European Programme "Erasmmus for Young Entrepreneurs" will continue to January 2014
02/14/2014What is it ?
"Erasmus for Young Entrepreneurs" is an exchange program for entrepreneurs, financed from the European Union. The main objective of the program is to encourage entrepreneurship, increase competitiveness and internationalization of small and medium enterprises (SMEs) through the exchange of knowledge, experience and best practices.
"Erasmus for Young Entrepreneurs" enables inexperienced entrepreneurs recently launched their businesses, get good practical advice and experience as a guest of successful managers of companies from another Member State of the EU for a period of 1 to 6 months .
Young entrepreneurs receive financial support from the European Commission to implement the exchange of experience.
Deadline for participation:
The pilot phase of the program started in early 2009. This fourth stage of the program will continue until January 2014.
You can participate in the program as a Young Entrepreneur if:
- You are future entrepreneur who firmly planning to start a business, or you're an entrepreneur who started a business in the last three years. There is no age limit!
- Are you a resident in one of the EU Member States;
- Do you have a specific project or business idea built into a business plan;
- You can prove your readiness to establish a business relationship with an experienced entrepreneur in another EU country;
- You are ready to contribute to the business development of your host entrepreneur;
- You are ready to bear the cost of your stay abroad, excesseding the EU funding grant.
You can participate in the program as a Successful Entrepreneur if:
- You are you a resident in one of the EU Member States;
- You are you managing own SME or are directly related to the enterprise-level management body of the company;
- You are manage your business more than 3 years;
- You are ready to share your knowledge and experience with your guest entrepreneur and give him/her advice.
Benefits for Young Entrepreneurs:
- Training from experienced entrepreneurs in other EU countries and knowledge for the set uo and management of the business;
- Practical and financial support for contacts, preparation of contracts, preparation before going abroad and local logistical support during the stay and funding from the European Commission to cover the costs of travel and subsistence during their stay abroad;
- Establish international contacts and learning about foreign markets;
- Ability to develop joint initiatives and cross-border markets;
- Understanding the different environment / workplace cultural and organizational aspects;
- Understand the regulations in another European country.
Benefits for Successful Entrepreneurs:
- Work with a serious, committed and motivated young entrepreneur who could contribute to your business through innovative ideas and point of views;
- Increase knowledge of foreign markets, establishing business contacts and increase opportunities for internationalization of business;
- Increasing the growth potential of the company and the ability to directly establish new business partnerships directly with young entrepreneur from another country;
- Ability to interact with successful entrepreneurs from other countries and become part of a dynamic pan-European business network of successful entrepreneurs;
- Benefit from the support of a professional intermediary organization to find potential business partners and support in establishing relationships with the young entrepreneur.
Application Process:
Successful young entrepreneurs and entrepreneurs can participate in the program after registering on www.erasmus-entrepreneurs.eu
Young entrepreneurs should prepare a CV and a business plan.
After registration, a meeting was held - an interview between the entrepreneur and the intermediary organization.
Certificates:
The young and successful entrepreneurs receive certificates for their successful participation in the program.
Success Stories:
Success stories of young entrepreneurs who participated in the program can be found at: http://ictcluster.bg/en/innovation-and-entrepreneurship/projects/erasmus-for-young-entrepreneurs/
The story of a successful entrepreneur from Bulgaria, participated in the program you can see here: http://www.youtube.com/watch?v=10vux_nwpJQ
For more information and assistance, please contact:
Foundation "ICT Cluster"
Krasimira Shindarova
Coordinator of the project "Erasmus for Young Entrepreneurs"
Tel: +359 2 489 97 44
e-mail: krasimira_shindarova@ictcluster.bg
web: www.ictcluster.bg