More than 1600 exchanges have so far been organised under the Erasmus for Young entrepreneurs programme and some 3200 businesses have been created or expanded.
During these difficult economic times being your own boss is an alternative which is not yet sufficiently exploited. Given the high youth unemployment, we wish to stimulate more young, start-up entrepreneurs to take the decisive step and set up a new enterprise. By participating in 'Erasmus for Young Entrepreneurs' they gain a unique opportunity to learn from experienced colleagues so that their business ideas can become a reality. The programme helps start-ups and contributes to the internationalisation of small companies, which is key to growth and youth employment
Since 2009, funded by the European Commission, Erasmus for Young Entrepreneurs enables new entrepreneurs – be they "would-be" entrepreneurs armed with a coherent business plan or entrepreneurs who started their own business in the last three years – to gain valuable skills and experience in a business in another country participating in the Competitiveness and Innovation Programme (CIP)1. European Commission Vice President Antonio Tajani will congratulate tomorrow in Milan new entrepreneurs who recently set up their own company. They have opened various types of company, including an enterprise company producing educational game software and promoting tourism using mobile technologies, a strategic consulting firm for technology focused companies, and a jewellery technology network.