Journal of Management and Organizations Strategy
Volume 2, Numéro 4, Pages 25-31
2020-12-31
Support And Guidance Mechanisms: An Analysis Of Mechanisms For Empowering Innovative Projects
Authors : Hasna Akacem .
Abstract
This study aims to highlight the pivotal role played by entrepreneurial support and guidance mechanisms in empowering and developing innovative projects and startups. It seeks to examine the mechanisms provided by the state—such as business incubators, growth accelerators, and funding funds—designed to transform innovative ideas into tangible, sustainable projects. The study employs a descriptive-analytical approach to assess the current state of support entities and to review the institutional framework of the entrepreneurial ecosystem. The study concluded that support mechanisms effectively help overcome the administrative and technical obstacles entrepreneurs face during the initial stages of a project. Innovative financing—such as specialized funds and tax exemptions—plays a crucial role in alleviating financial burdens and stimulating investment. However, a significant emphasis on initial financial support was noted, contrasting with a relative lack of post-launch support, which is essential for ensuring project continuity and growth in the market. The study also recommended enhancing coordination among various support entities and intensifying training and capacity-building programs for entrepreneurs to ensure the success of their projects.
Keywords
Support mechanisms; Entrepreneurial support; innovative projects; startups; Economic empowerment
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