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Evaluation of the Programme

  • Jens LowitzschEmail author
  • Sophie Dunsch
  • Iraj Hashi
Chapter

Abstract

Unlike most ALMP start-ups, SLs as a rule attract outside capital. Investing partners represent 27% of partners in all SLs founded in Spain between 2003 and 2013. Furthermore, according to employment data for 2008–2013, 1.3 additional jobs were created per founding worker partner in Spain.

In the Basque Country from 2006 to 2013, an average of 49 SLs were created annually, providing jobs for 164 worker-owners. The secondary employment effect equates to creation of approximately 1.3 non-partner jobs after incorporation, or an annual average of 213. With annually on average subsidies of EUR 355,917 for 377 jobs this breaks down into a subsidy of EUR 944 per job created. Non-profit organisations representing SLs, e.g. ASLE in the Basque Country, provide major on-going support for entrepreneurs—training, coaching and similar services are provided by ASLE at an average annual subsidy cost of EUR 817 per SL.

Keywords

Cost-Benefit Analysis Access to Finance Secondary Employment  Survival rates Subsidies Transferability Microfinance EU-Policy 

Copyright information

© The Author(s) 2017

Authors and Affiliations

  1. 1.Europa Universität ViadrinaFrankfurt (Oder)Germany
  2. 2.Business School (Stoke Campus)Staffordshire UniversityStoke on TrentUK

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