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Organisation of Entrepreneurs stimulates enterprise - Amsterdam, the Netherlands
Introduction
The Organisation of Entrepreneurs Groot Oost provides start-ups and young businesses in the area with the support they require to run a successful business. The organisation stimulates enterprise in the Groot Oost district of Amsterdam.
Description
Stimulate employment and economic development in the area by helping young entrepreneurs develop business skills.
Approach
An organisation with four fulltime employees has been created. Available services include providing advice about business accommodation, legal regulations, business financing, training and education, market information and licenses. Special attention is paid to the development of business premises for start-ups and young companies.
Results
Some 900 people in total are expected to participate in meetings and courses. Five recruitment campaigns will be organised. A total of 100 jobs are expected to be created. In addition, 40 new start-ups are expected.
Resources used
European subsidy: € 572.074
Total cost: € 1.906.914
EU involvement
This project has been partially funded with Objective 2 funds. Since 2000 nine cities have been eligible for the Objective 2 Urban Areas in the Netherlands programme, which forms part of the European Fund for Regional Development (EFRD) of the European Union. EFRD is one of the four Structural Funds of the European Commission. The programme helps cities to carry out projects that benefit disadvantaged areas.
In the Netherlands, total European Objective 2 subsidies concern 192 million euros. 4.25% of the Dutch population lives in the selected areas.
The European Commission prescribes that for every euro from the EFRD, a minimum of one euro must be contributed from the government. The cities must therefore add their own public or private funding to the European subsidy. The European programme is linked to the urban plans agreed within the context of the urban policy of the Ministry of the Interior and Kingdom Relations. For this, the cities can make use of funds that have been allocated to them in the context of the national urban policy.
Contact info
Amsterdam Groot Oost - local programme management
Phone: +31 20 6080725
Project start date
01/01/2002
Links
City of Amsterdam

Document type
case
Themes
Urban Policy > Economy knowledge & employment > Urban economy
Keywords
Business support
 


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