inclusive entrepreneurship and (financing) of business development services ©hhs 2013 / molenaar...
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© H H S 2 0 1 3 / M O L E N A A R
INCLUSIVE ENTREPRENEURSHIP AND (FINANCING) OF BUSINESS DEVELOPMENT SERVICES
Who pays for the services?
© H H S 2 0 1 3 / M O L E N A A R
INCLUSIVE ENTREPRENEURSHIP AND (FINANCING) OF BUSINESS DEVELOPMENT SERVICESDEFINING TARGET GROUPS
Under-represented
women
youth (younger people),
migrants
Disadvantaged
seniors, (long term )
(long term) unemployed,
ethnic minorities and migrants,
disabled, ( early) school drop outs
more generally people with low education.
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INCLUSIVE ENTREPRENEURSHIP AND (FINANCING) OF BUSINESS DEVELOPMENT SERVICESDEFINING THE TYPE OF ECONOMIC ACTIVITY
Survival and self employed out of
necessitySelf-employed) Micro
entrepreneursSmall
entrepreneursMedium
entrepreneurs
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INCLUSIVE ENTREPRENEURSHIP AND (FINANCING) OF BUSINESS DEVELOPMENT SERVICESCHANGES IN FORMS OF SELF- EMPLOYMENT AND ENTREPRENEURSHIP
• Diversity
• Globalisation,
• Social Media
Leading to
• Changes in status of employed/unemployed/self-employed
• Emergence of hybrid figures (e.g. intermittent, part-time or combined entrepreneurs).
• New forms of financing
See also November 2012, Conference on Inclusive Entrepreneurship
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INCLUSIVE ENTREPRENEURSHIP AND (FINANCING) OF BUSINESS DEVELOPMENT SERVICESMATCHING FINANCING WITH TARGET GROUPS
Informal financing
Micro finance Banks Investment funds
New forms
Survival and self employed out of necessity
XXX XX SHGs
Self-employed XXX Mutual schemes/ cooperatives
Micro entrepreneurs XXX XX Cooperatives/ Crowd funding
Small entrepreneurs XXX P2P lending/Faith based/
Medium entrepreneurs
XXX XXX P2P/ Informal investors
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INCLUSIVE ENTREPRENEURSHIP AND (FINANCING) OF BUSINESS DEVELOPMENT SERVICESNEW / RENEWED FORMS OF FINANCING
Micro finance supplementary to banks;
Crowd-funding and peer lending, outside of traditional financial markets;
Faith based financing such as Islamic finance (specific target groups) ;
Loan guarantees revisited
Community based and self-governed financing systems,
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MATCHING BUSINESS DEVELOPMENT SERVICES WITH TARGET GROUPS
Business development services
Type of Enterprise
Client development
Services (CDS)
Entrepreneurship Development Services (EDS)
Business Development Services
Small enterprises
Enterprise Education (at vocational training and polytechnic level)
Business Creation programmes
Management trainingBusiness AdviceInformation Technical skills training (formal)Innnovation programmes Sector / market studiesBusiness associations Infrastructure
Micro enterprises
Financial Literacy programmesHealth, safety and environmental awareness programmes
Enterprise Education (at vocational training level)
General business adviceCoaching mentoring
Self employed
Financial Literacy programmes
Adjusted adviceInformal trainingMentoringWeb based information
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BDS
BDS FINFINBDS
Complementarity
Isolation
Additional and interrelated
Integrated services
FIN
BDS
or
INCLUSIVE ENTREPRENEURSHIP AND (FINANCING) OF BUSINESS DEVELOPMENT SERVICES FORMS OF DELIVERY
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INCLUSIVE ENTREPRENEURSHIP AND (FINANCING) OF BUSINESS DEVELOPMENT SERVICESNO STRUCTURAL FINANCING FOR BDS FOR SELF EMPLOYED/ MICRO ENTERPRISES
JASMINE/ DG REGION (EIF)
PROGRESS/ DG EMPLOI (EIF)
DG ENTERPRISE/ CIP etc
ESF
Self employed Capacity building MFIs
Funding MFIs
Micro Capacity building MFIs
Funding MFIs Special projects – BDS
Small Financial instruments for SEs
Special projects – BDS
Medium Financial Instruments for MEs