BCI – Business Consulting Institute

Support for the private sector in the Cahul region under the EU4MD Project

Implementation period: October 2020 – December 2022

Funder: European Union

Purpose: To support the municipalities of Cahul and Ungheni, identified as regional growth poles, in socio-economic development and improving the economic and living conditions for the surrounding local communities.

Objectives:

  1. Provide support for new businesses and accelerate promising young companies in the surrounding urban and rural areas, especially those led by women or those with a positive impact on vulnerable groups.

Activities:

  • Conducting a promotional campaign.
  • Organizing intensive one-day training sessions on business plan writing.
  • Providing individual consultations for business plan writing.
  • Selecting 28 grant beneficiaries.
  • Initiating two pilot initiatives to promote social entrepreneurship.
  • Delivering a support and coaching program.
  • Organizing 10 one-day thematic seminars to improve business skills.
  • Building capacities and facilitating the exchange of experiences.
  • Creating 15 sustainable businesses.

Results:

  • Development of methodology: preparing a methodological approach and a detailed work plan for implementing the activities.
  • Preparatory activities for launching the three Calls for Applications.
  • Evaluation of beneficiaries.
  • Organizing an awards ceremony and signing agreements.
  • Organizing advanced training for beneficiaries and on-the-job training for local facilitators.
  • Delivering a 12-month support and coaching program for beneficiary entrepreneurs.
  • Providing specialized consultations to beneficiaries.
  • Preparing a final synthesis report.
  • Continuous mentoring for beneficiaries for up to 12 months.

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