Three components of the project are currently running. First, microgrants are awarded to SMEs. In addition, cities are receiving grants to set up programs for local SMEs. The third component aims to create and establish sector-specific clusters in which companies from the same sector support each other. The beneficiaries (SMEs, municipalities and clusters) are chosen through an elaborate selection process.
The ifm will be identifying all relevant internal and external actors, institutions, processes and factors, as well as evaluate the support measures by collecting quantitative, experimental and qualitative data and also aims for scientific insights regarding the topic of entrepreneurship in times of crises.
