Eud Foundation C.I.C.: helping Italian businesses go global

Eud Foundation C.I.C.: helping Italian businesses go global

Italy is a country with a rich and diverse culture, history and heritage. It is also a country with a strong and dynamic economy, especially in sectors such as fashion, food, tourism, design and manufacturing. However, Italy also faces many challenges and difficulties, especially for its small and micro enterprises (SMEs), which represent 95% of its business sector.

## Current difficulties of small and micro enterprises in Italy

SMEs in Italy face many difficulties such as:

- High taxes and bureaucracy: SMEs in Italy have to deal with complex and costly tax and regulatory systems, which reduce their profitability and competitiveness.

- Low innovation and digitalization: SMEs in Italy have low levels of innovation and digitalization, which limit their ability to adapt to changing market conditions and customer preferences.

- Limited access to finance: SMEs in Italy have limited access to finance, especially from banks and other traditional sources, which constrain their growth and development.

- Weak internationalization: SMEs in Italy have weak internationalization, which means that they have low presence and penetration in foreign markets, which reduce their opportunities and potential.

## What obstacles do small and micro enterprises in Italy face when developing in the international market?

SMEs in Italy face many obstacles when developing in the international market such as:

- Lack of skills and knowledge: SMEs in Italy lack the skills and knowledge to understand and operate in foreign markets, such as language, culture, regulations, customer behavior, etc.

- Lack of networks and contacts: SMEs in Italy lack the networks and contacts to access and connect with foreign customers, suppliers, partners, etc.

- Lack of resources and support: SMEs in Italy lack the resources and support to invest and implement their internationalization strategies, such as funding, marketing, logistics, etc.

## How Eud International Foundation C.I.C. is supporting local businesses in Italy to grow internationally

Eud International Foundation C.I.C. has supported more than 1000 SMEs in Italy to grow internationally through various services and benefits

Eud International Foundation C.I.C. is a community interest company that supports and helps people and businesses to achieve their projects with a proven model of social impact. Eud International Foundation C.I.C. has supported more than 1000 SMEs in Italy to grow internationally through various services and benefits such as:

- Access to funding sources: Eud International Foundation C.I.C. provides access to funding sources such as grants, loans, crowdfunding, donations, etc., based on the feasibility and social impact of the business ideas and projects.

- Access to training and mentoring programs: Eud International Foundation C.I.C. provides online and offline training courses on topics such as international business planning, marketing, accounting, legal aspects, etc., tailored to the needs and interests of the SMEs. Eud International Foundation C.I.C. also assigns mentors to each SME to provide guidance and support throughout the program.

- Access to networking and collaboration opportunities: Eud International Foundation C.I.C. facilitates networking and collaboration opportunities such as events, meetings, forums, etc., where SMEs can meet other members and partners of Eud International Foundation C.I.C. community from different countries, sectors and industries. Eud International Foundation C.I.C. also connects SMEs with potential foreign customers suppliers partners etc.

- Access to promotion and visibility channels: Eud International Foundation C.I.C. provides promotion and visibility channels such as social media newsletters blogs etc., where SMEs can showcase their products or services reach new customers or markets build their brand reputation.

## The value that this brings to society

Eud International Foundation C.I.C.'s support for local businesses in Italy to grow internationally brings value to society by:

- Creating jobs and income: By helping SMEs to grow internationally Eud International Foundation C.I.C. helps them to create more jobs income for themselves their employees their families

- Promoting culture diversity: By helping SMEs to grow internationally Eud International Foundation C.I.C. helps them to promote their culture diversity abroad enriching the global community

- Solving social environmental problems: By helping SMEs to grow internationally Eud International Foundation C.I.C. helps them to solve social environmental problems through their products services such as health education sanitation renewable energy etc.

## Conclusion

Eud International Foundation C.I.C. is a community interest company that supports local businesses in Italy to grow internationally by providing them with various services benefits such as funding training networking promotion etc. By doing so Eud International Foundation C.I.C. helps them to create value wealth for themselves society.

If you want to learn more about Eud International Foundation C.I.C. or join its community visit its website or contact us We would love to hear from you!