Europe: New EU funding available to foster entrepreneurship among young migrants
- Media coverage
DG Growth is launching a call for proposals ‘Entrepreneurial capacity building for young migrants’ with the purpose of supporting the creation, improvement and wider distribution of support schemes for entrepreneurs born outside the EU, with a particular focus on newly arrived and young migrants. Supported projects will focus on:
- identification of potential migrant entrepreneurs and awareness about entrepreneurship in their communities;
- training courses on entrepreneurship, business planning, legal aspects of setting up a company and hiring employees, etc.;
- mentoring schemes for (future) migrant entrepreneurs;
- best-practice exchange and mutual learning among organisations active in supporting migrant entrepreneurs.
Are eligible all legal entities (organisation or consortium) established in one of the 28 EU Member States and active in
supporting the economic and social integration of migrants and/or in supporting entrepreneurs; including public authorities and administrations, business associations and incubators and non-profit organisations working with migrants. Consortia must be composed of a minimum of three different legal entities located in at least three Member States.
The call for proposals is part of the Entrepreneurship 2020 Action Plan of the European Commission. Selected projects will start in March 2017 and can last up to 24 months. The maximum budget allocated for EU financing under this call is 2.150.000 €, with a maximum EU financing rate of eligible costs of 85%.
The deadline for application is 30 November 2016.
DG Growth has also published a Guidebook to promote and support migrant entrepreneurship.