ENTER-transfer

Business succession is an important issue for companies and policy makers in CE since it entails economic and social impacts. Every year many well-functioning SME close due to the inability of finding successors able and/or willing to take over business leadership. Especially countries in Eastern Europe have limited or no experience with business ownership transfer.
Although Austria has a well established support scheme for business succession, an “innovation lag” during business transfer is a common problem which has to be overcome.

The goal of this project is to improve economic and social innovation in CE by creating an environment enabling business succession at national and transnational level.
The awareness of succession in public and private entities will be increased by improved supporting schemes of public bodies via trainings and regional strategies. Further, competences and skills of young entrepreneurs and members of family businesses will be strengthened.