New entrepreneurs – investing in bread, tea and… electronic drums

How difficult is it to start your own small business? Many would agree that it is a difficult challenge, even in the best of circumstances. The Trust for Social Achievement founded the “Business Alternatives” program to encourage young entrepreneurs to develop the skills for launching and managing their own successful businesses. On March 15, 2017, the second set of participants in the program graduated after 19 weeks of intensive training. The best performers received monetary awards to serve as initial financing. This year, the projects awarded were an electronic drums company, a traditional bakery and an industrial unit for tea production.

Meet Vera and Johnny Lyubenov from Sofia and their project – “MY DRUMS” electronic drums. It won first place and financial support of 15,000 leva from the “Business Alternatives” program.

Iliyan Asenov from Blagoevgrad was awarded second place. He impressed the jury with his bakery “Traditsionna”. The bakery offers various breakfast snack products, king among which is, of course, Bulgarian traditional banitza, prepared by masters with long-standing experience. The bakery is about to open in Blagoevgrad. We shall be following the development of the project.

Lyuben Penkov inherited from his grandparents a Sliven-based business producing herbal teas. His entrepreneurial spirit won him third place among the four start-up or already existing businesses.

Young entrepreneur Stefan Yustiniyanov won fourth place with his business plan for a cosmetics shop in a Roma neighbourhood in Kyustendil.

We congratulate them once again and wish them luck!

 

 

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