Completed project

“Supporting Small Business” Under the “Active Measures on The Labor Market” Programme

National Employment Agency Logo

Duration: December 1, 2007 – July 1, 2008

Project objective: The activities, carried out over the territories of the two Municipalities Borovo and Dve mogili, aimed at fostering the entrepreneurship through organizing training sessions and providing consultancy services to newly established SMEs. In the target group were included 20 long-term unemployed people as well as other unemployed people registered in the Local Labour Office and residents of the two municipalities. Five newly established SMEs were also included.

Location: Borovo and Dve mogili Municipalities

Results: 20 people were trained and acquired entrepreneurial knowledge and skills. With the help of the consultants they managed to write business plans which are ready to be implemented after the project completion. As a result of the project new businesses were established which contributed to improvement of the socio-economic environment in that less-developed rural region by providing access to small business services, laying down conditions for decrease of unemployment rate among the groups in risk on the labour market. SMEs were consulted on different topics chosen after careful research and survey for the needs of every small company from the target group.
SMEs were consulted on various topics selected after careful research and study of the needs of each small company in the target group.

As a result of the project the companies acquired knowledge and skills on how to use informational technologies in order to obtain specific economic and market information as well as information about funding and consultancy on line of the people from the target region. The business environment of the region Borovo Dve mogili was further developed by creating a website for providing support to the local entrepreneurs.

Project partner(s):

  • Ruse Chamber of Commerce and Industry (Lead Partner)
  • Local governments of Borovo and Dve Mogili (Associated partners)

Project Donor(s): The Employment Agency in a loan agreement with the World Bank

Partners

Dve Mogili Municipality logo

Municipality of Dve Mogili

Local government of Borovo logo

Municipality of Borovo