Project Description
The B-CAPP project concerns a complete training program for financial planning/management of start-ups complemented by smart use of ICT for reduction of operating costs and cross border business activity leading to increase in competitiveness. There were too may initiatives in the past for starting companies (between 2008 and 2013, the average time for starting a business was cut from 9 days to 4 days and the cost fell from €463 to €315) but too few on helping companies stay afloat. It is easier now to start a company in Europe, but it is still difficult to gain access to a larger customer base across Europe and scale up to become a global winner. This program aims to empower entrepreneurs with the financial management skills and knowledge required in order to help them run and manage their businesses successfully and effectively. As lack of financial knowledge on managing a business is considered to be one of the main reasons of business failure, this program will address this gap so that it can contribute to reducing the rate of entrepreneurial failures.
