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.
The stay is partially funded by the European Union.
Whether you are a new or highly experienced entrepreneur, the programme can offer strong added value to your business: possible benefits include exchange of knowledge and experience, networking opportunities across Europe, new commercial relations or markets abroad.
Young entrepreneurs can be from the cultural and arts sector.Entrepreneurs running incubators may participate in the programme as host entrepreneurs providing they meet the eligibility requirements set by the programme for host entrepreneurs.
- 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.
The financial support to new entrepreneurs contributes to travel and subsistence costs during the visit. The grant is paid by the local contact point chosen by the new entrepreneur (registered in the online application). The new entrepreneur and his/her local contact point sign an agreement which determines the funding granted during his/her stay, and how it will be paid in practice (e.g. partial payment at the beginning of the stay, monthly payment, etc). The financial support is calculated monthly and reflects the overall living costs of the country of stay.