Financial aspects

1
FINANCE 1
Budget

• Financial aspects
• Budgets
• Subsidy
• Use of the budgets

2
FINANCE 1
Budget

• You have spend
• On 1-11-2007 on 1-1-2008?
• Landstede 7
• EEP 15
• EfVET 2
• JADE 9
• SYNTRA 2
• VOKA 28
• RDA 30
• VTU 28
• CECE 7
• AOC-OOST 33
• NHTV 14
• BPE 2
• EUS 29
• Together 16 much more than 28 ?

3
FINANCE 1
Budget

• Budget 1e Subsidy
• 514.503 154.337
• Used should have used
• 80.386 16 gt70 of 1e subsidy28
• 28144.000
• Conclusion no second term of subsidy!

4
FINANCE 1
Budget

• How to stimulate the students?
• Buy their product
• Give the new company a research task
• Let them do a job (market research, develop a
  product, make a web site, organise a meeting,
  invetsigate the needs of companies, set up a JE)
• Etc.

5
FINANCE 1
Budget

• Can we use budget / subsidy for this?
• YES
• You can use staff money to guide and to coach
• You can use operational money (except overhead)
  to buy equipment, to pay travel, to pay
  production, etc. Later we can move budgets from
  one section to another. Must be motivated!
• Not using the budget ? back to EC . This is ?

6
Dont carry water to the sea
Budget
Why cant I bring water to the sea?
Never accumulate where already is a lot, there
are better targets!
7
FINANCE 1
Budget

• What about not used budget?
• Suggestions
• To produce a DVD with 2-minute impression of
  established companies. Partner can select the
  best one, make a contest, etc. Send your file to
  Jan/Guido.
• To produce a manual (textbook workbook) which
  partners and other can use for entrepreneurship
  education (see examples)
• We propose to divide the costs among the
  partners, but partners who have spend all their
  budget will not be charged extra!
• Do you agree, have you suggestions?

8
Manual 1
manual
9
Manual 2
manual

• Content
• 1 Preface
• 2 Introduction
• Preparation to get started
• Market research
• Planning
• Business plan
• Financial plan, investments,
• Competence profile of entrepreneurs
• Implementation of entrepreneurship education in
  school programs
• Take over
• Administration, registration, licenses
• Insurances
• Tax, VAT,
• Annual accounts
• Staff
• The partners
• The authors

10
Manual 3
Workbook
Examples
11
Manual 4
Internet
support
Examples
JADE
12
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