Financial Education of Small Entrepreneurs with Special Consideration of Migrants


Competent acting in dealing with their own finances is described in a variety of terms such. Eg "Financial Literacy". The OECD and another international network for financial education plan to develop a checklist for policy makers to improve the coverage of high quality financial education for migrants. At least a knowledge of the immediate life-practical requirements of everyday actions in monetary matters is a prerequisite for the small business owner in order to be able to earn a livelihood in the long term through his own company. There are only a few learning opportunities for small businesses in the area of financial literacy.

The aim of this project is to find ways to teach small business people finance-related skills that they can put into practice in everyday life. The offer should be low-threshold and feasible throughout Europe. Learning opportunities are hardly noticed by small entrepreneurs, especially with a migration background.

The project has the goal to open up learning opportunities for small and medium-sized enterprises with and without a migration background. The 5 project partners look at the project from different perspectives. A state school, a chamber of commerce, a migrant association, a management consultancy and a further education institution are represented. The topic is viewed from different sides. The participants look at the practice of the partner organizations on site. On this basis, new ideas will be developed, through which the project partners will develop suitable concepts for financial literacy.

Disclaimer: This project has been funded with support from the European Commission. This publication reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained here.


PROGRAMME: ERASMUS+ KA2: Cooperation for innovation and the exchange of good practices

PROJECT NUMBER: 2019-1-DE02-KA204-006535

DURATION: 01/11/2019 - 31/05/2021


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