Presentation at the Club Days of the National Association of Family Businesses in Hungary

As Budapest Business School has an excellent connection with the National Association of Family Businesses in Hungary (CSVOE i.e. one of the most important advocacy organizations of family businesses in Hungary, it was within the framework of the signed Cooperation Agreement that the representatives of BBS were invited twice to the monthly Club Day event of the Association. In this way BBS had a great opportunity to inform members of the association about all development actions in progress connecting to Family Businesses. On average there were 50-60 participants at the Club Day event of CSVOE, which meant a large audience for the presentations about the FAME project.

At the first event, Ms Krisztina Németh (member of the Transition Module development team) and László Varga (project coordinator) introduced the results of the closed INSIST project (antecedent project of FAME) and as well as objectives, expected results and impacts of the FAME project. The participants were delighted about the continuation of the international projects of BBS in the field of Family Business development – involving the members of the association to the pilot actions of the results (workshops, pilot trainings).

At the second time, Mr László Radácsi PhD, director of Budapest LAB (Entrepreneurship Centre of BBS) reported on the establishment of Budapest LAB and its first important actions, the start of a wide-scale Family Business research in Hungary, in which the members of CSVOE had had an important role. Besides the first results of FAME, other international project of BBS were mentioned to the participants. Synergies between the research programme of the LAB and the FAME project have mutually reinforcing effects on each other.

BBS and the National Association of Family Businesses agreed that all information about the development actions of BBS are important and useful for the membership of CSVOE, and the representatives of BBS are warmly welcome to the Club Days in 2018 as well.




Publication in MGYOSZ’s e-bulletin, Magyar

November 2017

At MGYOSZ /Business Hungary’s webpage we traditionally publish our e-bulletin, Magyar Gyáripar ten times yearly.

Our aim with the bulletin is to regularly inform the stakeholders of the Hungarian economy on the most important and current issues, first of all from the viewpoint of MGYOSZ’s member companies. In the November edition of 2017 we introduced FAME project for the readers. The article covers the project history, introduces all project partners, the expected milestones and outcomes of the project.


Regional Family Business and Business Transfer events in Croatia

Based on the conducted Business Transfer Barometer survey, implemented in Croatia by CEPOR - SMEs and Entrepreneurship Policy Center in 2015 more than 5,300 enterprises with about 57,000 employees represent the risk group whose owners underestimate the complexity and length of duration of the business transfer process.

In order to raise the awareness of aging entrepreneurs about complexity and importance of timely preparation for business transfer process CEPOR organized 6 regional awareness raising events called Family Business and Business Transfer Forum, in February and March 2018, in the following cities: Cakovec (Medjimurje region), Rijeka (Primorje region), Pula (Istria), Zadar and Split (Dalmatia) and Virovitica (Slavonia region).

The long-term goal was to ensure the sustainability of small and medium-sized enterprises and crafts in Croatia after retirement of their owners in order to preserve the jobs of employees working in these companies and their positive impact on the local economy and Croatian economy as a whole. During these events participants were informed about CEPOR’s activities, especially emphasizing the objectives and expected outcomes of FAME project that CEPOR is participating as a partner.

The 5th edition of the European SME Transfer Summit

The 5th edition of the European SME Transfer Summit took place on the 17th and 18th May 2018, in the Chamber of Commerce in Luxembourg. The event was co-organized by the Luxembourg Chamber of Commerce and TRANSEO, the European Association for SME Transfer, and in partnership with the Luxembourg Ministry of the Economy, the Société Nationale de Crédit d’Investissement (SNCI), Sowacess and the Walloon government. The Summit was a key event for the Business Transfer network in Europe and brought together over 50 international speakers and around 200 participants representatives of the main regional organizations working on the issue of business transfer.

The goal of the Summit was to pursue efforts of entrepreneurs towards easier and more efficient business transfers and to encourage the participants to exchange and learn from European experts and policy representatives about matters such as business transfer, entrepreneurship, growth and scale up, family business succession planning, strategic acquisitions, cross-border transactions, financing schemes, etc.

Mirela Alpeza, director of CEPOR - SMEs and Entrepreneurship Policy Center from Croatia, member of TRANSEO, participated on the Summit. As a moderator of the workshop Business transfer ecosystems – developing Action plans to support business transfers: key ingredients Mirela informed the Summit participants about the objectives and expected outcomes of FAME project that CEPOR is participating as a partner.

Third Transnational Partner Meeting in Brussels

The third transnational partner meeting of the FAME project was organised in Brussels hosted by the Belgian partner MAC-Team on 7-8 December 2017. All the six partners of the consortium participated at the meeting delegating 1 to 3 persons each, and the e-learning experts of BBS had a Skype presentation online as well from Budapest. It was an important milestone to the project implementation, because the first version of the 4 training modules, the most important products of the project were reviewed based on the evaluation of the external experts. The experts of the think-tank partners – Business Hungary and CEPOR – read through the materials and completed a detailed evaluation of the module materials. The participating project coordinators and module leaders discussed the feedbacks and agreed on the finalisation process of the training handbooks. The other important part of the meeting was the start of the e-learning development process to the 4 modules. Besides partners also discussed project management, quality management and dissemination/exploitation issues as always. The meeting closed with action planning, the agreement on the deadlines and responsibilities of the tasks for the next project period.

Download this file (FAME_3rd_partner_meeting_minutes.pdf)Third Partner Meeting Minutes[Minutes of the meeting]540 kB