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Creation of Job Opportunities through Business Support for Youth in the Transnistrian region

Sector: Business

Implemented by: The Chamber of Commerce and Industry (left bank, Tiraspol)

Budget: 344,825 EUR

Duration: July 2015 – April 2017

Short description: Creation of job opportunities in the Transnistrian region (for people aged 18 to 35 years old) by providing young entrepreneurs with support in starting and running a business, getting opportunities to network, share their knowledge and best practices

Beneficiaries: Direct-16 grant beneficiaries assisted in the Transnistrian region, including 9 women. Indirect-224 people

Results: A network of young entrepreneurs has been created as a result of implementation of two mirror projects and that ensures further durability of project results as the young entrepreneurs are interested to cooperate to ensure further partnerships. Some of the beneficiaries have already identified new opportunities to extend their businesses on the oppostite bank.

•146 applicants (51 women) benefitted from 4 one-day trainings on business plan writing (Tiraspol, Bendery, Rybnitsa) and 52 candidates (15 women) received more than 75 hours of individual consultancy on all aspects of business plan writing;

•16 grant beneficiaries (9 women) from Tiraspol, Bendery, Grigoriopol, Ribnitsa, Slobozia, Dnestrovsc, Dubasari were selected and received grants of 9,400-13,500 EUR, along with individual coaching and provision of business support services offered for 14 months;

•69 new jobs have been created and more than 220 people improved their livelihoods;

•5 thematic seminars were organized on topics like: human resources, organizational management, accounting and fiscal regulations and negotiation skills.

•A Joint Conference, organized in Tiraspol in October 2016, was attended by more than 100 participants. During the event, the entrepreneurs had the opportunity to share their own products/services and their success story, as well as to network.