Restarting or taking over a business after shutting down a business

The discontinuation of a business can cause financial, psychological and social trauma and entrepreneurs often find themselves alone when trying to rebuild. Reaching out for support can help them to recover personally and socially from closure, to regain confidence in themselves, their talents and their expertise, and thus initiate a shift in focus with regards to entrepreneurial failure.

ReLOAD Belgium support

Since 1 December 2020, ReLOAD Belgium ASBL has provided free support to entrepreneurs who are facing bankruptcy or the cessation of a business, to recover a new entrepreneurial or salaried project.

Support is personalised and takes care of the psychological impacts of the cessation of a business (loss of confidence, diminished self-image, discouragement, the feeling of finding it difficult to recover). The programme includes: individual coaching sessions, development groups, personalised training courses and mentoring. The initiative is based on a solidarity network, which is based on volunteering by entrepreneurs. It is based on the same model as its French equivalent, known as 60,000 Rebonds. 
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The ReLOAD Yourself cooperative

Reload Yourself supports you in your project to transfer and/or take over a self-employed activity or a company.

Reload Yourself offers you solutions to create, test and develop your project to take over or relaunch a business in a structured and secure framework.

Reload Yourself is built around the following three pillars:

1. A cooperative that will allow an entrepreneur at risk of bankruptcy to continue their business while Reload Yourself takes over the company with a new status
2. Support for the takeover/sale of a “classic” business
3. The self-takeover of a bankrupt business by employees (former employees) of the bankrupt business

The aim is to help the individual recover in a supportive and secure environment. The support is comprehensive and the team is comprised of coaches from both the Job Yourself and DiES, lawyers, accounting experts, experts on new business models, business creation, management and restructuring, and psychologists and support staff. 

Priority will be given to activities that are rooted in Brussels, to those that meet the needs of the region, those with high added-value know-how and/or those that take into account current environmental, social and societal challenges. 
Read more (FR)