IMPACT-Erasmus for Young Entrepreneurs

The European exchange programme for Entrepreneurs

Erasmus for Young Entrepreneurs is a cross-border exchange programme which gives new or aspiring entrepreneurs the chance to learn from experienced entrepreneurs running small businesses in other Participating Countries.

The exchange of experience takes place during a stay with the experienced entrepreneur, which helps the new entrepreneur acquire the skills needed to run a small firm. The host benefits from fresh perspectives on his/her business and gets the opportunities to cooperate with foreign partners or learn about new markets.

The stay abroad may vary between one and six months in total, and must be completed within an overall time span of twelve months. Within this time span, the stay may be divided into a number of shorter time slots (minimum one week per slot), which the new entrepreneur will spend abroad with the host entrepreneur.

MAIN OBJECTIVES:

– Facilitating business exchanges between new and experienced entrepreneurs;

– Up to six months on-the-job-training enabling a successful business start-up;

– Exchanging experience and knowledge about obstacles and challenges when starting and developing businesses;

– Enhancing market access and identifying potential partners for new and established businesses in other European countries;

– Networking by building on knowledge and experience from other European countries.

Who can participate?

• New entrepreneurs, firmly planning to set up their own business or have already started one within the last three years
• Experienced entrepreneurs who own or manage a Small or Medium-Sized Enterprise in one of the Participating Countries

Learn more here!

IMPACT project, of the 12th EYE Programme Cycle, aims at stimulating entrepreneurship and encouraging cross-border cooperation and trade in Europe. The project will provide startup entrepreneurs and would-be entrepreneurs opportunities to gain invaluable competences and perspectives through the learning from an experienced entrepreneur in another country that would be very beneficial during their business startup phase. On the other hand, the project will enable the host entrepreneurs to benefit from the new ideas, fresh entrepreneurial spirit, different perspective that NEs bring, as well as to get valuable insights about their home market and culture.

IMPACT will to enhance entrepreneurship, develop the international outlook and competitiveness of European SMEs and foster potential start-up entrepreneurs and newly-established micro and small enterprises in the Participating Countries and therefore contribute to the objectives of the call by establishing partnership relationships and personal contacts with New and Host Entrepreneurs (NEs, HEs); by facilitating the communication and effective cooperation between Consortium Partners and Intermediary Organization (IO), active promotion of the EYE program and careful selection and matchmaking of HEs and NEs. This ultimately will enable an experience sharing between HEs and NEs, access to local and international startup networks, access to new business opportunities and expert knowledge, coaching and support to entrepreneurs and help European entrepreneurs enrich their experiences, through learning and networking, and by spending periods of time in enterprises run by experienced entrepreneurs in other countries. Thus, this proposal is in line with the main goal of the COSME Programme: promotion of growth and strengthening of the competitiveness and sustainability of enterprises across Europe, and with the general objective of the Erasmus for Young Entrepreneurs program and aims to contribute to ‘creation of an environment in which entrepreneurs can thrive and entrepreneurship is rewarded’.

The main objective for IMPACT is to facilitate a successful start and development of business ideas of startups; foster international business cooperation by sharing experience and information between entrepreneurs and enhance foreign market access for newly established and experienced entrepreneurs, contributing to the development of European startup ecosystem.

Our Lifelong Learning Center KAINOTOMIA participates in the consortium of IMPACT project as an Intermediary Organisation. We will be your main contact throughout the Erasmus for Young Entrepreneurs programme and we will guide you throughout your exchange: help you with your application, help you establish a successful relationship with a suitable entrepreneur as well as providing you with all the answers to your questions.

You may be offered the opportunity to participate in an induction course to prepare you for your exchange.

Your local contact point will assess your application process. Once accepted, you will be able to search for an entrepreneur. A host entrepreneur’s local contact point will also offer local assistance to visiting new entrepreneurs during their stay.

Find out more about the programme and its objectives here!

Apply to the programme here and choose KAINOTOMIA & SIA EE as your Intermediary Organisation (IO) !