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Survey about entrepreneurship environment in Valka – results

During the project activities businessmen in five countries were questioned about the entrepreneurship environment. The questionnaire was worked out by the Turkish team, the partners discussed it, introduced some changes and during the video conference the final version was accepted.

In November, December (2016) 10 businessmen in Valka municipality participated in the poll: the total number of employees – 115, the companies exist from 0 – 25 years, they represent production and services.

TabulaThe questionnaire consists of8 part with statements evaluated in 5 point system.(5- always 4- often 3-sometimes 2- rarely 1- never) Each part has conclusions which are reflected in info-graphics made by grade 11 students.

Finansialais atbalsts_davis_engPart 1 – Financial support.infografiks_Martins_ENG_finansialaisAtbalsts


Woodworking and building companies which work for a longer period of time can be satisfied with the financial support. The entrepreneurs are satisfied witch funding available in public initiatives and sufficient debt funding.

Part 2 – Government policies.

Valdības politikaENG_Rudolfs B Valdības politikaENG_Deniss

Part 3 – Government programs.

Valdības programmas_ENG_Rudolfs C

Part 4 – Research and development transfer.

PetniecibaAttistiba Eng (Armands Plociņš) D

Part 5 – Commercial and professional infrastructure.

KomercialaProfesionalainfrastrukt_ENG_Kate E

Part 6 – Access to physical infrastructure.

1 F 2

3 4 5

Part 7 – Market openness.

TirgusAtvertiba_peteris_eng G TirgusAtvertiba eng JanisM

Part 8 – Cultural and social norms.

KulturasSocialasNormas_ENG_MontaS H liga_eng

Simulation Game “Marketing Madness”

Participants: Teams made of 3 people


  1. Students are divided in groups of three and they are all marketing executives.
  2. Students decide a product to invent (shoes, car, soft-drink, medicine, etc.) and they have to come up with a way to market it and then present their idea to the class.
  3. They have to design an advertisement for either a billboard, television commercial or magazine.
  4. Divide the presentation into three parts:

4.1.) Description of the product.

4.2.) Description of the advertising method they have used.

4.3.) Explanation as to WHY they chose certain things in their advertisement (i.e. a beautiful landscape that makes you think of the peaceful way that you feel when you drink this soothing drink).

This is a good way to make everybody speak making full use of every flowery adjective they can find and also a fun exercise in creativity/marketing strategies. This activity also leads to a discussion on the good, the bad, and the ugly of advertising techniques.

This is an easy but fun way to get students of any age up and speaking enthusiastically in front of the class.

Prepared by students from Turkey HOV ALEMDAG TUNC CAPA ANADOLU LISESI

Simulation Game “Build a Building”

Participants: Teams made of 2-4 people

Time needed: An hour and a half or more


Divide the students into groups. Each group is a company. There are five types of companies: Construction, Real Estate, Labor, Materials, and Equipment. For large classes construction companies have 4 students to a group. All other companies have two to a group. Take a few minutes before class to do the math and ensure that there will be enough of each group type to supply each resource that the construction company needs. Alternately you can limit the amount of one or more resource to increase competition which could lead to a follow up discussion of supply and demand.

Teachers explain how to calculate profit/loss as many students may not realize that they have to figure in monthly expenses to their selling prices.

The companies:

Construction Company:

You have €1,000,000. You must build a building in 4 weeks starting tomorrow.

To build a building you need: 1 parcel of land 10,000 pounds of raw materials 10 construction vehicles for 2 weeks 1000 man-hours of labor.

Real Estate Company:

Try to earn a profit by selling land to the construction companies. Each parcel of land costs you €100,000. Sell for a higher price. You have monthly expenses of €100,000.

Calculate your profit like this: total sales- cost of land- monthly expenses= profit

Equipment Company:

Earn money by renting construction vehicles to the construction companies. You have 20 vehicles. A vehicle can only be rented by one company at a time.

For example: for the first 2 weeks you rent 10 vehicles to company X and 10 vehicles to company Y. You have no vehicles left to rent to company Z during this time, but you can rent to them for the second two weeks.

You have monthly expenses of €355,000.

Calculate your profit like this: total money from rentals – monthly expenses= profit

 Materials Company:

Earn money by selling raw materials to the construction companies. Each penny of raw materials costs you €10. Sell for a higher price.

You have monthly expenses of €40,000

Calculate your profit like this: total sales- cost of raw materials- monthly expenses= profit

Labor Company:

Earn a profit by contracting out laborers to the construction companies. You have 20 laborers in your company. Each laborer can only work 8 hours per day. Each laborer must be paid a wage of €20 per hour of work. Charge the construction companies a higher rate. You have monthly expenses of €25,000.

Calculate your profit like this: Total money received- workers’ wages- monthly expenses= profit

Prepared by students from Turkey HOV ALEMDAG TUNC CAPA ANADOLU LISESI


Personal finance lesson for junior students

We want students to talk, learn and compare different cost of living in the Basque Country. Be aware of personal finance (budgeting) and share their results.

♣ Personal finance is important in real life (budgeting)
♣ We are interested in study how prices of basic products for our common live change in different European countries. Which rates, references, etc. are used by the states to fix the consumer price index (CPI) and define the basket of goods and services.
♣ Get to know and compare cost of living in Europe
♣ Use IT tools in a professional environment
♣ Use financial and business technical vocabulary
♣ Make students from different countries work together

Asier who lives in Donostia wants to start living on his own in a flat, he has to make a research about how much money he needs for living.
1. Presentation of the working group ( Using onomatopoeia ). (5m)
2. Shopping basket in the Basque Country. Find what you need to live in the Basque Country. List the goods and services you need to survive on your own. (by posted) (10m)
3. Find the prices of each product or services (by posted) (15m)
4. Find the minimum salary of your country. (Internet) (1 m)
5. Classify the goods or services in fixed expenses/Non fixed expenses. (Mural) (5m)
6. Make a table in excel file; INCOME- OUTCOME =SAVINGS (5m)
7. Discuss the results of each group. (15m)
8. How much money do we need per month to survive in the Basque Country?
Ordenador (pare excel)


Infografics, november 2016

Diseminary municipality and local society, december 2016


Game „Oh, this life!”

On May 10, students from grade 10-Elīna, Monta, Martin, Elvis and Agnis introduced their game „Oh, this life!” about personal finances to grade 8.
The game claimed not only knowledge about personal finances, but also critical thinking, physical strength, language skills and knowledge in geography.
The class was divided into teams of 2-4 people. The game was a simulation of real life, each team`s name was a family surname, each team had its specific situation and finances. During the game we had to calculate, pay bills, plan family budget, experience dinner out, answer questions, etc.
The teams scored points, and the winners were the Simpson`s family (Alice, Rezija, Ainis and Elizabeth), followed by the Flintstones, the Smiths, the Andersons, the Buttlers and the Johnsons.
At the start we felt confused, but then the game grew exciting, and at the end we praised the organisers, a lot of 8th graders were interested in having another game.
We liked the attractive leaders of the game, they encouraged us and assisted in case of need.

Elizabeth, grade 8.
Valka Gymnasium, Latvia

The project logo contest ended

March 15 was the deadline for logo voting – 989 people have selected the best logo.
Logo contest winner – CEM MIRKAN (Turkey)

Project_logo2nd prize – MERVE CAGLAR ( Turkey )
Congratulations! We extend our gratitude to all contest participants.
Romanian clip about the contest results here.