Junior Enterprise - The Concept

The Concept

1. Non-profit

   1.1 Not necessarily by legal status but by nature of activities (in countries, where legal circumstances affect the non-profit legal status)

   1.2 Surplus of the JE should not be used for any economic benefits for the members of the JE unless it is for execution of project work. If the legal status allows economic benefits for Management Board, then the National umbrella should ensure that there is a rule in place to prevent this from happening in a JE

2. Non-political: not affiliated to political movement or party, however, able to lobby
3. Non-religious: not affiliated to a religious movement or church
4. Managed entirely by students: students only make and execute strategic decisions.
5. Linked to an institution of higher education, but not necessarily affiliated legally. However, support from the University should be proactively sought.
6. Legal entity: legal settlement should be proactively sought.
7. Fostering entrepreneurship spirit:

   7.1 Proactively engaging members in decision making;

   7.2 Encouraging them to start their own projects;

   7.3 Actively look for new opportunities.

8. Contribute to the development of the National Network by providing trainings to the Junior Entrepreneurs about the Network and motivating them to be a part of its activities.
9. Fostering members development

   9.1 The end result of every project should be the development of members by any mean;

   9.2 Every project should develop a soft or a hard skill. The business acquisition, however, if the market allows, should focus on acquiring projects which develop hard skills (e.g.: resource management, analytics, technical, etc.)

   9.3 Projects should assume interaction with external parties: private and civil companies

10. Aiming at sustainable activity (at least one project a year must be run for clients). Thus, the Junior Enterprise seeks the quality implementation of the Concept.