Press releases

Petru Gurgurov, acting Director General ODIMM, stressed the importance of supporting failed entrepreneurs. “Launching and leaving businesses are natural processes inherent to economic life. Statistics confirm that 50 % of enterprises do not survive in the first 5 years of life. A second chance for these entrepreneurs means learning from mistakes and building a new successful business”mentioned Petru Gurgurov.

Iulia Costin, State Secretary General of the Ministry of Economy and Infrastructure supports the initiative to support entrepreneurs who experience business failure. “The Danube Chance 2.0 project provides a new support tool for entrepreneurs and can underpin the creation of new policies to support the SME sector. International experience shows that successful entrepreneurs are not always at first business, usually they have at least one failure. This is a lesson learned and a step forward to success, and we need to provide support and support to them”reiterated Iulia Costin.

“The project DANUBE Chance 2.0 provides entrepreneurs of the Danube Region with a new chance through support intruments such as: analysis of the legislative framework on entrepreneurship and business re-launching, online and off-line training in the “Trial and Error” Academy, and the possibility to benefit from mentoring and business re-launch advisory services,” said Elena Rusu, Project Manager DANUBE Chance 2.0.

The breakfast business is the first of the three events that will take place during the Danube Chance 2.0 project. “Accepting failure to facilitate entrepreneurs’ access to second chance in the Danube region”, co-financed by European Union funds (ERDF, IPA, ENI) through the Danube Transnational Programme. The IMMO, together with project partners, is committed to supporting the creation of a favourable environment for entrepreneurs who need a new chance through a range of initiatives to improve the legislative environment, training and business restructuring services.