Main Problem Addressed / Activity Sector:
The purpose to encourage the entrepreneurship by communities of immigrants, especially those who live in the most vulnerable neighbourhoods.
Immigrants that want to structure a credible business idea. PEI can be considered a flexible tool with capacity to adapt to different audiences, since it approaches transversal areas to any business idea or person.
The project intends to provide different services. The promoter entities structure a specific training course to support the creation of new business. It is structured of a collective session once a week, in a total of 10 sessions (of 3 hours each) and individual sessions once a week. All the process considers the participant’s knowledge/experience and motivations.
At the end of the course they provide the attendees with a follow up support system that consist in individual meetings and eventual on-site support at the business facilities or meetings with other entities.
They also provide migrants attendees with two kind of documents. A certificate of attendance that confirms the presence and a letter of recommendation that focus on the maturity of the business idea. They offer also advice addressed to the participants whose business idea indicates to gather conditions to become a credible business, namely the attendants who received the Letter of Recommendation. This support has the following goals: restructure little aspects of the business idea, identify financial supports or others, support the business execution and guide in the business management.
The consulting services are structured as a one to one meeting prompted by a trainer that usually takes place during and after the courses. During this meeting the migrant explain to the trainer which are his/her necessities and specific requests. The training programme is based on practical dynamics and real process of a business construction. They also focus on process of capacitation and risk analysis, considering 3 elements:
• Business financial analyses;
• Entrepreneur and its exposure to risk;
• Family dimension and its exposure to risk.
The promoting entities must identify:
• A trainer, responsible for the training programme and consultancy/individual meetings;
• A local technician, responsible for the project organisation, advertisement, interviews with the candidates, identification of alternative solutions when the participants realise that they don’t have profile to continue, identification of complementary solutions (e.g. specific training course in the business area), statistical information and other administrative issues.
They are also provided with a free guide about the project implementation, (specially conceived for technicians and trainers) and a handbook “Dossier do Empreendedor” to be provided to the attendees (it contains business concepts). This document helps the participant knowing business concepts and informs them about several stages in the process of opening a business. The dossier also facilitates the written development of the business idea, since the participant can fill up different worksheets about the several issues related with the business and can discuss those issues with the trainer. This tool is also relevant to the trainer because it indicates how to structure the collective classes.