The aim of this workshop is to teach entrepreneurs the main keys and products of the financial world, and especially, to provide them with knowledge related to funding to launch their business initiatives.
The Edufinet Project, promoted by Unicaja Banco and Fundación Unicaja, is one of the first financial education programmes in Spain and it has received several awards in its eleven years of history. It collaborates with over twenty universities and business institutions and organizations.
Unicaja, through the Edufinet Project and in collaboration with the IMFE (Municipal Institute for Training and Employment) of Malaga City Council, has given for the second time this year a workshop to inform business owners and entrepreneurs of the main financing options currently available in the market to launch their business projects.
The aim of this workshop is to teach entrepreneurs the main keys and products of the financial world, providing them with basic knowledge and skills to assess and choose the most appropriate product according to the situation and needs of their company.
In this workshop, the Edufinet Project, promoted by Unicaja Banco and Fundación Unicaja, has covered the following topics: main lending products for entrepreneurs, types of financing according to the company’s cycle of life (short- and long-term), as well as financing with own funds and third party funds and private aids. The main aspects that the financial institutions value in their customers have also been analyzed, and emphasis has been placed on the need to have knowledge on accounting and finances to perform efficiently in a business environment.
The Edufinet Project is one of the first financial education programmes in Spain and it has received several awards in its eleven years of history. It currently collaborates with over twenty universities and business institutions and organizations.
The Instituto Municipal para la Formación y el Empleo (IMFE, Municipal Institute for Training and Employment) of Malaga City Council, intends to be an instrument to promote the economic and social development in the city of Malaga by supporting the creation and consolidation of businesses and promoting employment and self-employment.
In that sense, the IMFE has a Business Unit which acts as a reference center to boost, support and provide guidance to entrepreneurs who decide to start a business project, and it is responsible for channeling the different aids to entrepreneurship (subsidies, micro-credits and training, for instance).
Edufinet Project, a financial education initiative pioneering in Spain
The Edufinet Project, has been working for eleven years to bring financial education closer to the society, what has made Unicaja to be one of the financial institutions pioneering in Spain in the launch of an initiative of this kind. It currently collaborates with more than ten institutions and business organizations, as well as with 14 universities (including one from Portugal).
The Edufinet Project has been operating, as an Internet portal aimed at the general public, since the end of 2007, although its development began in 2005 within Unicaja. More than 127,000 people have participated directly in the different conferences, workshops organized, of which 89,000 were young people. The website www.edufinet.com has registered so far more than 7.6 million visits, with access from nearly 180 countries.
This Internet portal on financial education offers systemic and practical information in a question-answer format and where no previous knowledge on finance is required. Later on, two additional specific Internet portals were created: one aimed at business owners and entrepreneurs (Edufiemp) and one aimed at financial education for young people (Edufinext).
In addition to the Conferences on Financial Education for Young People and to the Financial Olympics, Edufinet promotes as well workshops and lectures at universities, summer courses or the participation in international projects. It also publishes several manuals and guides, such as the ‘Financial Guide’ or the ‘Financial Guide for business owners and entrepreneurs’.
