Are you thinking about setting up your own business or are you already a successful entrepreneur? The Erasmus for Young Entrepreneurs exchange scheme offers an excellent opportunity for new entrepreneurs to acquire relevant skills for managing a small or medium-sized enterprise (SME). The new entrepreneurs will learn how to manage an SME as well as getting familiar with the business environment in another EU country by working with an experienced entrepreneur. “Erasmus for Young Entrepreneurs” was launched by the European Commission in February 2009.<br/>New entrepreneurs can choose to stay between 1 to 6 months with an experienced entrepreneur. During that period, they are expected to acquire relevant start-up and SME management knowledge in areas like financial and operational management, development of innovative products and services, successful sales and marketing practices, European commercial law and the single European market.
During these difficult economic times we need to unlock the huge potential of start-up entrepreneurs and stimulate them to take the final step and set up a new enterprise. They gain a unique opportunity to learn from experienced colleagues so that their business ideas can become a reality. We need more SMEs to get out of the current crisis. They are creating most new jobs and are the driving force of our economy.”