The overall objective of the Swiss Entrepreneurship Program is to create jobs by strengthening the entrepreneurship ecosystem in six target countries. The program works with relevant ecosystem organizations (incubators, accelerators) and provides strategic support in improving their business model and acceleration programs and thus increase their performance. Consequently, the program does not work directly with companies, however growth-oriented entrepreneurs, startup teams and companies at an early stage will profit from state of the art services to grow and sustain their business.
The Swiss Entrepreneurship Program designed four main interventions, which are ongoing throughout the duration of the program:
1. Incubator & Accelerator Support
This intervention aims at developing or enhancing self-sustained business models and management capacities in partner organizations as well as introducing up to date acceleration programs for growth-oriented entrepreneurs.
Enabling local organizations to build their network of local (and diaspora) mentors and define a value proposition to help engage and retain those mentors. Partner organizations are supported to provide mentor and master mentor training.
3. Angel Investments
Supporting partner organizations to activate and engage with angel networks and jointly organize angel investor workshops to ultimately facilitate private investments in startups.
4. Media Buzz
Media work is a central and transversal matter and takes place on two levels. Firstly, partner organizations are supported to increase their capacities on producing and sharing content regarding entrepreneurship. Secondly, local media representatives and journalists are sensitized to increase publications on entrepreneurial topics and success stories.
The Swiss Entrepreneurship Program also includes two crosscutting interventions, which influence the main interventions above. Women Participation aims to increase and enhance women entrepreneurs and their participation within the ecosystem while Diaspora Involvement focus on activating diaspora members as mentors, investors and in media. Furthermore, the program will provide Peer Exchange Meetups and NexGen Women Bootcamps, limited in time and number of events.
General PrinciplesThe Swiss Entrepreneurship Program
By strengthening the entrepreneurship ecosystem sustainable, the program aims at creating 4,000 jobs by the end of 2019. Since the program focuses on growth entrepreneurship, it is anticipated that businesses that go through enhanced acceleration programs, will increase their annual revenues by 50%.
J.E. Austin Associates, Inc.
2015 - 2019