Erasmus for Young Entrepreneurs

CBE is intermediary organisation (IO) of the Erasmus for Young Entrepreneurs programme.

The programme and its benefits

Erasmus for Young Entrepreneurs helps provide aspiring European entrepreneurs with the skills necessary to start and/or successfully run a 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.
The stay is partly financed by the European Commission.

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.).
Please read the programme guide (English) for more information on conditions of participation.

How does the exchange process work?

The process comprises the following four phases:

1. Application
Whether you are a new or experienced entrepreneur, you can participate by applying via the online registration tool. At this stage, you will also need to
of your choice. This local contact point will be responsible for verifying your application, and if all requirements are met, accepting it.
2. Matching
Once your application has been accepted, you will have access to an on-line database of new and host entrepreneurs also participating in the programme. To find a suitable partner for the exchange, you can make up to 5 proposals from this database. Your local contact point is responsible for facilitating contact between entrepreneurs and they will help you look for a partner.
3. Commitment and preparation
The parties involved (i.e. new entrepreneur, host entrepreneur and their responsible local contact points) draft a “Commitment to Quality” consisting of a description of the work/learning project, objectives, tasks, responsibilities, deliverables, financial conditions and legal implications of the exchange. The local contact points also organise activities such as trainings to prepare the new entrepreneur for the exchange.
4. Implementation phase
You complete the exchange, in one or more time slots in accordance to your needs (see below) and will be asked to fill an online feedback questionnaire at the end. The responsible local contact points will monitor the quality of the exchange on a regular basis and will evaluate the results.

To discover how to participate CONTACT US!

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