Kohesio: discover EU projects in your region

European Commission Topic

Startup Ingenium

The overall objective of the project is to encourage entrepreneurship and student employment by supporting the establishment of enterprises that activate economic sectors with competitive potential. The overall objective of the project is in line with thematic Objective 10: Investing in education, training and vocational training for skills and lifelong learning, with Investment Priority 10.iv “Increasing the labour market relevance of education and training systems, facilitating the transition from education to the labour market and strengthening training and training systems and their quality, including through skills anticipation mechanisms, adaptation of curricula and the establishment and development of work-based learning systems, including dual learning systems and apprenticeships” and Specific Objective 6.13. “Increasing the number of tertiary university and non-university graduates who find employment as a result of access to learning activities to a potential job/research/innovation, with a focus on economic sectors with competitive potential identified according to CNS and areas of smart specialisation according to SNCDI”. The project will be a prerequisite for countering the negative effects of structural adjustments generated by the economic and health crisis by generating economic and social alternatives and by improving the economic status of students who want to start a business on their own in areas with competitive potential. Thus, it will increase the employment of higher education graduates in fields of activity identified as being of the future in order to develop a competitive knowledge-based economy, thus reducing the period of time from completion of higher education to employment of graduates. In the long term, the benefits generated by the project aim to provide a decent living for the 350 members of the target group, by presenting entrepreneurship as an alternative in career and by providing vocational training programs in the field of entrepreneurial skills. The implementation of the project will lead to the support of 26 newly established companies (through the de minimis scheme) and to the creation of at least 65 jobs in areas with competitive potential — these will have a positive impact on the entrepreneurial ecosystem as well as on the living standards of the population. These benefits will spread to the community of which entrepreneurs belong, thus creating a multiplier effect. At the same time, the state indirectly benefits from the implementation of the project, considering the reduction of unemployment rate and the economic growth generated by the newly established enterprises. In conclusion, the implementation of the project will generate

Flag of Romania  Multiple locations, Romania