Erasmus for Young Entrepreneurs
The "Erasmus for Young Entrepreneurs" program, part of the Single Market Programme (SMP), is a cross-border exchange initiative designed to boost entrepreneurship and enhance the international outlook and competitiveness of European SMEs. It uniquely facilitates on-the-job training for new or aspiring entrepreneurs by pairing them with experienced host entrepreneurs in other participating countries. This program also supports experienced entrepreneurs by providing access to fresh ideas and new market partners.
Who is Funded
This section details the various entities and individuals eligible for the Erasmus for Young Entrepreneurs program, including a broad range of business support organizations and both aspiring and experienced entrepreneurs, across numerous participating countries. The program aims to foster entrepreneurship and enhance the global competitiveness of European SMEs through cross-border exchanges.
What is Funded
This section outlines the types of activities and thematic areas supported by the Erasmus for Young Entrepreneurs program, emphasizing cross-border exchanges, business development, and specific cost categories.
Type and Scope of Funding
This section details the financial support structure of the Erasmus for Young Entrepreneurs program, including the type of financial instruments, funding rates, and typical project durations for the exchanges.
Conditions and Requirements
This section outlines the essential criteria and rules governing applications, consortium formation, financial management, and other key provisions for participation in the Erasmus for Young Entrepreneurs program.
Application Procedure
This section outlines the process for applying to the Erasmus for Young Entrepreneurs program, from document preparation to submission and the subsequent evaluation.
Legal Basis
This section defines the legal and foundational documents that establish and govern the Erasmus for Young Entrepreneurs funding program.
Similar Programs
Funding Overview
Funding Status:
Closed
Maximum Amount:
Up to 100% for New Entrepreneur (NE) support and 75% for other cost categories.
Allocated Budget:
40,000,000 €
Award Channel:
Framework Programme Call
Region:
SMP Participating Countries, including EU Member States and specifically Ukraine, Kosovo*, Turkey, Republic of Moldova, Bosnia and Herzegovina, France, Armenia, Germany, Poland, Albania, Czech Republic. Exchanges are also possible with EYE global destinations for EU citizens.
Sectors:
Other
Beneficiaries:
New entrepreneurs, experienced host entrepreneurs, Intermediary Organisations
Application Type:
Consortium Required
Funding Stages:
Market Introduction, Commercialization, Capacity Building, Other
Funding Provider
Program Level:
European Union
Funding Body:
European Commission (under the Single Market Programme)
Managed By:
EISMEA
Additional Partners:
Support Office (SO)
Website: