09 May 2017

Innovate & Travel: discover the Erasmus for Young Entrepreneurs Programme

What is Erasmus for Young Entrepreneurs?

Erasmus for Young Entrepreneurs is a cross-border exchange programme which gives new or aspiring entrepreneurs the chance to learn from experienced entrepreneurs running small businesses in other Participating Countries.

The exchange of experience takes place during a stay with the experienced entrepreneur, which helps the new entrepreneur acquire the skills needed to run a small firm. The host benefits from fresh perspectives on his/her business and gets the opportunities to cooperate with foreign partners or learn about new markets.

 

Who can participate?

  • New entrepreneurs, firmly planning to set up their own business or have already started one within the last three years.
  • Experienced entrepreneurs who own or manage a Small or Medium-Sized Enterprise in one of the Participating Countries.

 

What are some of the benefits?

Potential benefits for new entrepreneurs include the opportunity to:

  • Stay up to six months with a successful and experienced entrepreneur in another European country to gain relevant business start-up knowledge in a wide range of areas such as marketing, financial accounting, customer relations, business finance;
  • Improve the entrepreneurial experience and chances of success during the business start-up phase;
  • Refine business ideas/plan;
  • Find out about European commercial law and the single European market,  European standardisation and European support for SMEs;
  • Receive practical and financial assistance such as induction courses before the exchange, logistical and local support during the stay, and a grant covering the travel and subsistence costs during the stay abroad.

 

Read some great blog post written by our friends from Startups.be on:

Got questions? Contact Diana Pati, EU Project Coordinator at Startups.be