Erasmus for Young Entrepreneurs | Funding to develop projects in Europe
Who? The programme addresses young entrepreneurs that run their own companies for less than three years that want learn from more experienced entrepreneurs how to grow their business.
How to apply to become and entrepreneur abroad? How to fill the application form?
- In order to fill the application form (it is available only in English), you need to register as a “new entrepreneur”. A new entrepreneur is a would-be entrepreneur or someone who has run his own enterprise for less than three years.
- You would have to provide the language you are comfortable with, the countries of your preference (it does not mean that you cannot be contacted by Host Entrepreneurs from another country) and the duration of your stay.
- It is necessary to provide a CV in English.
- You also need to create a so-called Business Plan. This document is important because it will give the Host Entrepreneur (HE) an idea of your operational and financial objectives. The European Commission does not offer any template. However, on euxtra you can find some advices that would help you design your project.
- You have to choose your Intermediary Organization (IO) that will be your contact during all the different phases of the programme. The Intermediary Organization is usually chosen based on the geographical preference of the applicant. Should you need any information, you can contact your Intermediary Organization.
- Once you have completed the application form, your Intermediary Organization will receive it on its personal page of the website. The Intermediary Organization reviews applications, as well as confirms them and changes the status to “accepted” before contacting you. -
- Once your status has been changed to “accepted”, you have to access the database of the EYE Programme and be able to look for a Host Entrepreneur on your own. You can filter results by sector, language and country.
- If you find a Host Entrepreneur you are interested in, if contact details are available, you can contact their Intermediary Organization (contact information available on each profile) or the HE directly to present your project if -. Alternatively, you can contact your own Intermediary Organization that would get in contact with the host IO.
- If the HE is interested in your project, you can establish an agreement under the supervision of your Intermediary Organization.
- After some procedural details, you have to fill the “activity plan” in agreement with the HE in order to define your activities (if it is an enterprise of software for instance, would you work on the development or the installation of software or both?), as well as your travel dates.
- You receive one half of the scholarship before your departure and the other half once the stay ends.
- Once you get back home, you have to fill the feedback sheet (mostly multiple choice questions).