How to enable buildout support for project without setup.py file?

I have a project using buildout but there's no setup.py file in the root folder of the project. 'Prerequisites' section at http://www.jetbrains.com/pycharm/webhelp/buildout-support.html lists 'setup.py' in the root folder of the project as one of prerequisites for buildout support in PyCharm.
Can I still enable buildout support for my project and if so then how to do it?

What does enabling 'buildout support' give me exactly? I read http://www.jetbrains.com/pycharm/webhelp/buildout.html but information there are rather vague and page links to general topics like code completion, formatting and folding.

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