How to create opportunities for self-employment and entrepreneurship among disadvantaged groups?

28/09/2022

The key to effective policies promoting self-employment and entrepreneurship is to give everyone a chance to realise their own ideas - whether they are young people starting out from disadvantaged backgrounds, mothers with young children or Roma. At the same time, incentives must be tailored to individual needs and go beyond financial support.

Petra Edina Reszkető, senior researcher at the Budapest Institute, gave a guest lecture on inclusive enterpreneurship development at the ImpactHub workshop on 28 September 2022. In addition to the concept of inclusive entrepreneurship development, the presentation covered the policy considerations in OECD and EU countries that guide programmes targeting disadvantaged groups (e.g. youth, women, elderly, ethnic minorities, immigrants), and the tools that are effective and efficient in reaching and engaging these target groups. In the case of Hungary, it would be particularly important, in addition to easing the capital requirements for setting up a business, to reduce administrative costs, provide personalised mentoring and facilitate access to welfare services (e.g. day-care).

The presentation shown during the lecture can be found here (in Hungarian): http://www.budapestinstitute.eu/uploads/BI_Reszketo_ImpactH_20220928_final.pdf