The Beyond Capital project had the objective of strengthening the capabilities of social entrepreneurs and managers in managing the early stages through a personalized training program. Simultaneously, it aimed to improve cooperation with European partners in the field of social economy and to enhance understanding of the financial challenges in the sector. For example, CBE, a participant in the project, focused on reducing the risk of failure for new social economy businesses and on providing advanced financial training for social entrepreneurs and managers. The project's main goal was the empowerment of social enterprises, cooperatives, and non-profit organizations through advanced training. This enabled participants to acquire essential business and financial skills, while also promoting sustainable funding pathways and an entrepreneurial mindset. It was anticipated that this would positively impact participants, partners, and stakeholders, improving financial competencies and the ability to manage challenges resiliently.
The "Beyond Capital" project united diverse entities to empower early-stage social enterprises. Together, the partners aimed to enhance the social enterprise sector's resilience and impact. Partner's involvement, motivated by specific international challenges, such as financial mismanagement, underestimation of financial planning, and limited understanding of social enterprise models. For example: ECSF: Addressed the challenges social economy enterprises face in early growth, focusing on enhancing financial planning and management skills. CBE: Offered financial management training to its network, crucial for sustainable growth. SYNTHESIS Center for Research and Innovations: Aligned with Cyprus's needs, SYNTHESIS developed VET materials and enhanced European cooperation. General Goals: Targeted reducing startup mortality due to financial mismanagement amid economic and energy uncertainties. GEINNOVA: Joined to strengthen social enterprise evolution in Spain and Europe, vital for economic recovery. MICC and MSEI's goals included boosting local inclusive employment, providing financial management training, improving financing access, and addressing challenges in Spain's social enterprise sector.