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:
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- 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.
Deadline: On a rolling basis
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