IntEnt

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IntEnt is a Dutch based foundation that aims to make ‘entrepreneurship across borders’ possible. It offers entrepreneurial migrants start-up advise, training, local support and guidance up to 1,5 years after the start of the business. The foundation does not offer funding, rather it offers necessary business advice to migrants wishing to invest in their country of origin to make revenue and/or support family and friends.

Results

1998-2007: 236 business launched. Over 1176 participants were trained. Businesses have generated investment worth over 14,5 million euro and over 990 jobs worldwide.

Activities

• Provido information about entrepreneurship
• Orientation sessions and training
• Counselling, networking
• Management training
• Market information and advisory services

OrganisationIntEnt
Organisation typeNGO
Sector(s)
  • Capital investment (Business/SME)
Countries
  • Afghanistan
  • Curaçao
  • Ethiopia
  • Ghana
  • Morocco
  • Suriname
  • Turkey
Region(s)
  • Global
  • North Africa
  • South America
  • West Africa
Websitewww.intent.eu
Partnerships

Funding partners:
• Ministry of Foreign Affairs NL
• HIVOS
• European Union

Financial contributors

Challenges

Finance

Acting as collateral
The foundation does not provide financial support to migrant entrepreneurs. It is therefore required that the migrant themselves have a start-up capital. However, the foundation realized that this can be a challenge for migrants. Therefore, IntEnt has established a format in which it can function as a “collateral” organization. Their name and reputation can function as collateral when migrants seek funding at established banking institutions, and therefore offers migrants more opportunity of receiving loans and/or funding.