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Financial & Forecasting models for Entrepreneurs

The project ‘INVEST Financial & Forecasting models for Entrepreneurs’ aims to develop a training model and tools to support micro- entrepreneurs, especially those pertaining to generation Y (those aged 18-34), to make responsible economic, financial and investment choices, not only for business but also personal finance.

Ultimately, the project seeks to boost the financial literacy in micro- enterprises in order to help them remain stable in the market, foster local economies and support further employability.

After the training, micro-entrepreneurs will be able to manage their businesses responsibly, planning current and future investments as well as making accurate and economic financial choices through rational forecasts based on genuine costs/benefits analysis.

The objective of the project is to provide a guide to make responsible economic, financial and investment choices.

ln order to achieve this, the project seeks to develop:

  • a training model addressing the topic of financial literacy to boost entrepreneurs' capacity to undertake responsible financial choices with the contents adapted to the needs of the target group.
  • the instruments needed to develop financial competences through the use of transparent and recognition tools ECVET so as to ensure transfer of competences, transparency of learning outcomes all within an edutainment methodology.

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