Identify companies in difficulty and organize support activities for companies in difficulty and their follow-up in their future development
The network should present methods for identifying SMEs in difficulty and collect relevant data and analysis on bankruptcies, crisis management, the impact of insolvency laws, as well as the cultural and societal attitude towards insolvency.
Second chance: The actions and measures identified by the experts will be applied in four EU Member States in which these advisory services to companies in difficulty are little or no existing. Support will be provided to a number of identified companies to overcome problems related to business restructuring, insolvency or return to business. For Life coaching this is a very important part now.
Recommendations and dissemination of results
The project must propose activities and measures that could contribute to the de-stigmatization of commercial failure. The network should develop recommendations that could be used by policymakers at both EU and Member State level to develop a regulatory framework and policy measures in the area of insolvency and second chance. It will also organize training sessions, workshops and learning activities during which the network experts will publicize the results of the project. It will have to ensure …