After 35 years of successful results in the UK where more than 80,000 young people have been supported to start their own business, the Prince’s Trust International Enterprise Programme comes to Greece! From training and mentoring to funding, the Enterprise Programme is with young people in Greece every step of the way!
The Enterprise Programme in Greece is implemented by Corallia, a Unit of the Research Center Athena and Action Finance Initiative with the support of Prince’s Trust International.
The interested and eligible applicants will first attend a free Information Session to find out what the Enterprise Programme involves and how they can be supported. The Programme follows with an engaging, 4-day interactive and free Explore Enterprise Course, which offers the chance to learn about the practical side of starting a business and allow participants to decide whether self-employment is right for them. After the course, participants receive one-to-one dedicated Mentoring for up to a year to develop, plan and test their business idea, and mature their business plan. The participants who are ready to launch their business may present to the Business Launch Group that assesses the viability and sustainability of their business plan. Finally, participants that reach this stage may apply for a start-up loan of up to €12.500 and receive further Business Mentoring.
Attend a free Information Session to find out what the Enterprise Programme in Greece involves and how we can support you. Just fill out your details on the online Application Form and, if you’re eligible for the Programme, a member of the team will communicate to invite you to an Information Session. Υοu may find who can apply for the Enterprise Programme in Greece at the ‘WHO IS IT FOR‘ section and the application form at the link.
Explore Enterprise Course
Participate in an engaging and interactive four day course which gives you the chance to learn about the practical side of starting a business. The free course includes the following:
- Day 1: An inspirational talk from a business expert, giving you the chance to think about your personal goals and skills. We will also spend some time discussing personal finance and exploring legal structures.
- Day 2: What’s a great business idea without a plan to promote it? We talk marketing and selling.
- Day 3: Let’s focus on finance, including pricing and managing your money in a business.
- Day 4: There’s no time like the present to begin thinking about business plans, so today you’ll start to consider your next steps.
Next Steps Mentoring
We will give you flexible one-to-one support from a pool of dedicated mentors to help you decide whether self-employment is right for you. If you do decide to start your own business your mentor will support you for up to a year to develop and plan your idea, and write a business plan. If you’re thinking about applying for start-up funding, your mentor will also help you to prepare for that.
Business Launch Group
Once you are ready to launch your business, you will present your business plan to our Business Launch Group whose job is to assess the viability and sustainability of your idea. This stage is designed to ensure there are no weak points in your plan. At this point you can apply for a low interest start-up loan of up to € 12.500 from AFI. The loans have a repayment period from 6 and up to 48 monthly installments, a grace period for up to 6 months, 7,6% annual interest rate and guarantor for 50% of loan value up to 3.000 euros. Final approval and loan disbursement are performed by Eurobank. If you’re successful in your loan application you will also receive further mentoring during the whole loan repayment period.
Who we are
Prince’s Trust International is His Royal Highness, The Prince of Wales’ newest charity; it provides advice, expertise and programme delivery support to governments, NGOs and corporate partners around the world seeking to tackle youth unemployment and disengagement. Through best practice models and the proven track-record of The Prince’s Trust in the UK, PTI empowers young people to transform their lives and help them move into employment, education or training. The Enterprise Programme in Greece is the very first Enterprise Programme to run outside of the UK. Prince’s Trust International have already successfully delivered employability and education programmes in Australia, Barbados, Canada, Greece, India, Jordan, Malta, New Zealand and Pakistan; which are now transitioning to a roll out phase that will increase the depth and scale of PTI’s work in those locations. PTI is now looking to scope and assess opportunities in Malaysia, Jamaica and The Republic of Trinidad & Tobago. More information at princestrustinternational.org.
Corallia, a Unit of the Research Center Athena, is a nonprofit LEP, which performs publicly beneficial development functions. Our team comprises of people possessing a passion and a vision for supporting Greece’s “sciences, innovation, entrepreneurship and culture to flourish” as well as more specific goals to promote a “Joy of Creation” culture and the development of services and products “Innovation Made in Greece”. To achieve our vision, we have developed a wide range of activities focusing on: enhancing and disseminating innovation of all forms in the private and public sector, shaping cutting-edge technology sectors and integrated value chains with a competitive advantage, stimulating links between industry, universities, research centers, public administration and citizens, boosting exports and competitiveness with a specialized extroversion program, creating and maintaining highly skilled jobs and reversing the brain drain, providing information, inspiration and training, particularly on entrepreneurship and high tech, investing in the human capital available to the country and fostering relations with the diaspora and creating integrated support structures for new aspiring entrepreneurs and dynamic businesses with incubator services and business acceleration. Our main achievements to this date are: the foundation of 3 hi-tech Clusters – mi-Cluster, si-Cluster, gi-Cluster – that encompass the most innovative enterprises, university labs and research institutes in their respective sectors, the systematic organisation of targeted training and inspirational events, the design and implementation of pioneering entrepreneurship acceleration and incubation programmes, the organization of innovation contests such as hackathons, appathons and game jams, the establishment and operation of innovation hubs in Attica and Western Greece regions, the organization of business roadshows and trade fairs in Europe, America and Asia, etc. More than 10.000 people and organisations have directly benefited from our activities, including would-be-entrepreneurs, startups, SMEs, large corporations, pupils and students, while the indirect beneficiaries exceed 100.000 civilians and organisations. More information at: corallia.org.
AFI is a civil non-profitable company that provides access to financing, through microloans up to 12,500 euros to those who have a business idea or project, but are not able to access the necessary funds. At the same time, AFI’s staff, with the support of a network of volunteers, offers free, customized business support prior to and post the microloan disbursement. AFI is the leading microfinance organization in Greece with over 4 years of experience having supported more than 250 companies with over 2.5 million euros of funding. The selection of the business applications is not limited by the business sector, the level of innovation, the investment category and the use of technology involved. AFI is among the 7 microfinance institutions in Europe to have been awarded the European Code of Good Conduct for Microfinance Provision, and it is the only organization in Greece with this certification. The right to economic initiative requires access to capital and removal of administrative constraints for creating self-employment. By supporting entrepreneurship, AFI promotes self-employment, reduces unemployment and helps beneficiaries to achieve financial independence, so that they can offer socially and financially to the society. AFI’s geographical coverage includes Attica region, Northern Greece, Viotia, Evoia, Corinth and Crete. AFI’s founding partners are ActionAid Hellas and ADIE, a French microcredit institution with 25+ years of experience. More information: afi.org.gr.