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Successfully Engaging Senior Entrepreneurs: 50+Start Your Own Business Course. Hugh Reilly CEO Meath County Enterprise Board (CEB). CEB’s Overall Objectives. Fostering an Enterprise Culture Supporting Dynamic New Enterprises Strengthening Existing Businesses Supporting Growth. - PowerPoint PPT Presentation
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Successfully Engaging Senior Entrepreneurs:
50+Start Your Own Business Course
Hugh ReillyCEO
Meath County Enterprise Board (CEB)
CEB’s OverallObjectives
• Fostering an Enterprise Culture
• Supporting Dynamic New Enterprises
• Strengthening Existing Businesses
• Supporting Growth
CEB’s Supports for Start-ups
• Information • One-to-one Advice• Start Your Own Business• (SYOB) courses• Business Skills Training• Business IT Skills• Seminars• Networks• Mentoring• Finance
50+ SYOB Pilot Programme
• Kildare, Meath, Wicklow• Pilot: 3 courses run simultaneously• SYOB Content & format adapted• Residential element introduced• Promotion• Funding
Participation
New Business Profiles
• Healthcare• Beauty• Tourism• Software• Craft• Web based• B2B services• B2C services
• Average projected number of employees:2
• Average projected annual turnover: €120,000
50+ SYOB course – A Success?
• High overall satisfaction rating by particpants• Clear merit of having an age specific
50+SYOB course• Strong commitment by particpants• Good dynamic and collaboration • Too early to judge the number of
sustainable new businesses that will emerge
Recommendations
• A focus on an age specific 50+ Start Your Own Business has merit and should be continued• Include testimony from past particpants in
marketing and promoting future courses• Extend the length of the course to 12 weeks• Focus on the production of business plans
as targeted outcome
Recommendations
Style of delivery•Draw on the expertise and experience of particpants•Less as a teacher more as a facilitator•Focus on applied learning•Provide course material in advance of each session•Presentation and course materials to be easily read and heard
Recommendations
• Profile particpants at early stage (expertise, experience and planned new businesses)• Recognise unevenness among group
in IT knowledge and computer skills• Issues surrounding succession and
exit strategy very pertinent• Facilitate social/networking element
Recommendations
• Residential workshop should be be made more developmental• Introduce role models to describe
their experience to group• Following the course, develop self
sustaining groups • Six month follow-up• Develop online resource material• Role of Senior Enterprise
Successfully Engaging Senior Entrepreneurs: 50+Start Your
Own Business Course
Hugh ReillyCEO
Meath County Enterprise [email protected]