Erasmus for Young Entrepreneurs
What is it?
Erasmus for Young Entrepreneurs is a business exchange programme financed by the European Commission.
The initiative gives new and aspiring entrepreneurs the chance to learn from experienced entrepreneurs in business in other participating countries who, in turn, benefit from the added resource of a motivated entrepreneur.
An exchange typically lasts between one and six months.
Why go on exchange?
As a would-be or newly established entrepreneur, you will benefit from on-the-job training in a small or medium-sized enterprise. You will have access to new markets, international cooperation and possibilities for collaboration.
On-the-job training with an experienced entrepreneur will help prepare you to run your own business successfully.
You can receive a grant from a European Commission and benefit from the programme as a new entrepreneur if you:
are a permanent resident in one of the European Union countries
are prepared to contribute to the development of the host entrepreneur’s business
are prepared to cover the costs of your stay abroad exceeding the EU grant
have a concrete project or business idea, reflected in a business plan
can clearly demonstrate your motivation and commitment to engage in a business relationship with an experienced entrepreneur from another European Union country.
How to get started
After you complete an application and get accepted for the programme, the contact point you will have chosen in your country will provide you with support and assistance to find your host entrepreneur.
You will also receive practical assistance during your stay abroad.