Home > Business > #ReAct: Launch Of New Support Programme For Businesses

After setting up numerous emergency measures to support businesses that have been fundamentally disrupted by the COVID-19 health crisis, the House of Entrepreneurship of the Chamber of Commerce is broadening its range of services. To allow businesses to deal as effectively as possible with the downturn in economic activity and to help them define and implement their recovery strategy, the House of Entrepreneurship has launched the #ReAct project.
by: Silicon Luxembourg
photo: Max Ostrozhinskiy on Unsplash

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Solid support for businesses impacted by the COVID-19 pandemic

In this unprecedented health crisis, the challenges for businesses are enormous. Faced with the extent of the socio-economic crisis generated by COVID-19, the Chamber of Commerce continues to be proactive, as the recovery will be slow, progressive, and not without difficulties. “With the launch of the #ReAct programme, we stand with businesses in order to get through this difficult time and we offer them custom-made support to better prepare for recovery. We are convinced that through a collective effort, many companies will be able to get back on track and navigate the effects of this crisis”, said Carlo Thelen, CEO of the Chamber of Commerce.

Between Government imposed closures, employees on leave due to family reasons, drastic drops in customers due to confinement, and sometimes simply isolation itself, the challenges are numerous, and many entrepreneurs feel helpless. Nevertheless, this major crisis can also bring opportunities and beneficial changes for companies.

A three-pillar programme for better crisis management

#ReAct was designed to help entrepreneurs who are looking for active listening and strategic support to advise them in how to manage this crisis period, including restarting their activity, through three pillars: (1) community-based sharing of experiences and tools,for example online workshops, (2) personal check-ups to monitor the current situation and identify the challenges faced by the entrepreneur,and (3) the implementation of a concrete action plan as well as human, strategic and legal support for businesses.

Today more than ever, solidarity is essential to help businesses get through this unprecedented crisis. Tom Baumert, CEO of the House of Entrepreneurship of the Chamber of Commerce is therefore thrilled by the collective commitment and support of the numerous partners who have committed to this project, namely: Allen & Overy, Association des coachs professionnels ICN Business School, BDO, Business Mentoring Luxembourg, clc, Deloitte, Ernst & Young (EY), Eurogroup Consulting Luxembourg (ECL), Horesca, KPMG, Muller & Associés, NautaDutilh Avocats Luxembourg, Nyuko, Soffia, Stibbe Avocats.

Find the online workshops, tools and entrepreneurial testimonies on cc.lu

The content of this press release reflects only the opinion of the author, Chamber of Commerce Luxembourg

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