First Week of Business for Youth

April, 22 2010


The first Business for Youth Session has started with an introduction to the business start up and business plan writing.

Vitalie Danileico, Project Manager at Peace Corps has leaded the Business Start Up session with more emphasize on the legal background of how to start a business. David Jesse, American Councils Country Director had the psychological approach to the definition of entrepreneurship and brainstormed ideas of innovative businesses in Moldova. Vitalie Dascal, Business for Youth Consultant has wrapped up with the structure of a business plan required by a Moldovan bank in order to get a loan and also has shown a sample of a business plan for a fuel-making company in Moldova worth $62 million of investments.

For homework the teams are required to present their business idea by the next session, decide on the type of proprietorship and if it requires a licence.


Balkan Case Challenge(BCC) will create a business case study for the Business for Youth teams for the session on April 24, 2010. Irina Aga, BCC Local Coordinator will coordinate the competition and the winner will be able to gain 10,000 Euro for their business budget.

AXA Management Consulting is the new sponsor for Business for Youth and will coordinate the teams in their strategies. Vitalie Popa, the Vice-President will lead the "Strategic Management" Session on April 24, 2010



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