Welcome!

Introduction

“INVEST- Financial and forecasting models for entrepreneurs” is a two-year (2016 - 2018) European project which aims to provide young entrepreneurs with educational tools to help them make responsible choices according to their business’ financial-economic availability and predictable development.

Young micro-entrepreneurs will be invited to take part in the “INVEST WISELY” course, and benefit of a flexible, but also customized, training model dealing with financial literacy issues in accordance with their specific needs to guide them how to make good choices with regard not only to their business but also to their personal finance.
In order to define the course’s contents and delivery methods, and understand the above-mentioned learning needs, the partnership will investigate the level of financial literacy.

We kindly invite you to participate in our analysis activities by answering the following questionnaire.

This activity will take around 15 minutes.


Key concepts:

Entrepreneur: someone who exercises initiative by organizing a venture to take benefit of an opportunity and, as the decision maker, decides what, how, and how much of a good or service will be produced. An entrepreneur supplies risk capital as a risk taker, and monitors and controls the business activities. The entrepreneur is usually a sole proprietor, a partner, or the one who owns the majority of shares in an incorporated venture. (http://www.businessdictionary.com/definition/entrepreneur.html)

Micro-enterprise: an enterprise is considered to be any entity engaged in an economic activity, irrespective of its legal form. This includes, in particular, self-employed persons and family businesses engaged in craft or other activities, and partnerships or associations regularly engaged in an economic activity. Within the SME category, a microenterprise is defined as an enterprise which employs fewer than 10 persons and whose annual turnover and/or annual balance sheet total does not exceed EUR 2 million. (COMMISSION RECOMMENDATION of 6 May 2003 concerning the definition of micro, small and medium-sized enterprises)

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