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Funding

Erasmus for Young Entrepreneurs is a cross-border exchange programme that 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.

Opportunity Details

Target audience
Digital skills for the labour force.
Digital technology / specialisation
Digital skill level
Basic
Intermediate
Advanced
Geographic scope - Country
Austria
Belgium
Bulgaria
Cyprus
Romania
Industry - field of education and training
Generic programmes and qualifications not further defined
Type of initiative
EU institutional initiative
Form of funding
Financing intermediary
Intermediary Organisations are organised in European partnerships, bringing together several partners from the different participation countries.
Beneficiaries

The programme encourages the participation of both:

  • 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 (SME) in one of the Participating Countries.
Financing conditions

The amount of the financial support and related details are subject to the financial agreement signed between the New Entrepreneurs (NE) and the Intermediary Organisations (IO), and it is based on the monthly lump sum for the country of the exchange and the actual periods spent abroad with the Host Entrepreneur (HE).