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Case Study The Creation of Successful & Viable Enterprises


Aim


The overall aim is the creation of successful and viable enterprises. The aim is not necessarily to create more enterprises (although that is also desirable), but that the enterprises that Jobs and Society and its NyföretagarCentrum help starting up are well prepared, survive and do well. Two thirds of the people that come to NyföretagarCentrum for start-up advice go ahead and start an enterprise. 80 percent of those enterprises are still active after an average of three years, and less than one (1) percent of them have gone bankrupt after the same time period – unique figures in Sweden and the rest of the world.


Core Principles


 The activity is focused on start-up of new enterprises.


 The advice to the entrepreneur should be at no cost, confidential and objective.


 The advice should be of high quality and support serious entrepreneurship.


 NyföretagarCentrum should work through a


local network of advisors within its specified business region.


 The financing of the activity should primarily come from local business.


 NyföretagarCentrum should be neutral in relation to its sponsors.  The local board of NyföretagarCentrum should be mainly composed of representatives from private business.


The Jobs and Society model stimulates and facilitates the start-up and growth of new viable companies through a strong community focus, with companies working together to support business growth in their communities. This is seen to be their key contribution to the future health of their local community, creating wealth and jobs as a prerequisite to underpin the Swedish welfare system.


It recognises the weakness in the Swedish economic system, which relies on large companies and large public sector for employment. The traditional expectation is that employment will be found in one such large employer, so there is a weak entrepreneurial culture. The Jobs and Society model attempts to address


this through a community focused approach It is based on a network of dedicated and well - 55 - to


enterprise development, which aims to encourage and celebrate entrepreneurship.


trained


professionals, supported through a quality structure overseen by the central Foundation. Critically it is business led and business


Jobs and Society - NyföretagarCentrum


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