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Excellency in Entrepreneurship: Expanding European entrepreneurship by boosting youth (self) employability and promoting a sharing resources culture

Periodic Reporting for period 1 - ExcellEnt (Excellency in Entrepreneurship: Expanding European entrepreneurship by boosting youth (self) employability and promoting a sharing resources culture)

Okres sprawozdawczy: 2023-01-15 do 2024-07-14

The ExcellEnt Project, funded by the Horizon Europe programme of the European Union, aims to revolutionize the European business landscape by strengthening and homogenizing business practices across the continent. This collaborative project between six entrepreneurial ecosystems across Europe seeks to build bridges and create equal opportunities for entrepreneurs in less-developed regions while also connecting the European ecosystem with the global landscape. Through its innovative approach, the ExcellEnt Project captures and communicates unstructured entrepreneurial experiences, stories, and narratives, providing valuable resources for younger audiences facing the challenge of (self-)employability. The project aspires to pave the way for a more fertile European ecosystem for entrepreneurs and start-ups. The Horizon Europe ExcellEnt Project targets peer entrepreneurial ecosystem builders, specifically entrepreneurship support organizations, who play a critical role in providing support to entrepreneurs and start-ups. The project's main objective is to enhance this support by strengthening links between various key stakeholders, including investors, industry and academia representatives, policymakers, and public authorities.
Key activities of the ExcellEnt project included conducting comprehensive interviews with a diverse range of stakeholders, including successful entrepreneurs, incubators, educational organizations, and policymakers across multiple European ecosystems. These interviews yielded valuable insights into the factors that contribute to entrepreneurial success, which were carefully analyzed and integrated into key project deliverables.
The project also successfully organized a series of workshops that brought together ecosystem stakeholders, fostering collaboration and the exchange of best practices. These workshops provided a platform for discussing the unique challenges and opportunities within European entrepreneurial environments, thereby enhancing the collective understanding of these ecosystems.
A notable achievement was the establishment of the European Entrepreneurship Academy, a platform designed to offer educational resources, mentorship, and networking opportunities to entrepreneurs across Europe. This academy has become a central hub for supporting entrepreneurship, equipping startups with the tools and knowledge they need to succeed.
Additionally, the project conducted detailed analyses of the entrepreneurial ecosystems in the participating countries, identifying their strengths, weaknesses, opportunities, and threats. These analyses informed the design of workshops aimed at promoting cross-fertilization within the EU ecosystems, encouraging knowledge exchange and peer learning among stakeholders.
These activities have significantly strengthened entrepreneurial ecosystems across Europe, setting the stage for ongoing collaboration and innovation in the next phases of the project.
The ExcellEnt project has demonstrated strong potential for impactful results across various domains, particularly in enhancing the understanding of entrepreneurial ecosystems, supporting economic growth, and fostering inclusive entrepreneurship. The project's activities, such as the collection of entrepreneurial narratives, the establishment of the European Entrepreneurship Academy, and the promotion of cross-border collaborations, have already begun to yield valuable insights and tools that can drive further innovation and development in Europe’s entrepreneurial landscape. The dissemination of best practices and the mapping of entrepreneurial competences across different ecosystems provide a solid foundation for future research and policy-making, enabling stakeholders to refine their strategies and better support entrepreneurs.
To ensure the continued success and uptake of the project’s results, ongoing research and demonstration activities will be essential to validate and refine the findings generated by the project. This includes further analysis of the data collected and the continued development of educational resources and tools within the European Entrepreneurship Academy. Access to markets and finance remains a critical challenge for startups, and the project will continue to strengthen its support mechanisms, including expanding the Entrepreneurial Resources Hub to provide more tailored financial guidance and market access opportunities.
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