Understanding and Developing Business Models in the Globalisation Era Erasmus Project

Project Title

Understanding and Developing Business Models in the Globalisation Era

Project Key Action

This project related with these key action: Cooperation for innovation and the exchange of good practices

Project Action Type

This project related with this action type : Strategic Partnerships for adult education

Project Call Year

This project’s Call Year is 2019

Project Topics

This project is related with these Project Topics: Entrepreneurial learning – entrepreneurship education; New innovative curricula/educational methods/development of training courses; Key Competences (incl. mathematics and literacy) – basic skills

Project Summary

CONTEXT: The idea of the ProBM 2 project comes from the fact that every year, more and more enterprises are established, but less than 40% of them survive the first 5 years. The main problem is that many entrepreneurs-to-be do not value the power of business models and seem not to pay enough attention to this stage of company creation. The ProBM 2 project is a continuation of the ProBM project “Understanding and Developing Business Models” (ERASMUS+), in which the partners developed a simple and helpful compendium of business models for the present or future entrepreneurs. This compendium is then a great base for preparing an educational offer in the form of a training programme (on-line and offline) for adult educators and training providers, which could be used in order to educate entrepreneurs and other adult people interested in gaining or extending knowledge and skills in the area of business models.

OBJECTIVES: The main objective of the ProBM 2 project is to increase skills and knowledge of adult educators and training providers in teaching business models. Acquired knowledge and skills will directly contribute to the design and use a good business model by the beneficiaries (the adults wishing to undertake business activity or already having a business) in practice in their present or future enterprises.

PARTICIPANTS: The target group includes adult educators and training providers willing to teach business models as one of the elements of the entrepreneurship, entrepreneurs-to-be, and other adults (as beneficiaries), who wish to extend their knowledge and skills on business models.

ACTIVITIES: The project foresees to undertake the following activities: four transnational meetings, case study analysis on business models successfully used in enterprises in partner countries (O1); competency profile for adult educators in the area of business models (O2); business models training programme for adult educators (O3); methodological guide for adult educators (O4); e-learning platform with the content of the training programme (O5). Moreover, the partnership foresees a wide range of dissemination activities (among others multiplier events in partner countries).

METHODOLOGY: The methodology in the ProBM 2 project assumes that the main responsibility belongs to the coordinating institution (ITeE-PIB), that supervises in the final stage the level of the performance of all tasks. In regards to the individual tasks, they are adequately divided between partners. The research methods used for the execution and completion of tasks include among others literature review, document analysis, case studies, discussion panels, interviews, and surveys. In the meantime of the execution of the project, the transnational meetings are organised.

RESULTS: The main result obtained in the ProBM 2 project are strongly linked to the outputs: case study analysis on business models in the enterprises in partner countries (O1); competency profile for adult educators in the area of business models (O2); business models training programme for adult educators (O3); methodological guide for adult educators (O4); e-learning platform with the content of the programme (O5). The main expected result of the ProBM 2 project will be the improvement of knowledge and skills of the target group and beneficiaries.

IMPACT: The ProBM 2 project has an impact on the target groups: (1) adult educators and training providers (possessing the necessary competences in the area of business models, improved awareness of the importance of teaching about business models as one of the elements of the entrepreneurship); beneficiaries – (2) adults, who wish to extend their knowledge on business models, and other adults planning to establish own enterprise (broadening of horizons to see the bigger picture of the benefits from having and improving business models; having the necessary competences in well-planned establishing of an enterprise; increasing knowledge about the principles of the business market).

BENEFITS: The use of the developed educational materials and knowledge on the issues linked with business models will enable to avoid the present or potential enterprise’s failure, and as a consequence, increase in the chances of its survival and success.

EU Grant (Eur)

Funding of the project from EU: 241674,16 Eur

Project Coordinator

SIEC BADAWCZA LUKASIEWICZ – INSTYTUT TECHNOLOGII EKSPLOATACJI & Country: PL

Project Partners

• UNIVERSITA TA MALTA
• FACTOR SOCIAL – CONSULTORIA EM PSICO – SOCIOLOGIA E AMBIENTE LDA
• UNIVERSITATEA DUNAREA DE JOS DIN GALATI
• INSTITUTE OF ENTREPRENEURSHIP DEVELOPMENT
• Training 2000 psc