SBA loans to resolve illegal immigration to Europe

Small business loan is a sustainable solution

The United States is the most entrepreneurial economy in the world, according to the Global Development and Entrepreneurship Index (GEDI). Is it possible to follow in the footsteps of the American experience to create a better future in Africa?

It is no secret to anyone that entrepreneurship is the ideal solution for a world in which jobs are shrinking and the cost of living is rising, with a steady increase in the size of opportunities at the same time, as these opportunities can be exploited to create small and medium businesses that accommodate the growing gap in job availability and the size of unemployment, but entrepreneurship Business in its comprehensive developmental concept seems to be under-recognized in Africa.


Entrepreneurship can be a major part of sustainable solutions for illegal immigration from Africa to Europe, and entrepreneurship can be the beginning of establishing stable open societies capable of accommodating new cultures, giving hope to local communities and at the same time opening new markets for global companies. In other words, supporting programs to raise awareness about entrepreneurship can also contribute to creating new markets for major international companies in African markets, if these companies provide real support to young people aimed at enriching their knowledge and developing their capabilities as a magic alternative to pressure and frustration programs that in turn lead to more regional tensions.

In the context of talking about the American experience, what is the picture of reality?

Talking about American excellence in the field of entrepreneurship may be a wonderful thing in theory and the desire to transfer the experience is a wonderful thing, but the reality that is being created in African societies needs to reconsider the best way to implement a different positive experience, as African societies cannot be flooded with news of accidents and rumors over decades Then expect more productivity or any kind of positive energy in the community. Thus, any programs to support entrepreneurship need to create a completely different educational environment.

For years, newspapers, magazines and newspapers in African countries have devoted full pages to incidents, rumors and gloomy news that played a destructive role in the formation of societies, and instead of spreading the motivating energy of action, the result was the creation of an unstable environment, and the creation of a bad stereotype of people about their societies. Then, in the end, entire societies turned into unproductive societies that do not have a future from which the world fears. With the increase in frustration and bleak vision, crime rates rose, and the desire for illegal immigration increased, which in turn was reflected in the expansion of the travel ban base to include the general community, which in turn creates Tense societies with cumulative crises. But the real question is, can the pressure and repression of African societies be replaced by real development programs based on the principle of entrepreneurship to solve problems instead of programs of intimidation and distraction from problems?

The American experience in entrepreneurship can be applied in African countries and transforming future-less societies into productive ones. The result in the end will be in the interest of large corporations if new markets are created based on highly conscious consumers.

Transferring the American Experience in Entrepreneurship to Africa

The real beginning of creating the American experience in the heart of African societies lies in the creation of high cultural awareness, and this needs to change the inflammatory media discourse based on the principle of distraction, with a media discourse aimed at stimulating energies for work and creativity and stimulating the desire to increase income .

The American experience is a good example.


The United States of America is considered one of the leading countries in all economic sectors, especially entrepreneurship, and the GEDI Development and Entrepreneurship Index indicates this.

The GEDI index combines data on entrepreneurial activity with data describing how well different countries support entrepreneurial activity, including the United States and 119 other countries around the world. The United States came out on top, followed by Australia and Sweden in second and third places, respectively.


Researchers have found that the United States is a world leader when it comes to financing new businesses through venture capital. This type of financial capital is provided to early stage, high potential and riskier start-up companies. This enables many new businesses to develop.

The study was conducted by researchers from Imperial College Business in conjunction with the London School of Economics and Political Science, Pecs University and George Mason University.

Professor Erko Otio, of Imperial College Business and co-author of the study added: “To understand the true impact of entrepreneurship on the economy, you have to move from counting beans to looking at the entrepreneurial ecosystem of the country as a whole. The United States excels because it is strong in many important areas.” Entrepreneurship plays an important role in the US economy, and as a result policy initiatives are created to encourage entrepreneurial behavior. This, along with a culture of determination and motivation, makes the United States a great place for entrepreneurship.”

Professor Zoltan Axe, co-author of the study from George Mason University and the London School of Economics and Political Science said: “While the US has faltered on the Index of Economic Freedom and some other measures, it has continued to outperform all other countries in entrepreneurship. The gap between the US and other countries is large. It seems to be expanding, not narrowing. What explains this is an ecosystem that is both deep and vast at the same time."

The United States also received the highest ratings, and ranks first overall, for entrepreneurship to produce innovative products and services that other companies do not currently offer. This testifies to the ability of entrepreneurship to discover new sources of growth in the US economy.


