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 countries.
From
its launch in 2010, many young Europeans have already taken this opportunity: for
an example Ivan from Bulgaria who wanted
to learn how to produce wine and run a company in the field and asked to be
assisted by Roberto, who is a
successful entrepreneurs in the field in Tuscany, Italy; or Irma, young Lithuanian passionate of
film industry and willing in creating a movie production company who moved to
Sweden to work with Tobias, director
of a documentary company based in Stockholm.
The
programme finances the travel and the staying of the young entrepreneurs for a
period which lasts from one to six months. The programme functioning is supported
by local contact points – Intermediary Organisations (IOs), competent in
business support (e.g. Chambers of Commerce, start-up centres, incubators etc.)
from Participating Countries support new entrepreneurs (NEs) and host
entrepreneurs (HEs) in finding their match and in carrying out their business
exchange.
The difference between the
Erasmus for students is that this is really a two-sided exchange. On one hand new or potential entrepreneurs, firmly planning to set
up their own business or have already started one within the last three years;
on the other experienced entrepreneurs who own or manage a Small or Medium-sized
Enterprise in one of the participating countries.
According
to participants the Erasmus for Young entrepreneurs is a win-win
collaboration. Indeed while new or
potential entrepreneurs gain competences and perspectives
about how to run a business from a high skilled person, they also bring their
fresh entrepreneurial spirit and knowledge of their home market and culture as
a source of new ideas and as a sounding board for host entrepreneurs.
Both the host and the hosted learn about foreign markets, expand business
opportunities and engage in cross-border activities. Furthermore they can
become part of a dynamic European business network of successful entrepreneurs
and thus improve the growth potential of the company.
The Erasmus for Young
Entrepreneurs programme was developed within the framework of the Small Business Act (SBA) and has the final aim of
enhancing entrepreneurship, internationalisation and competitiveness of new and
established micro and small enterprises within the participating countries. These are the 28 European Member States,
Liechtenstein, Norway, the Former Yugoslav Republic of Macedonia, Iceland,
Montenegro, Turkey, Albania, Serbia and Israel.
Find more information about the programme and
the details for applying on the dedicated website.
Click HERE if you are interested in watching more
successful stories.
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