DEAR READER, WELCOME BACK TO STOB REGIONS INTERREG EUROPE NEWSLETTER!
The second edition of the newsletter delves deeper into the STOB Regions Interreg Europe project with updates on the activities, goals, good practices and recommendations from the last quarter of 2017. It has been a busy period for the partners, with three interregional learning events, multiple regional stakeholder group meetings, identification of Good Practices as well as raising the general awareness of succession issues across Europe. The project is picking up pace, in the quest to collate new knowledge to be exchanged on the challenges faced by succession to be channeled into the regional action plans, the key output of the project.
Our website contains regular updates on the development of the project and can be accessed from the icons below. |
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DID YOU KNOW? - EU estimates that every year, around 450,000 firms and over two million employees are transferred to new owners.
- Up to one third of these transfer result in failure.
- Demographic changes are accelerating the importance of Transfer of Business
- There is a trend for transfers outside of the family to third parties
- Personal decisions or events can immediately trigger the need for a transfer (illness, retirement, changing interests)
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STOB regions project addresses the challenges of this third phase of business transfer in 9 EU regions.
There has been a strong focus on start-ups across Europe, however, of equal importance is ensuring the survival of existing businesses. Safeguarding SMEs, arguably, has a higher impact on jobs and growth. This is reinforced by the fact that the success rate of transferred businesses is higher than that of start-ups.
The STOB regions partnership brings a range of different experiences and levels of expertise, including regional authorities and business support institutions. The interregional approach explores and examines the challenges faced by succession and seek to find new or improved methods to support business transfers.
GOOD PRACTICESIn the context of the Interreg Europe programme, a good practice is defined as an initiative (e.g. methodologies, projects, processes, techniques) undertaken in one of the programmes's thematic priorities which has the potential to be transferred to a different geographical area. Proved successful is where the good practice has already provided tangible and measurable results in achieving a specific objective. A guide-to STOB Regions Good Practices can be found here. |
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| KEY FACTS ABOUT THE PROJECT |
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2ND INTERREGIONAL EVENT IN KAJAANI, FINLAND On 2 6th-27 th September 2017 Kainuun Etu Ltd. hosted the second meeting of STOB regions in Kajaani, Finland. the focus of the workshop: Innovation and transfer of knowledge.….. > READ MORE |
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3RD INTERREGIONAL EVENT IN KRAKOW, POLAND. On 13 th-14 th December 2017 Malopolska Region hosted the third meeting of STOB regions in Krakow, Poland. the focus of the workshop: Advisory Services for the whole transfer process….. > READ MORE |
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 | | STOB regions story telling - 2017 |
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SUCCESSION TOOLS
Each newsletter will focus on tools developed throughout the workshops. The tools are solutions to the challenges across the various topics faced by succession and business transfer.
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TEA PARTY/ SENIOR MEETS YOUNG The premise of the tool is to gather successful, experienced retired managers or lifelong entrepreneurs to meet young successors in an informal atmosphere. A monthly event, by which half a dozen seniors meet pre-screened/ invited juniors to create a platform for successful knowledge transfer in a comfortable yet direct setting. The tool creates a forum to share best practices, tips, and network access, and is proven to be successful and transferable, such platform is used to great success in Finland through Yrityskummit. |
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 | Malopolska Region is one of the most developed and innovative regions in Poland, and in recognition was awarded European Entrepreneurial Region 2016 by CoR. The region has vast experience in the implementation of public policies regarding innovative entrepreneurship. Implemented partnership initiatives include Business in Malopolska Center, SPIN Innovation Transfer Model and New Economic Forum. Poland, and the Malopolska region are preparing for situation where first generation entrepreneurs are planning succession.
For more information visit their website: https://www.malopolska.pl/ |
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CONTACT US
Project Manager: morgen@ihk-projekt.de
Communication Manager: john.wideman@kainuunetu.fi
If you require further information regarding the STOB REGIONS project, please use the contacts above. Additionally, if you are located in any of the project’s partner regions, and wish to collaborate with the project please contact the local partner responsible.
Until the next edition of STOB regions newsletter, you can find project updates and outputs on the social media links below. |
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