- 26-03-2019 13:28
- Velizar Petrov
How
to finance the transfer of business is a crucial question for both, buyers and
sellers. Most regions have funding programmes for start-ups that do not always
fit for funding business transfer as well or are not opened for this way of
starting a business.
This
was the topic discussed by the partners at the 8th Partner Meeting under the
project "STOB Regions - Succession and Transfer of Business in the Regions of INTERREG
Europe" programme.
It was held in Kranj,
Slovenia on March 20 and 21, 2019,
with the kind hospitality of BSC,
Business Support Centre Ltd., Kranj, a project partner.
The
first working day of the meeting was held at Dvor Jezeršek, where former owner
Jezerek Catering Mr. Franti
Jezeršek
transferred it to the next generation – to his
4 sons, and presented it as a very good practice in business succession.
Thematic lectures to finance the transfer were then presented by Dr. Milos Stefanovic, Chief Executive Officer of the Brandenburg Guarantee Bank: Overview of Business Transfers Financing, Process, Challenges, Needs, followed by Slovenian Business Financing Activities, presented by Dr. Jaka Vadnja. Mr Krunoslav Karlovčec from the Ministry of Economic Development and Technology reviewed the business transfer activities in Slovenia.
Each of the partners presented the situation in their
countries. Velizar Petrov from ARP
BC SME (Regional Development Agency with Business Support Centre for Small and
Medium Enterprises - Plovdiv) presented the general picture in Bulgaria and
presented the operational programmes that support the business. There are no
specific measures for financing succession and business transfer. We will offer
good practices from the partners to improve the National SME Promotion Strategy
in Bulgaria 2014-2020: Measures
aimed at smoothly delivering business transfer: public campaigns, mentoring
schemes, creation of a fund to the Bulgarian Development Bank to finance the
business transfer process, etc.
The second day continued with a review of the situation in the Gorenjska region by Mr Miha Juvan, S-Consult d.o.o., followed by Mr. Mojca Emeršič, Ernst & Young, Family business succession in Slovenia.
The
partners, together with stakeholder representatives, made a SWOT analysis and
gave recommendations on how to improve policies. Active participation from the
Bulgarian side was given by Mrs. Dobrinka
Prodanova
from Plovdiv Chamber of Commerce and Industry, Mr.
Belin Mollov - Regional Development
Expert and Velizar Petrov and Alexander Tonkov from ARP BC SME -
Plovdiv, as well as Mrs. Tony
Simidchieva
from the Craftsman Chamber of Commerce in Plovdiv and other participants.
The
next project meeting will be held in May in Berlin, Germany.
For more
information:
032/902 399
Aleksander Tonkov
Communication
manager of project STOB regions
The STOB Regions – Succession and Business Transfer in
Regions under INTERREG Europe Program is co-financed under INTERREG Europe
2014-2020.