Every year many well-functioning family-run companies disappear due to the inability to find successors to the business leaders. Despite existing succession schemes in some countries, there is still overall limited experience and awareness on business ownership transfer. The project ENTER-transfer aimed to facilitate business succession at national and transnational level. The project developed innovative tools and services that will streamline the business succession process and help sustaining family companies.
Moreover, the project developed a matchmaking portal for companies that seek succession, a toolbox with practical guidelines for both succession seeking companies and succession seekers, and strategies for creating favourable conditions for business succession. The joint efforts of the partners resulted in improved awareness and succession-supporting capacities of public bodies through trainings and regional strategies, strengthened skills and competences of young entrepreneurs, owners of family businesses and their descendants by targeted trainings.
One of the main issues of business succession, is the challenge of finding a suitable successor.
Therefore, we decided to create an online market place, where business owners can find and meet
potential successors. One of the big differences and innovative aspect to other platforms, is the
transnational approach, where you may find businesses across borders.
As a user you have the chance to promote yourself or your company and find the perfect match by
searching the profiles with the help of filters, which categorize the profiles by size, location and
The Toolbox is a comprehensive tool primarily targeting established family businesses and descendants of their owners as well as young entrepreneurs in the pursuit of the business transfer.
Through detailed "Road map" it provides a detailed guidance for users ranging from the preparatory steps to accomplishment of the business succession process both at the national and transnational level.
The main purpose of the regional strategies is to serve as a guide for the public authorities for introduction and enhancement of the business succession process. Each strategy focuses on selected region.
Each strategy allows to identify strengths and weaknesses of the focused region regarding the business succession process support and has been discussed and validated by selected public authority in each region.
The transnational strategy represents a strategic framework, which could be – after proper calibration to local conditions – used as a guidance in any region.
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