ERASMUS 4 YOUNG ENTREPRENEURS 2016-2021

Topic description

Scope:

The objectives of the Erasmus for Young Entrepreneurs mobility scheme are:

- Helping new entrepreneurs acquire and build managerial skills and further develop their

business plan/activity by learning from experienced entrepreneurs;

- Learning on the job by the new entrepreneurs by working with the host entrepreneur on

concrete business projects;

- Supporting the host entrepreneur in researching, developing and testing or piloting new

business concepts, products or services by the new entrepreneur's bringing in fresh ideas from

another environment (in national, academic, market etc. terms);

- Raising entrepreneurs' awareness for the benefits from going international and, in particular,

from exploiting the potential of the Single European Market by getting hands-on know-how

about other national markets within the EU;

- Intensifying the networking and business relationship between entrepreneurs from different

participating countries, especially laying the ground for further internationalisation of SMEs'

businesses and for further spreading of innovative methods or products in the Single European

Market.

The initiative expects to have achieved the following results by January 2019:

- Circa 2400 exchanges matched;

- Circa 5500 entrepreneurs registered;

- Circa 120 Intermediary Organisations involved in the implementation of the programme;

- At least 28 countries covered;

- Rate of successful exchanges above 90%.