Despite the outbreak of COVID-19, EFB were able to keep on track of their 2 EU Erasmus + funded projects, SPRING and SUFABU.
The SUFABU project looks directly at succession in family businesses and aims to make a flexible training system for the process. The second project meeting was meant to take place in Oslo, but instead took place online, with the teams from across Europe reviewing their first training modules for the first intellectual output.
The meeting brought EFB in contact with their project partners from across Europe and took place across 3 mornings. The discussions explored topics such as the national reports, the summary reports, presentation and a workshop of the case template, the project plan for the second intellectual output and then an exploration of the learning platform to be used.
The SPRING project aims to help EU family businesses to fulfil their potential, by offering them a complete package with the necessary training, mentoring, support and guidance, specifically in the areas of smooth succession and business continuity, strategies for growth and internationalisation, the development of entrepreneurship, intrapreneurship and interpreneurship across generations, and inclusive and responsible family business acts.
The meeting, which was meant to take place in London, also took place online over a 3-day period. These meetings included the presentation and review of the first teaching modules, exploring each pillar of the project with anonymous feedback presented through questionnaires online at the end of each presentation. The next steps were then discussed on how to progress with the COVID crisis.