Forty young people from Zajecar and Vidin, were trained in starting their own business. Last weekend October 25th to 27th 2013, they passed through a three-day training for young entrepreneurs in Vidin.

Young people with entrepreneurial ideas have been informed and learned useful things about the entrepreneurship, which they need for sailing in the water of business, starting their own business or improving the existing one. They passed through the area of business planning, learned what are products, and what services are, found the importance and the shape of business strategy and values, also, they learned how to organize a team and how the team can be managed, what are the key risks to youth entrepreneurship, and the possibility of financing their business.

Part of the training included visits to successful private companies in Vidin. Since youth entrepreneurs visited the porcelain factory,project of building the new business incubator center, as well as a textile factory Bdinteks were presented to them. There they could see the process of production, but also the relationship between the entrepreneur and between the owner and workers.

Their training does not end here, at least not for everyone. Ten most motivated trainees from Zajecar, and ten of them from Vidin will be included in three-month mentor program with experienced consultants in order to develop business ideas and plans.

This training was organized within the project “Youth Career Development, Employment, Entrepreneurship Networking and Transfer” in cooperation with  Kauzi Foundation from Sofia, Bulgaria  along with partner organization Bulgarian National Association of Small and Medium Businesses.

The Project is co-funded by EU trough the Bulgaria–Serbia IPA Cross-border Programme, №: CCI No 2007CB16IPO006.

The Project is also co-funded by The Ministry of Youth and Sport of Republic of Serbia.