Public-Sector Actions Targeting Entrepreneurs
The Danish Business Authority develops initiatives aimed at strengthening Denmark’s business promotion system. The goal is to make it easier for entrepreneurs and SMEs to obtain qualified assistance for start-up and growth.
A comprehensive business promotion system must ensure that everyone who needs assistance also receives help to set up his/her own enterprise and generate growth. The Danish system is based on a partnership concept and involves players from both the public and private sectors.
Purpose of public-sector actions targeting entrepreneurs
- to provide a general view of and continuity in the system’s many available provisions so that entrepreneurs and SMEs can find relevant provisions which can help them;
- to provide assistance in clarifying needs for know-how and guidance relating to starting and running an enterprise;
- to offer free, impartial charting of enterprises’ growth potential and refer them to specialised private-sector consulting
- to ensure that entrepreneurs have access to venture capital for operating an enterprise and generating growth.
With the aim of boosting continuity and providing a general view of the business promotion system, the Danish Business Authority has established the portal "Virksomhedsguiden" aimed at entrepreneurs and enterprises. The portal provides a general view of useful knowledge, consultancy options and public-sector offerings.
Regional Business Development Centres
The five Regional Business Development Centres ("Vaeksthus" in Danish) constitute another important initiative. These centres were formed by the local governments and are organised as independent commercial foundations. The centres also serve as intermediaries for a number of programmes and subsidy schemes which entrepreneurs and SMEs can apply for. Together with municipal business development offices, the Regional Business Development Centres comprise a unified business services system.