Feenics – Empowering Intrapreneurship
The Feenics project is an Erasmus + project, strategic partnership, wiht the aim of exchanging good practice and innovation. Partners are Apopsi S.A in Greece, Dialogue Diversity in Portugal, VE-GO-RA in Croatia, Youth in Science and Buisness Foundation in Estonia and Tora Consult Ltd in Bulgaria. The program coordinator is Símenntunarmiðstöð Vesturlands in Iceland.
The program started in the year 2017 with the goal to provide an integrated support, tailored to the needs and specificities of young people in the age group 20-29 and their employers. Final conference of the project will be hosted in Iceland in January 2020.
The objective of FEENICS is supporting sustainable investments in young people’s training through:
- Increasing motivation and self- awareness
- Creating incentives for acquiring new intrapreneurship-related skills
- Promoting efficient and sustainable integration of young people into employment and society
Young people, including those with insufficient work experience, are traditionally amongst the most disadvantaged groups in the labour market, as they face great difficulties on their path to employment integration. Youth unemployment rates are high in Europe, as youth unemployment is generally much higher, even double or more than double, than unemployment for the total working-age population. Furthermore, the share of temporary work contracts is quite high among the young people entering the labour market, as employers often use these to assess the capabilities of new young recruits before offering them a permanent position. In this context, young people in the age group 20-29 are in need of targeted support in order to have their employability boosted, whereas nurturing their intrapreneurial skills is considered to possess serious potential for increasing their chances for successful school-to-work transition and sustainable labour market integration. Intrapreneurial skills also allow for strengthening their contribution to their employers’ efficiency, competitiveness and, provided this is appropriately projected and appreciated, to improve their value to the firm and, consequently, their employment terms.