Since 2008, Europe has been suffering from the effects of the economic crisis. Most effected by the crisis, are SMEs that have not yet been able to return to their pre-crisis level (Entrepreneurship 2020 Action Plan). At the same time, “Small and Medium Enterprises (SMEs) are the backbone of Europe’s economy” (Jean-Claude Juncker, President of the European Commission). They represent 99% of all businesses in the EU. Thus, in order to ensure economic prosperity, innovation, job creation and social integrations, it is essential to ensure SMEs growth and to enhance entrepreneurship mindset and competences.
RoI of WBL - Return on Investment of Work Based Learning and apprenticeships
ROI of WBL is an Erasmus+ project, funded by the European Commission. Its scope is to offer support to SME entrepreneurs and managers and to VET organisations, who are engaged in apprenticeships and Work Based Learning (WBL). The overall aim of the project is to make apparent the benefits of WBL and apprenticeships at the level of individual SMEs and the society.