-
Open Coffee 25th November 2016
-
Our mission
To relieve unemployment in Greece through entrepreneurship
Privately funded
Not-for-profit organization
Social impact through job creation
-
1 in 4 or 1.3 million of working population is unemployed
Small business owners account for 75% of private sector jobs
Greece has the lowest score in access to finance in all 28 EU
countries
Why we exist
-
What we do
Micro-funding: grants & micro-loans
Business Development Services
.to existing and aspiring entrepreneurs
looking to create or grow a business
-
Micro-fundingMix of Grants & loans
Grants of up to 10,000 per business as
startup capital for a new business or as
working capital for an existing business
Micro-loans of up to 10,000 per business
(provided by Action Finance Initiative)
Leverage partnership to generate funding
of up to 20,000 per business
-
Business Development Services
Support businesses to improve sustainability:
Business plan creation
Coaching
Mentorship
Business education and training programs (accounting, tax, HR,
management modules)
Access to incubators and accelerators
Discounts on office space, equipment, services and materials
-
We value
Long-term viability and growth for entrepreneurs
and their employees
Practical and direct social and economic impact
in the local economy
Empowering the ecosystem through partnership
with existing organizations
-
Eligibility
First time entrepreneurs
Existing entrepreneurs looking to scale or pivot
Second chance entrepreneurs
All industries
All age groups (over 18)
Prioritize vulnerable groups (unemployed, disabled, single
parents)
-
Funding Criteria
Long term viability & growth
Employment creation
Social & Economic impact
Multiplier effect to suppliers
Scalability
Innovation
-
Some Examples
Sarantaporo.gr : Connecting isolated villages
deprived of connection and basic services
(e.g. medical aid) with the world through
wireless networks.
-
Some Examples
Mind Gate: Creating a Virtual Reality Escape
Room
-
Some Examples
The creation of a piece of software for a
niche consultancy in the drinks industry
-
Some Examples
Stergiou Micro-brewery : nothing to do with
I.T., but its beer! So.
-
So
-
Committed over 108k to 23 businesses
On target to support 30 businesses in 2016
Where we are today
-
Fund over 100 business in 2017
Grow volunteer base
The year ahead
-
Contact details
Email: [email protected]
Website: www.thepeoplestrust.org
mailto:[email protected]://www.thepeoplestrust.org/
