How was the acceleration of migrant entrepreneurs 2022?

During 2022, the Acceleration Program for Migrant Entrepreneurs from Argentina and Chile was carried out, with the objective of accompany migrants who are taking their first steps in entrepreneurship.

The program consisted of provide tools to strengthen their businesses, provide them with valuable management content and prepare them to develop an action plan with concrete tools to implement improvements in their projects. with concrete tools to implement improvements in their projects.

With theoretical and practical classes and participatory activities, the participants – chosen after a thorough selection process – were able to develop tools for managing and improving entrepreneurship.The first 22% of the participants had drafted an action plan prior to the training.

In parallel to this, participation in the business round allowed participants to connect with an ecosystem of migrant issues, such as social innovators, shareholders and others. The organizations Inicia and Emprediem, in support of entrepreneurs from Argentina and Chile, respectively, participated in this process.

Participants underwent an evaluation process with an evaluation process with an advisory board, and they received specific advice from experts in four areas experts in four areas: marketing and communication; accounting, legal and tax; strategy and finance.

Methodology

Once the program was completed, the measurement of results and impacts began. This consisted of to estimate indicators to reveal whether the program succeeded in training and accompanying entrepreneurs. It was also determined whether this training has an impact on entrepreneurs in the medium and long term.

Information was collected through the Program Closure Form, a satisfaction survey that was administered at the end of the training.

 

Results and impact indicators

Results: 

Level of knowledge assimilation

Evaluation of the training received

Prospects for business improvement

Average participant satisfaction rate: 100%.

Impact: 

Level of entrepreneurial skills

Impact on the migrant community

Insertion in value chains

Enhancement of associativity and collaborative work

Level of impact planning on migrant communities

Incorporation of the concept of sustainability

Average participant satisfaction: 91%.

Ways in which participants plan to change their venture’s relationship with the migrant community:

“Modify my niche to favor migrant groups in need.”

“Offering jobs to the migrant community in the city where I reside.”

“Interact more with the community so that it is not only about acquiring a product, but also about remembering its origin and giving it strength to move forward.”

 

Positive acceleration closure

In addition to the training, the Acceleration Program for Migrant Entrepreneurs of Argentina and Chile 2022 was a space for exchange and interaction, where everyone could share their knowledge and enrich themselves with the knowledge of their peers. It was also a space for personal and collective empowerment and development.

The commitment was reflected in the high level of participation during the three months of the program, as well as in the presentation of the action plans. 

The participants reviewed various aspects of the management of their venture, defined and found solutions to the reasons that complicate their growth, expanded their network of contacts andThey expanded their network of contacts and shared experiences with colleagues who are on the same path.

This initiative, among other aspects, fills a to cover a lack of strategies oriented to the entrepreneurial development of migrants, and seeks to generate opportunities for the sector, strengthening entrepreneurship and promoting associative and collaborative processes.It seeks to generate opportunities for the sector, strengthening entrepreneurship and promoting associative and collaborative processes.

Participants’ feedback:

“With an action plan we reflect the weaknesses and strengths of the venture, so we can plan ahead for our growth management.”

“There were many steps that I omitted in putting together and running my venture all these years, some because I took them for granted or out of ignorance and that now resonate with me with vital importance, leading me to reevaluate and restructure my initial idea.”