Ethnic economy has increased in most European countries. More and more service companies are being founded by unemployed members of minority ethnic groups. Bi-nationality seems to be an additional qualification, a door opener and an economic factor. For many members of minority ethnic groups being self-employed is the only way out of poverty and unemployment and a key to integration through the process of work. Look at the mobile-phone shops, the night-shops, the small shops offering local supplies, the cafés, IT companies, travel agencies... Ethnic economy creates new potential and economic power as well as new apprenticeship training positions and jobs. In the light of self-exploitation and exploitation of the family networks, however, there is a growing demand of expertise and coaching for the founders and the members of their families.Seven organisations from five different European countries (Germany, France, Belgium, Greece, and Czech Republic) have been co-operating in the project “IBP - The Immigrant’s Business Plan“ from 2009 to 2011 in order to develop guidelines for the coaching of company founders of minority ethnic backgrounds. The project "The Immigrant’s Business Plan" created a space for exchange of experiences and cooperation. EU added value was obtained from including different aspects concerning the project topic from the participating countries. The outcome of the project, a web-based guideline, is meant to facilitate the tasks of VET counsellors and coaches, trainers, business start-up advisors, practitioners and professionals in the field of integration into the job market of speed-ing up, professionalising, and making their target groups’ business foundation projects more efficient and successful.Furthermore business founders will profit through becoming aware of entrepreneurial competences, and service offers in their country as well as improving their professional development.