The third program day was also the last day at the Vöhlin Castle Seminar Centre.

Prof. (em.) Dr. Scholz gave a module on SME-Management and Project Planing. The project seminar combined classical training with work on real world projects. Starting point was a complex problem situation, resulting from demands of practical SME management.

The lecture was stuctured as follows:

1. Introduction to Practical Management

  • How do we get insights?
  • What is the meaning of management?
  • Role of management theory
  • Basic elements of economic activity
  • Management Model
  • Management in market economy

2. Key terms of business administration (financial management)

  • Enterprise and Factory
  • Structure of a business: balance sheet
  • Contents of balance
  • Basic elements of the financial statements
  • Value added process
  • System of financial accounting

3. Company Analysis

  • Balance-Sheet Analysis
  • Liquidity Position
  • Key figures
  • Management Report

4. Project: Construction of an innovation center

  • Project laboratory model
  • Stages of work: From the situation analysis to the plan of action
  • Project Organization
  • Working groups
  • Transfer system

In the afternoon, Dr. Judit Schrick-Szenczi, representative and and contact point for the INTERREG Danube Transnational Program has has preseneted to participants the opportunity of the latest call for Expressions of Interests. „The Danube Transnational Programme is a financing instrument of the European Territorial Cooperation (ETC), better known as Interreg. ETC is one of the goals of the European Union cohesion policy and provides a framework for the implementation of joint actions and policy exchanges between national, regional and local actors from different Member States.

The Danube Transnational Programme (DTP) promotes economic, social and territorial cohesion in the Danube Region through policy integration in selected fields.

In order to achieve a higher degree of territorial integration of the very heterogeneous Danube region, the transnational cooperation programme acts as a policy driver and pioneer to tackle common challenges and needs in specific policy fields where transnational cooperation is expected to deliver tangible results.

Considering its geographical coverage, this highly complex programme provides a political dimension to transnational cooperation which is unique in Europe, successfully facing challenges such as ensuring good mechanisms to contract partners who receive funding from different EU instruments.

The Danube Transnational Programme finances projects for the development and practical implementation of policy frameworks, tools and services and concrete small-scale pilot investments. Strong complementarities with the broader EU Strategy for the Danube Region (EUSDR) are sought.

(from the INTERREG Website)

For further Information on the INTERREG Danube Transnational Programme please click here