81256063-Improved use of Business Development Services and Access to Finance for Young Enterprises

The technical cooperation (TC) module aims to increase the job-creating growth of formal and informal start-ups and young enterprises in selected industrial and service-oriented sectors. Three outputs are defined: 1) Establish innovative mechanisms to promote market-based business models. To this end, products, services and suppliers with market potential are identified and promoted in industry-specific design thinking seminars and through partnerships with (large) companies. The aim is that a structured cooperation between established companies and young enterprises opens growth potential. 2) Promote the use of sectoral services to improve entrepreneurial skills for the growth of young enterprises. The assumption is that improved entrepreneurial capacity leads to business growth. (3) Access to demand-oriented financial services for the growth of young enterprises. The impact hypothesis is that improved information and brokerage services facilitate access to financial services and thus contribute to the growth of young enterprises.