The Erasmus for Young Entrepreneurs programme helps by providing aspiring European entrepreneurs with the skills necessary to start and run a successful small business in Europe. New entrepreneurs gather and exchange knowledge and business ideas with an experienced entrepreneur, with whom they stay and collaborate for a period of 1 to 6 months.
Benefits
As a new entrepreneur, you will benefit from on-the-job training in a small or medium-sized enterprise elsewhere in the participating countries. 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.
It is really a win-win collaboration whereby both new and host entrepreneur also discover new European markets or business partners, different ways of doing business. In the long term, as a new entrepreneur 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).
The financial support that the new entrepreneurs receive, 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).
Find out more about the programme here: https://bit.ly/2MkIsNF