Young Entrepreneur Factory

1
Young Entrepreneur Factory

• Northern Periphery Programme
• Inverness
• Edna Cameron
• 28th August 2003

2
Scotland

• Lead partner
• Moray College
• Inverness College
• Highlands and Islands Enterprise

3
YEF Partners

• Norway Tromso, YEN
• Sweden - YES
• Greenland - Nuuk
• Iceland - Icetec

4
YEF Partners - beyond

• Russia Arkhangelsk
• Tacis
• Exchange of ideas
• Marketing
• Links and Networks
• Tasmania original idea
• Newfoundland

5
Entrepreneurial Tree House

• Way of thinking
• Approach
• Confidence building
• Skills
• 16 25 age group
• Develop ideas
• creativity

6
The Factory

• Three stage development process
• Physical presence
• Pre incubator stage
• Effective use of mentoring
• Making Entrepreneurs
• Public sector
• Large business

7
Condition

• Submit a revised budget
• Iceland and Greenland
• NPP like money exhausted
• Enthusiasm for so many projects
• 1540332

8
Recommendation

• Consider including partners from
• Finland
• Faroe Islands
• Take into account existing good practice

9
Outcomes

• Research into most effective means of support
• Exchange visits for young people
• Virtual cells of like interests
• IT
• Service sectors
• New businesses set up

10
Dream

• Create a vibrant economic climate in the regions
  of the Northern Periphery
• Focus on the young people
• Future of the region
• Difficult but worthwhile