DanubeChance2.0

Details



Embracing failure to facilitate second-chance entrepreneurship in the Danube region


Business entry and exit are natural processes that are inherent to European economic life. In fact, 50% of enterprises do not survive the first 5 years of their life, and bankruptcies account on average for 15% of all business closures. In Europe, 200,000 businesses face insolvency every year, resulting in 1.7 million jobs lost. In the Danube region, the number of business failures rose by 3.6 per cent last year. Even though only 4-6% of bankruptcies are fraudulent, public opinion makes a strong link between business failure and fraud. Many honest entrepreneurs whose businesses have gone bankrupt feel discouraged to re-start due to the stigma and difficulties or discrimination faced after a bankruptcy.

DanubeChance2.0 aims to facilitate improved policy learning between: policymakers and government agencies; research institutes and universities; financially distressed enterprises currently involved in insolvency procedures, or entrepreneurs who have already gone bankrupt but ready for a fresh re-start; business accelerators; and the public. DanubeChance2.0 will deliver innovative policy designs, give formerly bankrupt entrepreneurs a second chance in the Danube region. Acting as a policy driver, DanubeChance2.0 brings together a multi-disciplinary quadruple-helix partnership of 12 partners and 5 ASPs to create the first "Second-chance Entrepreneurship Strategy for the Danube region". The project will provide 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 first "Business Re-Structuring Initiative", which will provide business acceleration support for approximately 60 legitimate entrepreneurs whose first projects failed. A Second-chance Entrepreneurial Transnational Community Pool of Experts will also provide mentoring to second-chance entrepreneurs beyond the lifetime of the project. 

Project co-funded by European Union Funds (ERDF, IPA, ENI).

The official project webpage is available HERE

SGE - SMEs Growing in Europe
SMEs Growing in Europe (SGE) is coherent with the policy framework defined by the “Small Business Act for Europe” and it represents a concrete measure that effectively contributes to strengthen the competitiveness and sustainability of the enterprises ...
Date of Project End:January 31, 2020
Participant:Small and medium-sized enterprises
Type:International
FAST FORWARD EUROPE- FFWD EUROPE
FFWD Fast Forward Europe is an initiative supported under the INTERREG EUROPE Programme that is designed to ensure competitiveness of small and medium-sized enterprises (abbreviated as SMEs).
Kálmán Edina
professional leader
Tel: +3613122213
Email: kalman@ifka.hu
Date of Project End:December 31, 2021
Participant:Small and medium-sized enterprises
Type:International
RaiSE
Enhancing social enterprises competitiveness through improved business support policies
Barkó Boglárka
international project manager
Tel: +3613122213
Email: barko@ifka.hu
Date of Project End:June 30, 2021
Participant:Improved access of enterprises, including social enterprises working for society
Type:International
SOCIAL SEEDS
Exploiting Potentials of Social Enterprises through Standardized European Evaluation and Development System
Barkó Boglárka
international project manager
Tel: +3613122213
Email: barko@ifka.hu
Date of Project End:December 31, 2021
Participant:Social enterprises
Type:International
REBORN Embracing failure to encourage entrepreneurship and competitiveness
REBORN is a 48-month initiative supported under the INTERREG EUROPE Programme.
Mike Nagorkin
project manager
Tel: +3613122213
Email: nagorkin@ifka.hu
Date of Project End:December 31, 2021
Participant:Small and medium-sized enterprises
Type:International
Social(i)Makers
Growing a Transnational Smart Community of Social Innovators for the Inclusive Development of Central Europe Social innovation initiatives can create products, services and models that answer to structural transformations of civic communities – but they ...
Barkó Boglárka
international project manager
Tel: +3613122213
Email: barko@ifka.hu
Date of Project End:July 31, 2020
Participant:Social enterprises
Type:International
DanubeChance2.0
Embracing failure to facilitate second-chance entrepreneurship in the Danube region Business entry and exit are natural processes that are inherent to European economic life. In fact, 50% of enterprises do not survive the first 5 years of their life, ...
Mike Nagorkin
project manager
Tel: +3613122213
Email: nagorkin@ifka.hu
Date of Project End:June 30, 2021
Participant:Small and Medium-sized enterprised
Type:International
Finance4SocialChange
Leveraging Finance 4 positive Social Change Social entrepreneurship (SE) has become increasingly relevant in today’s economic setting as social changes have mounted,(World Economic Forum, 2017) while at the same time, public funds in many countries are ...
Mike Nagorkin
project manager
Tel: +3613122213
Email: nagorkin@ifka.hu
Date of Project End:June 30, 2021
Participant:Small and Medium-sized enterprised
Type:International
SENSES
Strengthening Social Entrepreneurial Landscape through involving socially responsible corporate Practices in EntrepreNeurial CompetenceS and Skills enhancement in the DANUBE region Social enterprises (SEs) are important drivers for inclusive growth and ...
Barkó Boglárka
international project manager
Tel: +3613122213
Email: barko@ifka.hu
Date of Project End:June 30, 2019
Participant:Social enterprises (SEs)
Type:International
Erasmus for Young Entrepreneurs - Entrepreneuship is a Woman
coming soon...
Barkó Boglárka
international project manager
Tel: +3613122213
Email: barko@ifka.hu
Date of Project End:
Participant:Young and Host Entrepreneurs of the SME sector, regardless of their industries
Type:International
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