The name of the project is “Entrepreneurship Preparation (RE)”. The RE program helps targeted individuals who are unemployed and want to start a business at the local level (for cities or counties). Once candidates are selected based on objective criteria, successful applicants are eligible to undergo training in specific skills for six months or a year. The duration of the training will depend on the area of ​​establishment. Additionally, candidates can benefit from financial support after training and interviews. In addition, there is a strict condition when they start a new business: they must open a business within their administrative area (at least in neighboring counties). Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an original essay Several conditions will be considerable for selection. Age Schooling/education Periods of unemployment Previous work experience Start-up experience2. What are the benefits and costs of the project? Of course, selected candidates will benefit from the RE program. They will have the opportunity to acquire sufficient knowledge and skills before starting their own business. Additionally, if they are qualified to get financial support from the local government, it should be easier to start a business. At the same time, local residents who should pay taxes may be unhappy. As the local budget is limited, the budget to support the unemployed may lead to a reduction in the budget in other areas of the public service. It may, however, be possible to apply federal grants to local economic development.3. Relevant Articles and EvidenceAccording to Acs (2006), there are two types of entrepreneurship: necessity entrepreneurship and opportunity entrepreneurship. Necessity entrepreneurship has no choice but to be an entrepreneur. Unemployment could be one of the reasons to become an entrepreneur out of necessity. In contrast, opportunity entrepreneurship is the result of opportunity recognition. Drawing on the Global Entrepreneurship Monitor (GEM) database, it concludes that not all entrepreneurship contributes to economic development. Necessity entrepreneurship is not helpful for economic growth, while opportunity entrepreneurship can boost economic development. Thus, economic growth is determined by the relationship between necessity entrepreneurship and opportunity entrepreneurship. According to his argument, if unemployed people create new businesses, the phenomenon is considered necessity entrepreneurship. We can deduce from this that there is a very positive relationship between necessity entrepreneurship (self-employment) and the number of unemployed. Koellinger and Thurik (2012) find that increased unemployment can lead to the creation of new start-up activities due to the “supply push” effect of unemployment. Using Granger causality analysis, they conclude that “entrepreneurship is often a way out for people who have lost their jobs to earn a living” (Koellinger & Thurik, 2012: 1149). Not surprisingly, there is empirical evidence showing that necessity entrepreneurship is difficult to succeed. Necessity entrepreneurship and people facing long-term unemployment tend to be significantly less satisfied with their businesses (Block & Koellinger, 2009). Low satisfaction can be explained by motivation (aspiration) and the decision process itself. In particular, the authors specifically explain the reasons: entrepreneurship through.