Succeed in Business
Succeed in Business
The project addresses cross-border challenges of high unemployment among 18-25-year-olds from low-income families in Latvia, Estonia, and Finland.
Young people struggle to get jobs because employers prefer candidates with experience. Such individuals are particularly vulnerable since they are forced to earn a living from an early age and, in many cases, have to settle for low-qualified positions. This limits their potential, career growth, income, and job satisfaction. Starting a business seems a viable alternative.
The project will design and implement a cross-border training course, which will increase entrepreneurial abilities of young people from low-income families.
Expected results
The project will design and implement a cross-border training course consisting of 207 learning hours. The training course will last for 1 year, encompass 7 face-to-face and 10 online events and will be conducted twice: in Cycle 1 and Cycle 2. In each cycle, trainees will learn and practice idea generation and idea assessment techniques, get a thorough understanding of how a company functions and study operations that occur in its various domains, including general management and business development, human resources, marketing, sales and customer relationships, finance and production.
Trainees will create cross-border multi-functional teams of 5-6 persons centered around specific business ideas and spend the following 4 months working on them. Thanks to cross-border cooperation, trainees will be exposed to a business environment in 3 countries, expand their vision of how companies operate in each of them, dive into a larger pool of ideas, identify market niches they could occupy in the region and build long-lasting connections in neighbouring countries, which is expected to result in establishment of viable companies with a cross-border focus.
A total of 100 young people will be enrolled in the course during 2 cycles. 82 persons will be active participants.
Expected results
The project will design and implement a cross-border training course consisting of 207 learning hours. The training course will last for 1 year, encompass 7 face-to-face and 10 online events and will be conducted twice: in Cycle 1 and Cycle 2. In each cycle, trainees will learn and practice idea generation and idea assessment techniques, get a thorough understanding of how a company functions and study operations that occur in its various domains, including general management and business development, human resources, marketing, sales and customer relationships, finance and production.
Trainees will create cross-border multi-functional teams of 5-6 persons centered around specific business ideas and spend the following 4 months working on them. Thanks to cross-border cooperation, trainees will be exposed to a business environment in 3 countries, expand their vision of how companies operate in each of them, dive into a larger pool of ideas, identify market niches they could occupy in the region and build long-lasting connections in neighbouring countries, which is expected to result in establishment of viable companies with a cross-border focus.
A total of 100 young people will be enrolled in the course during 2 cycles. 82 persons will be active participants.
Duration 01.05.2024 - 31.10.2026
Total budget
Programme priority
Improved employment opportunitiesProgramme objective
PO6 - Improved employment opportunities on labour marketLead partner
Latvia University of Life Sciences and TechnologiesProject News
Project Events
Project Stories
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Managing Authority
Joint Secretariat
c/o Regional Council
of Southwest Finland
Visiting address: Linnankatu 52 B, Turku, Finland
Mailing address:
P.O. Box 273,
20101 Turku, Finland
E-mail: info@centralbaltic.eu
Phone: +358 40 550 8408
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