Erasmus for Young Entrepreneurs is a cross-border programme facilitating the exchange of entrepreneurial and management experience. The exchange is implemented by a stay of a newly established or potential entrepreneur with a well-experienced entrepreneur running a small or medium-sized enterprise (SME) in another country. In the last five years, more than 2,500 pairs of entrepreneurs have benefitted from the programme.
The European Commission’s goal is to organise 10,000 exchanges by 2020. Erasmus for Young Entrepreneurs is implemented through local contact points selected through annual calls for proposals.
Erasmus for Young Entrepreneurs aims to boost Europe's entrepreneurial culture. The programme:
The stay of the entrepreneur is partially funded by the European Union. By 2020, funding under the COSME programme will have supported a total of 10,000 exchanges.