Economic development

16 October 2018

Social enterprise: Entrepreneurship with a social impact

(From ec.europa.eu ) As pointed out by the European Commission, entrepreneurship and self-employment help create jobs, develop skills and give unemployed and vulnerable people an opportunity to fully participate in society and the economy. Accounting for 14% of total employment, self-employed people play an important role in the EU economy. The latest Eurostat figures show that 30.6 million people aged 15-64 in the EU were self-employed in 2016. Considering that SMEs make up 99% of companies in the EU and account for two thirds of total employment, it’s clear why the Commission supports these...
07 August 2018

EUR 15 million of EU financing for micro-entrepreneurs in Latvia

The European Investment Fund (EIF) and ALTUM, a state-owned development institution of Latvia, have signed a microfinance guarantee agreement under the EU Programme for Employment and Social Innovation (EaSI).
30 November 2017

New sources of childcare support for working families in the United Kingdom

As of September 2017, the UK Government has implemented a universal scheme to provide 3- and 4-year-old children of working parents in England with 30 hours of free childcare per week, an increase from the 15 hours of free provision that has been availabl...

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