SFAB – Support for family business

SFaB Project

‘Support Family Business-SFaB’ is a two-year project on Family Business, co-funded by the European Union under the ERASMUS+ KA220-VET – Cooperation partnerships in vocational education and training (Agreement Number 2021-1-EL01-KA220-VET-000029673).

About Us

Name of the project: Support Family Business

Acronym:  SFaB

Programme: ERASMUS+, KA220-ADU – Cooperation partnerships in adult education

Contract №: 2021-1-EL01-KA220-VET-000029673
Duration: 24 months (28.02.2022 – 27.02.2024)    

Project website: https://sfab-project.eu/ 

The project aims to provide owners, members, managers, and employees of Family Businesses with the knowledge, skills and competencies required to manage ownership, and growth and achieve succession planning and professionalisation within the company.

SFaB projects brings together 7 partners from 6 countries; Greece, Spain, Bulgaria, Austria, France, and Belgium.

Partners:

UNIVERSITY OF AEGEAN www.aegean.gr

INTERPROFESSIONNELLE RHONE ALPES MEDEF medef-aura.fr

DOMSPAIN SLU www.domspain.eu

BEST INSTITUT FUR BERUFSBEZOGENE WEITERBILDUNG UND PERSONALTRAINING GMBH www.best.at

CHAMBER OF COMMERCE AND INDUSTRY VRATSA SDRUZHENIE www.cci-vratsa.org

RESEARCH INNOVATION AND DEVELOPMENT LAB PRIVATE COMPANY http://www.read-lab.eu

CANDIDE INTERNATIONAL http://www.candide-international.com

Objectives

The SFaB project aims to fill the gap in what owners, members, managers and employees of Family Business know about their enterprise and its very own characteristics that differentiate them from other types of businesses.

The goal of the SFaB proposal is to develop a framework for learning and understanding the nature, importance, and uniqueness of family business within the EU. While a significant number of EU enterprises belong to this type of business, it has been stressed by the literature that regardless of the size or type of the business, the challenges they face are common.

The need to overcome those challenges and at the same time to adequately qualify their staff wishes to be met with the implementation of this project.

The specific objectives of the proposal are:

  • To support family businesses in identifying possible threats and dangers for their enterprise and providing them with ways of dealing with them or overcoming the risk.
  • To inform professionals from the fields of sustainability, economics, and generally the business world about Family Businesses, their role, and their importance within the EU market
  • To explore new opportunities and possibilities for cooperation as a crucial part of doing business.
  • Promote the lifelong learning dimension of higher education including innovative ways of learning.
  • Το create an original and innovative educational tool, Massive Open Online Course (MOOC) on Family Business Management that will help participants understand this type of enterprise specific needs and challenges.To offer training of high
  • To offer training of high quality and capacity building to the personnel and members of family business.
  • To provide through the MOOC certification and alongside other E+ tools (ECVET), a practical way of proving one’s capacity in Family Business Management.

Results

In parallel with carrying out the project’s objectives, the following main results have been foreseen:

Α Masive Online Open Course- MOOC programme built upon carefully designed learning objectives and offered in an engaging, interactive way. The SFaB MOOC covers the special needs of a family business by providing scientific knowledge, methodological tools and applied best practices to train family and non-family members of the business and thus optimize the performance of the business. The five modules focus on the following themes:

  1. FAMILY BUSINESS & SPECIAL CHARACTERISTIS,
  2. SUCCESSION,
  3. THE ROLE OF WOMAN IN THE FAMILY BUSINESS,
  4. CORPORATE GOVERNANCE & FAMILY GOVERNANCE MECHANISMS (FGM),
  5. And FAMILY BUSINESS STRATEGY.

The Support Family Business Toolkit, a manual with presentation of successful examples, good practices and highlights of the theory, that can be used irrespective of the SFaB-MOOC Programme and could still provide those who will use it, with valid and high-grade knowledge about the topic.

Last but not least, Videos from the Multiplier Events & the Project’s Promotional Video.

More information at: sfab-project.eu