Project Overview

Low-skilled adults have a major share on unemployment rates. A very significant number of European citizens lack key competences: around one quarter of the total adult population have low knowledge on reading, writing, numeracy and digital skills, enhancing their risk of unemployment and social exclusion and, consequently, poverty. In an attempt to address these issues, the priorities set by the European Financial Literacy Game for Adults' Citizens (Euroinvestment) project include:

  • Developing of relevant and high-quality skills and competences
  • Improving and extending the supply of high quality learning opportunities tailored to the needs of individual low-skilled or low-qualified adults
  • Extending and developing educators' competences

Euroinvestment project aims at designing, testing and providing a game specifically tailored and addressed to low qualified adults, fostering their knowledge and competences in key competences of financial literacy such as: compound interest and risk diversification, exploration of vulnerability and influence in the credit, savings and investments, among others.


Project Objectives

The Euroinvestment project aims to:

  • Design and develop a set of tools and materials to explore financial literacy in low-skilled adults;
  • Deliver a workshop for adult training providers so that they can use the project outputs in their own trainings;
  • Develop a strategic plan for financial experts who are related to the development of programmes on financial literacy for adults’ citizens;
  • Design mechanism to enable an independent use of the online game for all target-groups;
  • Increase competences on low-skilled adults to enhance the possibility to achieve better jobs and future;
  • Increase competences on basic digital skills on low-skilled adults and training providers using the game and platform.

Outcomes & Activities

The main activities of Euroinvestment project consist of:

  • Strategic plan for financial education of low-skilled adults in Europe – report on the gaps and needs on financial education for low-skilled adults in the consortium countries, based on the European and National Frameworks developed within this theme;
  • Euroinvestment model game – fun, interactive and didactic game that will respond to the needs and gaps identified, as well as an online platform to host the game and the project’s main results and achievements;
  • Euroinvestment – Playing by the rules – handbook to enable the independent use of the game by low-skilled adults and training providers, as well as to deliver deeper theoretical information on the topics and themes presented in the game.


Project Partners

In this Action the directly involved participants are:

INOVA+ is the Portuguese leading company in the promotion and management of international projects of Innovation, Education and Training and Research and Technological Development. The company’s mission is to provide the knowledge, management capacity, partnerships and technical and financial support needed to ensure successful innovation projects to its customers.

Counting with 20 years of experience, INOVA+ employs a highly-qualified team of more than 85 consultants based in offices all over Europe: Matosinhos (headquarters), Lisbon, Brussels, Heidelberg and Warsaw. INOVA+ is also linked to a wide network of partners, which include Universities, Research Centers, Municipalities, clusters, Brokerage Institutions and European Bodies.

The International Cooperation Unit is composed by a highly-qualified team with large experience in coordinating and managing EU-funded projects and initiatives to deliver effective and sustainable solutions. The range of competences includes monitoring of opportunities, partner search, proposal writing, project management and coordination, research and needs analysis, policy analysis, development of training materials and contents, networking, evaluation, event planning and organization, communication and dissemination, exploitation and transference of results.

INOVA+ has participated in over 100 European projects a large range of programs and has coordinated over 30 projects.

Partner Website:

Centre for the Advancement of Research and Development in Educational - Technology (CARDET)

CARDET is an independent, non-profit, non-governmental, research and development organization based in Cyprus with partners around the world. CARDET is becoming one of the leading institutions in the Euro-Mediterranean region for research , evaluation and development. The CARDET team strives to offer the highest quality research and development capabilities and educational opportunities to benefit society.

CARDET’s mission is to inspire next generation education, and to promote research, innovation, and development through evidence-based practices, cutting-edge research, and empowered people.

Partner Website:

ACCIÓN LABORAL is a non-profit organization, born as a tool to develop initiatives in cooperation with the Public Administration and Private Companies to provide coverage in the field of Employment and Training to the needs of job seekers at risk of social exclusion. Its main activity is the Labor Insertion of people in situation of unemployment, especially, those defined as priorities in the National Plan of Action for Employment, understanding: people with disabilities, immigrants, long-term unemployed, low-skilled young people, women, etc.

ACCIÓN LABORAL has developed a working method which allows the organization to carry out programs anywhere and in a clear defined time, achieving very satisfying results. The social purpose our organization is to improve the quality of life, pointing out its efforts to improve the employability.

ACCIÓN LABORAL operates for National and Regional Public and Private Entities according a transparent and verifiable „Code of Business Ethics‟. Our operating procedures are ISO9001 (quality) and ISO14001 (environment) certified. These qualifications support and substantiate our claim to serve our clients independently, qualitatively and responsibly on (inter)national assignments. In 2017 ACCIÓN LABORAL obtained a score of over 400 points in the external EFQM evaluation and consequently the EFQM award.

Partner Website:

CESAE – Centro de Serviços e Apoio às Empresas

CESAE was created on 1995, by a protocol celebrated between AEP, Oporto and Aveiro’s Universities and other scientific and technological Institutions.

Its main activity is IT TRAINING and SERVICES, spread out all over the country. The growth of CESAE during the years is also based on the great variety of agreements and partnerships, established with important national and international organizations: Microsoft, Autodesk, Cisco, Pearson VUE. Along our many years of activity, we had a total of 162.970 trainees and 1.824.375 hours of training.

Partner Website:


Institut d’Estudis Financers (Financial Studies Institute)

The Institute of Financial Studies (IEF) is a leading Spanish banking and finance training and knowledge dissemination institution.

Established in 1990 as a private foundation by the most important Spanish banks and saving banks under the initiative of the Catalan Regional Government, IEF was conceived and created to contribute improving competitiveness, efficiency and internationalization of the banking and financial sector, through professional training and HR development in all financial related fields and through boosting all kinds of financial knowledge based projects.

Since 2008, the IEF Foundation is also contributing to promoting financial literacy and inclusion among Spanish and European citizens through different Financial Literacy Projects such as EFEC (Financial Education at the Catalan Schools) with more than 102,000 students taught, 18,000 workshops done by 920 trained volunteers in 400 schools only in Catalonia.

Partner Website:

INNOVADE is an SME based in Cyprus, with a team of professionals with several years of experience in strategic visioning, business development, social entrepreneurship, technology, innovation, and academic industries. Its project experiences and academic influences span the globe. Its goal is to assist clients to define and attain their Strategic Goals and achieve their operational objectives by providing unparallel level of expert support. InnovADE works with organizations to help them streamline technological advancements and productivity tools into their processes to ensure that they improve performance, and increase their productivity and profitability.

The InnovADE team has a positive outlook in formulating and solving problems, a passion and the commitment to clients, and its expertise, experience, and knowledge are the driving forces behind its business philosophy. The combination of these values is what differentiates InnovADE from the multitude of other organizations.InnovADE is specializing in various solutions, based on its strategic direction and supported by resident expertise. Some of the areas of strength are: ICT integration, Innovation Infusion, Strategic Development, Project Management, Expert Opinion Services, Quality Assurance, Monitoring and Evaluation.

Partner Website: