innovation
– Seek (even low level) innovation in supported business projects
3. Recognise that different policy interventions
complement and reinforce each other
– Offer combined access to finance, training, mentoring, and networking
– Ensure education, economic and labour policies are co-ordinated and
complementary
– Identify gaps and synergies across stakeholders
28. Good practice principles, con’t.
4. Consider adapting mainstream programmes as
an alternative to youth-specific actions
5. Engage youth and youth organisations in the
design and implementation
– Communicate with youth through appropriate channels
– Consult youth organisations in policy design
– Leverage stakeholder knowledge and experience
6. Appraise and evaluate, make adjustments when
design or implementation can be improved
– Identify intervention needs, targets and expected impacts
– Evaluate results and adjust the approach
– Seek employability as well as venture creation outcomes
– Measure long-term as well as short-term impacts
Lack of awareness of potential for entrepreneurship among role models results in a lack of encouragement or even negative social attitudes
Education and training programmes generally do not do enough to nurture entrepreneurial attitudes and skills
Lack of prior work and entrepreneurship experience is a major determinant to business start-up and entrepreneurship performance
Fewer financial resources and difficulty obtaining external finance, including debt finance, hampers business start-up
Limited business networks and business-related social capital have consequences for business start-up and obtaining legitimacy
Market barriers, including a bias in financial markets away from supporting youth-owned businesses and ‘discrimination’ in product markets
We saw in the first presentation in this session that young people are enthusiastic about entrepreneurship. This enthusiasm needs to be supported. Important role models (e.g. parents, teachers) for youth play an important role in shaping their attitudes. It is important that they are informed about the potential of entrepreneurship and are supportive of self-employment as one option in the labour market.
Policy makers need to create a positive environment towards entrepreneurship, especially for youth. Many entrepreneurs fail at first and evidence shows that youth entrepreneurs have lower survival rates (e.g. van Praag, 2000). It is important that a bankruptcy does not have lasting legal consequences. Moreover, it is important that there is a cultural acceptance of business failure.
Promoting and celebrating success stories, particularly for young people can help inspire other youth. It is important to celebrate both those who have been extremely successful and those who are more typical so that youth can relate to the role model. Include young entrepreneurs in media campaigns related to entrepreneurship.
Ensure that information on business start-up is easily accessible and understandable for youth. Make this information available on the web, through schools and at employment centres.
Entrepreneurship skills are a transversal skill. They can be beneficial to all since many employers value these skills. Entrepreneurship skills and entrepreneurship experience can make an individual more employable.
It is therefore important that entrepreneurship education be included at all levels of education. While it should deliver tangible skills, entrepreneurship education should also focus on developing entrepreneurial mind sets; a way of thinking.
Current pedagogies focus on active learning and experiential learning. Students can acquire skills and experience through simulations and idea or business plan competitions.
While it is important to provide basic entrepreneurship education and training to all youth, those with the potential to develop a sustainable business should have access to more intensive individual support. This includes unemployed youth.
Access to finance is often identified as a significant barrier to business creation for young entrepreneurs. In addressing this challenge, policy makers should start by providing financial literacy education to all youth. This will help them in self-employment and in life more generally. It is important that youth understand financial concepts, basic financial products, the role of different actors in financial markets and where to get further information.
Further, young entrepreneurs need to understand how to stretch their money since they are most likely to get loans and investments from friends and family. Provide training on bootstrapping methods.
Policy makers should also ensure that youth can access existing microcredit and loan guarantee schemes. This could be accomplished by ensuring that a certain proportion of finance is provided to youth, or by setting up youth-specific schemes when there is sufficient demand.
Financial products can be tailored for youth, allowing longer grace periods and lower collateral requirements.
Entrepreneurship training should be available to those who receive finance. Financial institutions should partner with training organisations to offer training that will increase their chances of success.
Encourage alternative financial mechanisms to complement traditional financial approaches (subsidised loans and grants), e.g. guarantees, crowdfunding, peer-to-peer lending, business angel investment
This project aims to help the unbankable youth in business start-up.
It provides microfinance and various business development services, including coaching.
It is funded by Scottish Enterprise and European Regional Development Fund and is delivered by a public partnership with a non-governmental organisation. Delivered by volunteers.
Participants received help with development of business plan; coaching to pitch project; start-up grants up to £1 000 and start-up loans up to £35 000. They can also access workshops, mentoring, ad hoc advice and consultation.
In 2004-2005, the impact was 155 additional start-ups (controlling for deadweight and displacement) and 416 started sooner or on a larger scale
In 2011, 620 young people started 581 businesses. For every GBP 1 spent, generated GBP 17 of additional net sales was generated.
The Entrepreneurship Promotion Fund was established by the Ministry of Social Security and Labour, the Ministry of Finance and INVEGA, which is the agency responsible for SME development. The programme provides microcredit, up to a maximum of EUR 25 000 to start-up entrepreneurs and self-employed people who have operated a business for less than one year. Microcredit is provided as part of a package of complementary support including free training, business counselling and additional financial support through interest rate subsidies and partial employee subsidies (for those start-ups that create jobs). The programme also offers guarantees of up to 80% of the value of the loan.
The EPF programme is managed by INVEGA in co-operation with the Lithuania Central Credit Union (LCCU), which acts as the financial intermediary. The loans are granted by credit unions and the LCCU partners with 15 training providers to deliver free training and business advisory services to loan recipients.
Any policy action should start with an assessment of the size of the target group and the problem face. This will help determine the appropriate scope and scale of action needed.
Policy makers should set targets and expected impacts before launching any activity. This will help them measure the impact that the policy actions have. Targets should be clear and measurable.
Ongoing monitoring should be undertaken to measure take-up and implementation. Ex post evaluation should examine the impact made, measured against the initial targets.
Policy makers should seek to support projects that are innovative, even if at a low level. This will help reduce displacement in the marketplace.
Selection of beneficiaries is a critical issue because policy makers need to minimise deadweight loss. Extensive supports should be low cost. Intensive supports are most costly and therefore should be provided with a competitive mechanism to minimise the risk of loss.
Any policy action should start with an assessment of the size of the target group and the problem face. This will help determine the appropriate scope and scale of action needed.
Policy makers should set targets and expected impacts before launching any activity. This will help them measure the impact that the policy actions have. Targets should be clear and measurable.
Ongoing monitoring should be undertaken to measure take-up and implementation. Ex post evaluation should examine the impact made, measured against the initial targets.
Policy makers should seek to support projects that are innovative, even if at a low level. This will help reduce displacement in the marketplace.
Selection of beneficiaries is a critical issue because policy makers need to minimise deadweight loss. Extensive supports should be low cost. Intensive supports are most costly and therefore should be provided with a competitive mechanism to minimise the risk of loss.