INCLUSIVE ENTREPRENEURSHIP AND (FINANCING) OF
BUSINESS DEVELOPMENT SERVICES
Who pays for
the services?
©HHS 2013 / MOLENAAR
INCLUSIVE ENTREPRENEURSHIP AND (FINANCING) OF BUSINESS
DEVELOPMENT SERVICES
DEFINING TARGET GROUPS
Under-represented
women
youth (younger people),
migrants
Disadvantaged
seniors, (long term )
(long term) unemployed,
ethnic minorities and migrants,
disabled, ( early) school drop outs
more generally people with low education.
©HHS 2013 / MOLENAAR
INCLUSIVE ENTREPRENEURSHIP AND (FINANCING) OF BUSINESS
DEVELOPMENT SERVICES
DEFINING THE TYPE OF ECONOMIC ACTIVITY
Survival and self
employed out of
necessity
Self-employed)
Micro
entrepreneurs
Small
entrepreneurs
Medium
entrepreneurs
©HHS 2013 / MOLENAAR
INCLUSIVE ENTREPRENEURSHIP AND (FINANCING) OF BUSINESS
DEVELOPMENT SERVICES
CHANGES IN FORMS OF SELF- EMPLOYMENT AND ENTREPRENEURSHIP
•
Diversity
•
Globalisation,
•
Social Media
Leading to
•
Changes in status of employed/unemployed/self-employed
•
Emergence of hybrid figures (e.g. intermittent, part-time or combined
entrepreneurs).
•
New forms of financing
See also November 2012, Conference on Inclusive Entrepreneurship
©HHS 2013 / MOLENAAR
INCLUSIVE ENTREPRENEURSHIP AND (FINANCING) OF BUSINESS
DEVELOPMENT SERVICES
MATCHING FINANCING WITH TARGET GROUPS
Informal
financing
Micro finance
XXX
XX
SHGs
Self-employed
XXX
Mutual
schemes/
cooperatives
Micro entrepreneurs
XXX
Survival and self
employed out of
necessity
Banks
Investment
funds
New forms
XX
Cooperatives/
Crowd funding
Small entrepreneurs
XXX
P2P lending/
Faith based/
Medium
entrepreneurs
XXX
XXX
P2P/ Informal
investors
©HHS 2013 / MOLENAAR
INCLUSIVE ENTREPRENEURSHIP AND (FINANCING) OF BUSINESS
DEVELOPMENT SERVICES
NEW / RENEWED FORMS OF FINANCING
Micro finance supplementary to banks;
Crowd-funding and peer lending, outside of traditional financial markets;
Faith based financing such as Islamic finance (specific target groups) ;
Loan guarantees revisited
Community based and self-governed financing systems,
©HHS 2013 / MOLENAAR
MATCHING BUSINESS DEVELOPMENT SERVICES WITH TARGET GROUPS
Business development services
Type of
Enterprise
Client development
Services (CDS)
Entrepreneurship
Development Services
(EDS)
Business Development
Services
Management training
Business Advice
Information
Technical skills training
Business Creation programmes (formal)
Innnovation programmes
Sector / market studies
Business associations
Infrastructure
Small
enterprises
Enterprise Education (at
vocational training and
polytechnic level)
Micro
enterprises
Financial Literacy programmes
Enterprise Education (at
Health, safety and environmental vocational training level)
awareness programmes
General business advice
Coaching mentoring
Self employed
Financial Literacy programmes
Adjusted advice
Informal training
Mentoring
Web based information
©HHS 2013 / MOLENAAR
INCLUSIVE ENTREPRENEURSHIP AND (FINANCING) OF BUSINESS
DEVELOPMENT SERVICES
FORMS OF DELIVERY
BDS
Isolation
BDS
FIN
BDS
FIN
or
FIN
Complementarity
Additional and
interrelated
BDS
Integrated
services
©HHS 2013 / MOLENAAR
INCLUSIVE ENTREPRENEURSHIP AND (FINANCING) OF BUSINESS
DEVELOPMENT SERVICES
NO STRUCTURAL FINANCING FOR BDS FOR SELF EMPLOYED/ MICRO
ENTERPRISES
JASMINE/ DG
REGION (EIF)
PROGRESS/ DG
EMPLOI (EIF)
Self employed
Capacity building
MFIs
Funding MFIs
Micro
Capacity building
MFIs
Funding MFIs
DG ENTERPRISE/ CIP ESF
etc
Special projects –
BDS
Small
Financial
instruments for SEs
Medium
Financial
Instruments for MEs
Special projects –
BDS
©HHS 2013 / MOLENAAR