Women's liberation programs need entrepreneurship programs in the style of the American experience


The researchers found that the United States is also the world leader in female entrepreneurship. Researchers have found that US policies make it easier for women to start their own businesses. For example, the United States launched the Women's Entrepreneurship Policy in the Americas in 2012 to encourage more women to set up their own businesses. This promotes public-private partnerships to help women overcome barriers to entrepreneurship such as access to training, networking and financing.


Small business loans and business loans with a credit guarantee from an American-style development institution

The idea is to find a specialized authority in small business management whose main task is to guarantee bank loans to applicants for small business loans after conducting the necessary training for them, whether skills awareness sessions or educational sessions. This is done by the American Small Business Administration (SBA). Where Small Business Loans in America are called SBA Loans.

What is an SBA loan ?

An SBA loan is a government small business loan that can help cover start-up costs, working capital needs, expansions, real estate purchases, and more. This type of financing is issued by a private lender (a bank, financing institution, or business incubator) but with the support of the US federal government.

How do SBA loans work ?

A person applies for an SBA loan through a lending institution such as a bank or credit union. That lender then applies to the SBA for a "loan guarantee," which means that if the SBA defaults, the government pays the lender the amount guaranteed.

Both a government guarantee and a personal guarantee reduce the risk for lenders - making them more willing to work with small businesses.

Once an SBA loan is approved, the lender is responsible for closing the loan and disbursing the loan proceeds. The novice entrepreneur pays the lender directly, usually repaying the loan on a monthly basis over several years.

SBA loans as an alternative solution to illegal immigration from Africa

The application of the American experience in creating a suitable environment for entrepreneurship and creating incentives for individuals in poor communities can be an ideal sustainable solution to the problems of unemployment and illegal immigration.

Loans secured by a specialized body are considered the best solution to the problem of lack of credit ceiling. But this also needs rehabilitation programs in order to build a different cultural awareness to help these individuals achieve small business success and return money to lenders securely.


Entrepreneurship instead of hate speech

Over the years, programs to stimulate hate speech have been funded in the heart of African societies for various reasons that are not here to mention, and the result was bleak and melancholy. From the inflammatory rhetoric that supports hatred, and at the same time, it has had a further negative impact on the so-called programs to drain the sources and drain the funding. But what is the result and is this really the solution?

There is no need to continue to stifle African societies, as Africa cannot continue to be treated as a source of hatred.
There are some societies in North Africa that have proven that hope and high culture can be created in them with entrepreneurship development programs as an alternative to hate speech. The future of global companies begins with supporting entrepreneurship, not the other way around.

Entrepreneurship instead of hate speech does not create competitive societies at all. On the contrary, entrepreneurship contributes to opening more markets for major global companies with comprehensive economic interests. The benefit is mutual for both parties. For society, unemployment will decrease, illegal immigration rates will decrease, and for large corporations, new markets will be opened for modern products that will find culturally open consumers who have the financial ability to spend on consumption. Global digital transformation needs entrepreneurship and Africa cannot be ignored.

Societies with cultural awareness of entrepreneurship are the ideal solution for sustainability and digital transformation.

Digital transformation requires cultural and educational awareness and an understanding of creativity. Digital transformation can never be a means of putting pressure on African societies only, but rather it must be a means to develop these societies and contribute to the circulation of capital and motivate the macro economies of African countries and the world. The solution starts from Europe for the sake of Europe . Maintaining the standard of living of the European individual can continue forever if there is real support for entrepreneurship in Africa because bad experiences in some countries have proven that illegal immigration to Europe does not only carry a harbinger of danger, but even with the situation of all Policies to prevent immigration, there are great tensions that create a state of instability of living.

The real solution is for European financial institutions to start financing “the creation of suitable environments for the flourishing of entrepreneurship” in African countries, especially North Africa, as a more sustainable alternative to financing collective prevention programs and financing “fund drying programs” that have caused a collective drought of societies, leaving profound effects even on culturally educated individuals. extroverted.

Economic reform programs must include media and educational reform funding programs to create a real and appropriate environment for entrepreneurship that is reflected in all aspects of social life.

The situation in Ukraine has demonstrated beyond any doubt the need to support African societies economically as a means of strengthening bonds of friendship and solidarity. This can be done not only through funding, but also by sending specialized missions to supervise entrepreneurship development programs in Africa. To make sure the entrepreneurship funding will actually reach the community.

And at the end of this article what I want to say: We want to have real entrepreneurship programs. We want to open up to Europe and the world. We want a better future. We want another chance. Our societies cannot be treated solely as a source of darkness. African societies are capable of learning despite all circumstances, and this is what will happen in the end, and the systematic distraction cannot continue forever.