Lagos, Portugal Ranks on Bucket List for Businesspeople

This is certainly good news for Portugal, as Business Insider has written a list of the 50 things that readers should do in Europe in their lifetime; and “lounge on the stunning beaches of Lagos, Portugal” has made the list.

Business people around the world would be well-served looking at the list and enjoying the many activities listed here for EU countries.


Malopolska Wins Prestigious Title as 2016 European Entrepreneurial Region

Malopolska in Poland has won the prestigious title of 2016 European Entrepreneurial Region and is the first area in Poland to receive this title. Malopolska has been developing small and medium sized companies and business incubator programs. More than 60 companies have been started by young entrepreneurs in the Krakow Technology Park.

Malopolska has become one of the leading regions in Poland in terms of their economic growth. Their GDP grew by 30% between 2008 and 2014. Richard Lucas, the curator of TEDxKazimierz said, “A common theme in all our events is taking action. Someone who wants to start a business, they may have a great idea, but the message they’ll get here is to make their idea come into reality, they have to actually get out there and do it.”

Jacek Krupa of the Malopolska region said, “Our goal for the coming years is to stimulate innovation among entrepreneurs, especially small and medium-sized companies, because they are the ones generating the largest part of the Gross Domestic Product in the region. We have a widespread program of stimulating start-ups and Malopolska has become a well-known center in Europe for many events. Young entrepreneurs from around the world are coming here to discuss, to network, to create good initiatives.”

Learn more about these initiatives.

Launching of an EU Business Hub

Certainly, many worries, thoughts and new ideas are coming out of the Brexit situation. One that is quite interesting is an even taking place in Scotland. The Federation of Small Businesses (FSB) in Scotland has explained that the Scottish Government plans to launch an EU business hub. The point of the hub would be to “boost confidence” as Brexit fears are hitting the market. As First Minister Nicola Sturgeon said, “We will pursue every option to protect Scotland’s position in Europe and, by extension, the interests of EU citizens who live and work here.”

She continued, “We will work closely with business organisations, sharing intelligence as issues arise and deepening relationships with businesses with strong EU connections. Business has suggested we establish an EU business hub within government to act as a single point of contact and we will take forward that proposal.”

Andy Willox, the FSB’s Scottish policy convenor said, “This move by the Scottish Government demonstrates to local firms and multinational enterprises that the country is open for business. By filling the information gap, Scottish Ministers can help to boost confidence. Further, by establishing a listening-post, the government can spot both problems and opportunities. The First Minister is absolutely right to reassure non-UK EU nationals on our shores. From Kirkwall to Kirkintilloch, EU nationals run businesses, and work for businesses, vitally important to our local economies and communities.”

Eastern European News

Women Filling Freelance Jobs Across the EU

According to new research from IPSE, a body that represents self-employed people, women are taking over the freelance jobs across the EU. Today, there are 9.6 million independent professionals who work in the EU. This is 1.9 million more than in 2008 and out of this, freelancers account for almost 30% of all self-employed people. They make up a total of 4% of the EU workforce.

As Kelly Gilmour-Grassam, the founder of the copywriting business Making Your Content and IPSE Freelancer of the Year for 2015 said, “As home working becomes increasingly viable and the digital world makes starting a business ever easier, it’s no wonder more women are choosing to become freelancers.”

Should We Stay or Should We Go?

In the discussion about whether or not Britain should stay in the EU, the Confederation of British Industry has joined with the 21 counterparts that are urging Britain to remain in the bloc. This means that there are as many as 2.5 million businesses behind the campaign urging them to stay.

As business chiefs from many countries wrote in an open letter, “European business strongly supports continued British membership of a European Union that takes the necessary reforms to be competitive, outward-looking and continue delivering growth, jobs, peace, security and prosperity for all.” This included opinions from business executives in Ireland, Poland, Finland, Malta and more.

As CBI Director-General Carolyn Fairbairn said, “There is a compelling shared benefit for firms to trade with no barriers inside a market of 500 million people and those crucial economic ties which connect us, creating jobs and investment, cannot be taken for granted. Most CBI members — though not all — want to stay in a reformed EU and we will consult them once again when a final deal is agreed.”