Entrepreneur Support Centers can be your ally to start a successful business when you don’t have the resources, education and experience.
It is proven that companies are not an activity that you can develop without the support of third parties. Because at a certain point in the process, in addition to financial resources, you also need to strengthen your skills and abilities to run your business.
You should also have people or institutions that facilitate the adoption and development of technology that improves your performance. And no less important: you must have experts who will advise you on all the necessary steps. There is no doubt that third party support is essential to the success of any business.
So if you are an entrepreneur and do not have this support, you should know that there are institutions that are responsible for providing all these tools in a holistic way. These are the support centers for entrepreneurs.
Want to know what they are and how to get their support?
Then I invite you to read on, because I am sure that more than one could interest you.
What are Entrepreneur Support Centers?
Countries around the world are increasingly aware of the role that the growth of the economic system plays in the development of their countries. With that in mind, they have developed a set of policies aimed at supporting business initiatives in key sectors of the economy.
These policies are implemented by organizations specialized in accompanying entrepreneurs in the first stages of their ventures. This type of organization is called an Entrepreneur Support Center.
These centers are responsible for providing entrepreneurs with all kinds of advice, training programs, funding opportunities and network of contacts to help them launch their ventures successfully.
This support goes beyond the public sector, as more and more private entrepreneur support centers are joining in this task. Such is the case with startup incubators and accelerators, which are becoming increasingly common across the region.
What do these centers offer?
Training to update knowledge:
When we do something, we often do it without any kind of experience. This leads us to make some mistakes by not knowing basic information about starting businesses in their early stages. In addition, the lack of skills and abilities limits our ability to achieve the goals and objectives.
In this sense, these centers offer training programs so that you can acquire all this knowledge and develop your skills.
More facilitation for financial agreements:
One of the biggest difficulties of every entrepreneur is the financing of his project. Because investors want projects with potential and entrepreneurs with the ability to develop that potential, but unfortunately not all entrepreneurs have both qualities.
For this reason, it is difficult for investors to find this type of entrepreneur individually. In the start-up support centers, however, this task is very feasible. Because the purpose of these centers is precisely to develop such qualities in entrepreneurs.
Investors know this very well, which is why they usually enter into preferential agreements with entrepreneur support centers to fund projects. Hence the ease of finding funding opportunities in these centers.
Improving the market network with a greater likelihood of attracting customers:
Entrepreneurs often have a business idea with potential and the skills to develop it. But it is difficult for them to place their product on the market because they do not have a network of contacts with potential customers.
As their main activity is to promote entrepreneurship, the centers have an extensive network of contacts with different companies. This makes it easier for them to help entrepreneurs get their products to market, find suppliers and thereby achieve greater market penetration.
Opportunity to receive grants specifically for clubs:
As you have seen above, the state is one of the main players in promoting entrepreneurial activity in a country. With that in mind, it has provided a range of grants to fund key projects for the economy.
The state usually implements such subsidies through the various associations and funding agencies for entrepreneurs. Therefore, these centers have become a great opportunity for many entrepreneurs to opt for a subsidy.
Participation in third-party projects that may be beneficial for personal projects:
One of the advantages of support centers for entrepreneurs is their ability to connect different projects. This makes it easier for them to bring different entrepreneurs into contact to exchange products, services, experiences and knowledge and thus support each other.
As you may have noticed, these centers aim to provide comprehensive support to the entrepreneur. This support ranges from skills and abilities training, access to finance, go-to-market, opportunity to receive funding and participation in third party projects.
These are the main benefits that you can get in an entrepreneur support center. Without a doubt, these centers represent an invaluable support for the entrepreneur.
To give you a better idea of how one of these centers can help an entrepreneur, let’s look at the example below:
Carlos is a very creative shoemaker. He has been making handmade shoes at home for some time. However, since his shoes are in increasing demand, he has considered increasing production by founding a micro-enterprise.
Carlos has almost all the equipment and tools to make his shoes. All you have to do is buy a machine that will save you time and therefore increase production.
The problem is that the machine is quite expensive and he doesn’t have the means to buy it. That’s why he turned to an entrepreneur support center in his area for help. To Carlos’ surprise, he was able to find much more than just funding.
What kind of help did Carlos receive?
Although this artisan knew very well how to make good shoes, he had no idea what steps he needed to take to start a micro-enterprise. Little did he know that he had to have a number of procedures and legal approvals before beginning billing. And far fewer knew about tax obligations. Luckily, Carlos got the right advice and was able to proceed with the creation of his micro-enterprise.
Carlos is lucky because the support center he visited recently signed an agreement with the state to transfer funds to micro-entrepreneurs. Now you can decide to finance the purchase of your shoemaking machine.
But that’s not all, because the center put him in contact with important textile companies, and one of them agreed to provide him with the raw material to make shoes.
Finally, Carlos is constantly advised at every stage of his business. Now he is very grateful to have had a center that has supported him in so many aspects of his business.
Carlos’ example is another illustration of what you can get at an entrepreneur support center. There are countless success stories.
These centers can be found throughout Latin America and Spain. It is worth noting, however, that not all of these aids are comprehensive. Well, there are centers that specialize in financing, others in advice and training, and others that only offer part of these services.
Entrepreneur Support Centers
The Spanish Chamber of Commerce offers a variety of options to make your business more competitive. Provides financial support to start your business and facilitates the necessary procedures and certifications
Anprotec is the association that represents the interests of incubators, technology parks and innovative startups in Brazil. It acts by promoting educational activities, articulating public policies, and generating and disseminating knowledge.
This incubator offers you design and support for your project. It guides the development of activities and shared value creation between the entrepreneur and Austral Incuba. In addition, it manages the resources to realize your project and links it to strategic business networks.
It is a business growth management unit of the national government. It was created to promote entrepreneurship, innovation and productivity as axes for business development.
These are just a few, but in reality there are many more entrepreneurial support centers in the region. So if you want to do something, contact any of them because you will surely find the support you need.
Success in your project!