Adie Microfranchising, France
Adie Microfranchising aims to finance and support unemployed people who wish to create a business but find it hard to secure a standard bank loan. It is an innovative model of supporting unemployed people in creating their own business through a franchise, along with training, counselling, financing and other business support. The target clients are people on low income, including those in receipt of welfare benefits and people with low educational attainment. The scheme facilitates creation of businesses with a lower level of risk, utilising a ‘turn-key’ business model that has already been tested.