Ready for Business (Q4295952): Difference between revisions
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Revision as of 15:51, 28 August 2022
Project Q4295952 in Latvia, Lithuania
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Ready for Business |
Project Q4295952 in Latvia, Lithuania |
Statements
397,359.21 Euro
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467,481.42 Euro
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85.0 percent
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1 May 2017
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30 September 2019
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Latvia University of Life Sciences and Technologies
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56°37'16.10"N, 23°46'10.99"E
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55°43'27.70"N, 21°7'36.23"E
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55°43'22.84"N, 24°22'6.89"E
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55°36'0.04"N, 26°25'54.26"E
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55°52'8.22"N, 26°30'56.02"E
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57°23'40.45"N, 21°34'0.88"E
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Latvia and Lithuania face the same territorial challenges in the Programme area, such as slow economic growth, low competitiveness of the region, high unemployment and inactive entrepreneurship environment. While having a lot in common, every country also has its own unique country-specific experience, ideas, know-how and achievements, which should be shared with each other in order to reach a synergistic effect and develop new effective solutions that could be used for the benefit of both states. The overall objective of the project is to facilitate sustainable development of entrepreneurship in cross-border areas through a set of innovative entrepreneurship support solutions and tools. The partners will develop and conduct Business Simulation Games imitating real-life situations most newly-established companies face and “Be involved” seminars designed according to the interactive “Get inspired – help – share – analyze” concept. ICT Business Simulator imitating a process of business start-up and development will be launched. Target groups who will benefit from the project are students and recent graduates in business science, young people who have a business idea and/or willing to start their own business and founders of newly-established enterprises. The project goes beyond the existing practice and is new and original in terms of its integrated approach that incorporates multiple elements: a) principles of informal game-based learning b) main principles of business disciplines c) experience of existing entrepreneurs d) real-life business cases. The format of the solutions allows looking at entrepreneurship from different angles, thus providing an all-round understanding of it. It is expected that the project will revitalize entrepreneurship environment leading to the creation of new businesses and workplaces, thus reducing unemployment and facilitating economic growth of the region. It is estimated that 12-15 new businesses will be established as a result of the project activities. (English)
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