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Intergenerational Mentoring for Entrepreneurs
Start date: Sep 1, 2014, End date: Aug 31, 2017 PROJECT  FINISHED 

The recession has impacted unfavourably on the employment levels of younger people in the EU; in several countries this is now over 50% and rising. Older workers who become unemployed are more likely to slip into economic inactivity, especially women and the lower-skilled. Older workers have different skills and competences compared with other generations; without their participation in working life, a shortage of professional, structural and networking capacities will arise. Their transfer of knowledge to younger workers is important; different strengths of different generations creates the strongest combination of competences in the workplace. Better work ability for older people affects their later life; with the increasing numbers of older persons in the EU, it is vital that there is investment in active ageing (active living). Fostering entrepreneurship and transversal skills, including entrepreneurial teaching and innovative methods of approaching teaching, entrepreneurial experiences for younger people, students; this project addresses these aims. The main aim of this project is to develop working partnerships between education and employment, including self-employment, entrepreneurship; local and regional economic policies include entrepreneurship as a valid alternative to unemployment. Many older people are also turning to self-employment for the first time in their lives; in some cases this is a necessity, in some cases they want to realise their 'dreams'. Mentoring is proven to help new businesses to succeed; many business fail within the first year; personal help and guidance can make a difference. The older generation who have retired but are still active; their valuable skills and wisdom can be used for volunteer mentoring, making that vital difference to the new business and also giving the older person a feeling that they remain a valuable contributor to civil society; hence intergenerational mentoring. Young unemployed are also in danger of social exclusion; they will be helped by this project. The project will create a Mentoring Masterclass; this is a 'Train the Trainer' course; 36 trained mentors will be created. There will be e-learning created, open access; the curricula will include innovation and creativity skills, creating the entrepreneurial mindset and employability skills. This course will be suitable for the target audience of unemployed, entrepreneurs, mentors, students, apprentices and a wider audience, including employers and business organisations; it can be made available to anyone in the world, providing suitable security is implemented. A 6-month pilot will test the intergenerational mentoring process, created during an innovative co-creation event; 108 entrepreneurs (young and older) will be mentored, delivering a minimum of 1296 mentor/mentee sessions. A booklet will be published regarding examples of useful employment practices; this is aimed at employers with ageing workforce. The partnership is mixed: 2 VET colleges, both with experience of projects involving elderly people and their needs; a University of Applied Science, with valuable knowledge of entrepreneurship skills, mentoring and coaching, and also co-creation (Living Lab) methodology; two third-sector charities, who deal with older people and volunteers; a business network with older members amongst their SME membership; a private training company who is also an entrepreneur; another entrepreneur with skills dealing with accessibility for older people; a European network with access to more than 1500 institutions across Europe and beyond. All project partners participating will gain knowledge of mentoring; impact on teachers and trainers will be confidence when dealing with the business world and the world of work; learners of all kinds will gain confidence and employability skills needed by employers. Mentors will gain skills and confidence, feel socially included; training and mentoring can be offered as part of services offered by the two charities; the VET institutions (and UAS) will have e-learning course available to use at any time, for their staff and/or students. The target groups will have experienced the e-learning and the mentoring; receiving advice and guidance in the form of mentoring has proven success in helping businesses succeed, so there is likely to be successful businesses. Unemployed people will gain valuable skills and competences and confidence to enable them to appeal to more employers, or start their own business. Employers will be aware of some of the useful methods of succession planning in other organisations; businesses can consider growth and new channels. These results will continue as long term benefits.

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