To thrive in a business, you also need knowledge not only of money, "said Liudmila Stihi, Head of Directorate of ODIMM, bringing real examples, where entrepreneurs with an investment of several hundred thousand lei went bankrupt due to a lack of knowledge in the proper management of a business.

Young people were given some tips to avoid risks when starting a business, such as:

Analyse the business idea very well;
— Train in unknown areas;
Consult with specialists in the field;
Analyse the market and consumer needs;
— Calculate break-even and have a profitable business;
— Keep themselves informed, from all possible sources, of existing support opportunities and make use of them;
— Draw up the business plan, in order to optimise expenditure and identify sources of financing.



In this context, ODIMM provides advisory services, at the Business Advisory and Assistance Centre, where experts provide answers to any questions in the area of entrepreneurship. They can also guide you when you are not sure what you want to do.

The young participants in the information session learned about the possibility of accessing a financial guarantee, via the Credit Guarantee Fund implemented by ODIMM, about the network of Business Incubators in Moldova and the possibilities offered to them, as well as other projects currently accessible to them.

Thus, in a non-formal manner of discussion, the secondary school students asked the ODIMM representative questions and ensured that additional information about the support projects would be provided, both from the www.odimm.md website and from other specialised pages.

For more information on business support projects offered by ODIMM, you can contact us on 22 58 06, the Business Assistance and Consultancy Centre.