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 (from one to six mouths), 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.
Benefits
As a new entrepreneur, you will benefit from on-the-job training in a small or medium-sized enterprise in another Participating Country. This will ease the successful start of your business or strengthen your new enterprise. You can also benefit from access to new markets, international cooperation and potential possibilities for collaboration with business partners abroad.
As a host entrepreneur, you can benefit from fresh ideas from a motivated new entrepreneur on your business. He may have specialised skills or knowledge in an area you do not master, which could also complement yours. Most host entrepreneurs enjoyed the experience so much that they decide to host other new entrepreneurs afterwards.
It is really a win-win collaboration whereby both of you can also discover new European markets or business partners, different ways of doing business.
On the longer-term, you will benefit from wide networking opportunities, and, possibly, decide to continue your collaboration, possibly as long-term business partners (e.g. joint ventures, sub-contracting activities, contractor-supplier relationships, etc).
“Erasmus for Young Entrepreneurs” is financed by the European Commission and operates across the Participating Countries with the help of the local contact points, competent in business support (e.g. Chambers of Commerce, start-up centres, incubators etc.). Their activities are coordinated at European level by the Support Office of the Programme.
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
ABUplus International's role in the EYE programme?
We will be your local contact point and will guide you throughout your exchange: help you with your application, help you establish a successful relationship with a suitable entrepreneur as well as providing you with all the answers to your questions.
We guarantee:
Support for NEs:
- information about the programme and pre-application interview
- help for the application (including support for the business plan creation)
- assessment of the profile
- help in finding a suitable host entrepreneur
- building of the relationship and help in detecting the best activity programme able to set up a win-win cooperation among the two entrepreneurs involved
- online training
- help with the administrative aspects (contract signature, check of registers of presences, etc.)
- monitoring of the exchange
- final evaluation of the exchange
Support for HEs:
- information about the programme and pre-application interview
- help for the application
- assessment of the profile
- help in finding a suitable new entrepreneur
- building of the relationship and help in detecting the best activity programme able to set up a win-win cooperation among the two entrepreneurs involved
- help with the administrative aspects (contract signature, compliance with all rules and regulations foreseen by the law etc.)
- monitoring of the exchange
- final evaluation of the exchange
Find more information on conditions of participation and general rules of the programme
