Erasmus For Young Entrepreneurs
 

If you have a business idea and want to make it your future business take part in the "Erasmus for Young Entrepreneurs" programme.

 

The requirements are:

  • being an aspiring entrepreneur, firmly inclined to start a business or an entrepreneur who has been running his own business at least three years (there is no age limit);
  • having a concrete project or a business idea described in a business plan;
  • being a resident of one of the 28 partners countries participating in the programme (including Liechtenstein, Norway, Macedonia, Iceland, Montenegro, Turkey, Albania, Serbia or Israel).
 

First of all describe your business idea in a form of a business plan, a document that describes in detail highlighting organizational, technical, financial and competitive aspects.

 

Next step is choose an IO, an intermediary organization, which supports and helps the new entrepreneur (NE), in this case: you, during the whole all process. In this links there is the list of all IOs.

 

Contact the IO nearest to your area of ​​residence and ask if they have sufficient financial funds, because they are the ones giving you the scholarship so it depends on them how months of financial support can you get.

 

Later you have to submit the application including the business plan and the information about the chosen IO.

 

Once accepted into the programme, it’s possible to select a host entrepreneur in the database of entrepreneurs registered in the programme. The choice will depend of the sector you want to realize your business in.

 

The programme consists of collaboration between the new entrepreneur and the host entrepreneur, a mutual exchange of knowledge and experiences. The stay abroad can last from 1 to 6 months and will be financed by a scholarship that changes depending of the country of destination.

 

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