DANUBECHANCE 2.0
Embracing failure to facilitate second-chance entrepreneurship in the Danube region
The DanubeChance2.0 project aims to enable the creation of business environment that helps entrepreneurs save viable business and create more companies in the Danube region.
Embracing failure to facilitate second-chance entrepreneurship in the Danube region
The project aims to facilitate improved policy learning between policymakers and government agencies, research institutes and universities, financial distressed enterprises currently involved in insolvency procedures, or entrepreneurs who have already gone bankrupt, but ready to for a fresh re-start, business accelerators and the public.
Specific objectives of the project
The project provides a path for more legitimate entrepreneurs whose first businesses have failed to re-enter the market through delivering 130 hours of "blended" learning experiences at the ”’Trial and Error‘ Re-Design Transnational Academy”, and the launch of the two "Business Re-Structuring Initiatives", which provide business acceleration support for approximately 60 legitimate entrepreneurs whose first projects failed.
- Promoting restructuring measures
- Awareness-raising of second chance entrepreneurial opportunities
- Enabling a supporting ecosystem for honest restarters
Overall: 1 822 550 €
ERDF Contribution: 1 241 425 €
IPA Contribution: 176 587,50 €
ENI Contribution: 131 155 €
01-07-2018
31-12-2021
Innovative and socially responsible Danube region
Increase competences for business and social innovation