Erasmus for Young Entrepreneurs Program 2025

About Erasmus for Young Entrepreneurs Program

Erasmus for Young Entrepreneurs is a cross-border exchange program that gives new or aspiring entrepreneurs a 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.

Erasmus for Young Entrepreneurs Program Eligibility

Open to:

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.

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;
Become members of an international European business network of successful entrepreneurs;
Gain knowledge about foreign markets and understand the regulatory framework in another European Union country;

Collaborate and develop cross-border business cooperation;
Gain insights into different cultural and organizational settings and understand how companies function in the European Union;
Improve language skills;

Find out about European commercial law and the single European market, European standardization 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.