Flashcards in Mr Mezei's Autoworld Deck (14):
What are structural funds?
large amounts of money paid into the EIB to encourage development in the periphery
What are structural funds used for?
-to train people with new skills
-set up new businesses
What is the EIB?
loans money to financial intermediaries e.g. ROMCOM through the scheme JASMINE
What does the EIB stand for?
European Investment Bank
What is JASMINE?
a scheme that supports micro finance institutions in Europe
What is ROMCOM?
a financial intermediary that has financed over 1200 businesses projects which is 6000 jobs
What is a SME?
a small/ medium sized enterprise who get loans from financial intermediaries(ROMCOM) e.g Mr Mezei's Autoworld
When did Mr Mezei set up his business
When did Mr Mezei reach out to ROMCOM?
When did Mr Mezei hire 2 apprentices?
When did Mr Mezei approach ROMCOM for a second time to buy new land?
When did Mr Mezei partner up with Volkswagen-audi?
How many people did Mr Mezei employ recently?