To ensure the continuity of viable enterprises in danger of disappearing
In order to avoid the disappearance of viable enterprises due to lack of intergenerational transfers, the program facilitates the contact and approach between transferor and successor.
The transferor, or person who intends to transfer the activity, will have a communication channel where information on the main characteristics of their activity is offered. This information will allow to identify the entrepreneurs that have the required profile.
The successor, or entrepreneur who is willing to continue with the activity, will be able to know the details of the business projects that are transmitted and the adaptation to their possibilities as a future entrepreneur.
The main objective of the project is to ensure the continuity of viable enterprises in danger of disappearing due to problems other than economic ones, such as lack of generational transfers or change of professional orientation. In this way, the loss of economic capital and jobs is avoided.
Another objective of the project is to give entrepreneurs an alternative to creating a company from the very beginning. The purchase of a company in operation can be an attractive option in certain cases.

Resources needed

Training is a basic pillar to acquire the necessary knowledge. Regional governments have been in charge of organizing a series of face-to-face sessions to offer the advisors of business the basic tools in different areas.
Up to 11 face-to-face sessions of training.

Evidence of success

Since its inception, the project has provided guidance on the transfer of companies to about 500 people, contributing to the transfers of 26 companies, valued at more than 3.3 million euros, managing to retain more than 50 jobs.
Specifically in Castile and Leon, since the start of this initative, 13 projects have been completed and 8 potential projects are being discussed.

Potential for learning or transfer

The business is already created, so it saves time and money. The generation of the idea, the name, the logo, the search for the most appropriate place for the Company, etc. It has a portfolio of clients, as well as suppliers, and this is a task that takes a long time. Achieving a relationship of loyalty is a task based on perseverance and effort. The business is already known in the sector. This means that acquiring new customers will be easier. The benefits begin to arrive almost immediately, since there is no start-up time and cashflow is not interrupted. The employees, who are already working in the enterprise, know the business well and do not need to be trained to perform their duties. This saves expenses on recruiting and training new staff. The company has acted in the market for a long time, so it has a great knowledge of it and knows its weak and strong points, in the same way that it knows perfectly.

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Main institution
Junta de Castilla y Leon
Location
Andalucía, Spain (España)
Start Date
July 2018
End Date
Ongoing

Contact

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