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1,2,3,GO « An Interregional Stimulation Programme for Entrepreneurship  »

1,2,3,GO « An Interregional Stimulation Programme for Entrepreneurship  ». by Business Initiative a.s.b.l. Luxembourg. Certified by the European Commission as an example of Best Practice , Berlin – June 2007. What is the purpose of 1,2,3,GO ?. Programme for entrepreneurship stimulation

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1,2,3,GO « An Interregional Stimulation Programme for Entrepreneurship  »

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  1. 1,2,3,GO« An Interregional Stimulation Programme for Entrepreneurship  » by Business Initiative a.s.b.l. Luxembourg Certified by the European Commission as an example of Best Practice, Berlin – June 2007

  2. What is the purpose of 1,2,3,GO ? • Programme for entrepreneurship stimulation • Business plan contest • A network of 295 coaches • Start bonus • Dedicated exclusively to innovative projects • Interregional: covering 4 european countries • Multicultural • Multilingual with 3 different languages Wallonia (Belgium) Rhineland-Palatinate (Germany) Grand-Duchy ofLuxemburg Saarland (Germany) Lorraine (France) The Greater Region 65.401 km211,2 Millions Inhabitants53 000 new businesses per year 257 000 Millions GDP in 2003

  3. Origin and set up of 1,2,3,GO • Inspired by a German contest in Munich where a methodology by Mc Kinsey was used • Extended to the Greater Region : • Centrally managed from Luxembourg • Relayed in each region by 7 local offices • Initiated by major Luxembourg employer’sorganisations (FEDIL, Chamber of Commerce and Luxinnovation) • Formalised in 2000 by a non profit organisation « Business Initiative », located in and supported by the Chamber of Commerce of Luxembourg • Financed by public and private funds (more than 50%)

  4. Interregional: special value of 1,2,3,GO • Synergy effects between the 4 different regions • Interregional events • Each time in a different area of the GR (speed-coaching, business plan booster, award ceremony) • Events are simultaneously translated into French and German • Multilingual and multicultural • Exchange of best practices in the entrepreneurial field • Transborder business opportunities

  5. Steps to follow: Implement and take care of the networking Create a strong management team Show a constant presence with events Elaborate an attractive web site Develop an efficient marketing campaign Insure a very professional communication between entrepreneurs and coaches Key success factors: Permit the know-how transfer between the central organisation and regional representations Insure the implication of every relay Dynamise the network with coaches, sponsors and professionals Initiate a win/win situation between all stakeholders To be taken into account

  6. 167 new businesses with 868 new jobs

  7. Our partners Some of our new sponsors used to be 1,2,3,GO projects !

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