1. INCLUSIVE ENTREPRENEURSHIP AND (FINANCING) OF BUSINESS DEVELOPMENT SERVICES ©HHS 2013 / MOLENAAR Who pays for the services?

2. INCLUSIVE ENTREPRENEURSHIP AND (FINANCING) OF BUSINESS DEVELOPMENT SERVICES DEFINING TARGET GROUPS Under-represented women youth (younger people), migrants Disadvantaged seniors, (long term ) (long term) unemployed, ethnic minorities and migrants, disabled, ( early) school drop outs more generally people with low education. ©HHS 2013 / MOLENAAR

3. INCLUSIVE ENTREPRENEURSHIP AND (FINANCING) OF BUSINESS DEVELOPMENT SERVICES DEFINING THE TYPE OF ECONOMIC ACTIVITY Survival and self employed out of necessity Self-employed) Micro entrepreneurs Small entrepreneurs Medium entrepreneurs ©HHS 2013 / MOLENAAR

4. INCLUSIVE ENTREPRENEURSHIP AND (FINANCING) OF BUSINESS DEVELOPMENT SERVICES CHANGES IN FORMS OF SELF- EMPLOYMENT AND ENTREPRENEURSHIP Diversity Globalisation, Social Media Leading to Changes in status of employed/unemployed/self-employed Emergence of hybrid figures (e.g. intermittent, part-time or combined entrepreneurs). New forms of financing See also November 2012, Conference on Inclusive Entrepreneurship ©HHS 2013 / MOLENAAR

5. INCLUSIVE ENTREPRENEURSHIP AND (FINANCING) OF BUSINESS DEVELOPMENT SERVICES MATCHING FINANCING WITH TARGET GROUPS Informal financing Micro financeBanksInvestment funds New forms Survival and self employed out of necessity XXXXX SHGs Self-employed XXX Mutual schemes/ cooperatives Micro entrepreneurs XXXXX Cooperatives/ Crowd funding Small entrepreneurs XXX P2P lending/ Faith based/ Medium entrepreneurs XXX P2P/ Informal investors ©HHS 2013 / MOLENAAR

6. INCLUSIVE ENTREPRENEURSHIP AND (FINANCING) OF BUSINESS DEVELOPMENT SERVICES NEW / RENEWED FORMS OF FINANCING Micro finance supplementary to banks; Crowd-funding and peer lending, outside of traditional financial markets; Faith based financing such as Islamic finance (specific target groups) ; Loan guarantees revisited Community based and self-governed financing systems, ©HHS 2013 / MOLENAAR

7. MATCHING BUSINESS DEVELOPMENT SERVICES WITH TARGET GROUPS Business development services Type of Enterprise Client development Services (CDS) Entrepreneurship Development Services (EDS) Business Development Services Small enterprises Enterprise Education (at vocational training and polytechnic level) Business Creation programmes Management training Business Advice Information Technical skills training (formal) Innnovation programmes Sector / market studies Business associations Infrastructure Micro enterprises Financial Literacy programmes Health, safety and environmental awareness programmes Enterprise Education (at vocational training level) General business advice Coaching mentoring Self employed Financial Literacy programmes Adjusted advice Informal training Mentoring Web based information ©HHS 2013 / MOLENAAR

8. BDS FIN BDS Complementarity Isolation Additional and interrelated Integrated services FIN BDS or INCLUSIVE ENTREPRENEURSHIP AND (FINANCING) OF BUSINESS DEVELOPMENT SERVICES FORMS OF DELIVERY ©HHS 2013 / MOLENAAR

9. INCLUSIVE ENTREPRENEURSHIP AND (FINANCING) OF BUSINESS DEVELOPMENT SERVICES NO STRUCTURAL FINANCING FOR BDS FOR SELF EMPLOYED/ MICRO ENTERPRISES JASMINE/ DG REGION (EIF) PROGRESS/ DG EMPLOI (EIF) DG ENTERPRISE/ CIP etc ESF Self employed Capacity building MFIs Funding MFIs Micro Capacity building MFIs Funding MFIs Special projects – BDS Small Financial instruments for SEs Special projects – BDS Medium Financial Instruments for MEs ©HHS 2013 / MOLENAAR