Entrepreneurial activity in low-income communities faces numerous challenges, but it is not impossible for it to thrive. The Financial Health and Resilience project is committed to identifying strategies that support entrepreneurs and enhance their financial resilience. Since many entrepreneurs depend on their businesses for their livelihood, providing support not only contributes to their business success but also bolsters their personal and family resilience.
In the project, three hundred entrepreneurs received mentoring and coaching tailored to their individual needs and availability. In 2025, the partners focused on the following objectives:
- Establishing 150 mentoring relationships in each country
- Providing support based on each entrepreneur’s specific needs
- Encouraging the development of new, positive habits, such as collaboration, flexibility, and finding a balance between work and personal life.
In 2026, the partners will finalise the development of the support methodology aimed at strengthening entrepreneurs’ financial health and will pilot new support methods, including collaborative entrepreneurship, to alleviate the pressures faced by entrepreneurs. Results from the project will be presented at the 2026 Annual Conference in Barcelona.
Funder: JPMorgan Chase Foundation
Partners:
- Spain: Autoocupacio Foundation, Tomillo Foundation, Nantik Lum Foundation, Incyde
- France: Adie Association, Cresus Foundation, LiveMentor