Erasmus for Young Entrepreneurs programme
host entrepreneur
Looking for your dream employee? Find your international young entrepreneur and start your adventure together.
About the programme
Erasmus for Young Entrepreneurs assists aspiring European entrepreneurs in acquiring the skills needed to launch and/or effectively manage a small business in Europe. New entrepreneurs come together to exchange knowledge and business concepts with a seasoned entrepreneur, with whom they reside and collaborate for a period ranging from 1 to 6 months.
The stay is partially funded by the European Commission.
In what ways will You benefit from this?
As a host entrepreneur, you can reap the benefits of fresh perspectives and innovative ideas from a motivated new entrepreneur within your business. They may possess specialized skills or knowledge in areas where you may lack expertise, complementing your own abilities. Many host entrepreneurs find the experience so rewarding that they choose to host additional new entrepreneurs in the future.
Over the long term, you will enjoy extensive networking prospects and may even opt to sustain your collaboration, possibly evolving into long-term business partnerships (such as joint ventures, subcontracting arrangements, or supplier relationships).
„Erasmus for Young Entrepreneurs” is funded by the European Commission and operates throughout the Participating Countries with assistance from local contact points specializing in business support.
Can You apply as a host entrepreneur?
To qualify as a host entrepreneur in the program, you must meet the following criteria:
- You hold permanent residency in one of the Participating Countries, and your company is registered within that country.
- You serve as the owner-manager of a small or medium enterprise, or you’re actively engaged in entrepreneurship at the SME board level (not as an employee).
- You have been operating your own company as an entrepreneur (not as an employee) for a minimum of three years.
- You are committed to sharing your expertise and experiences with a new entrepreneur and assuming the role of a mentor.
Benefits for host entrepreneurs
As a host entrepreneur engaged in the program, you will enjoy the following advantages through the exchange:
- You don’t pay the salary to the employee – the European Union does (The stay is partially funded by the European Commission).
- Collaborate with a dynamic and driven new entrepreneur who brings innovative perspectives, fresh skills, and knowledge to your business.
- Gain insights from a „fresh perspective” on your business and tap into specialized expertise that the new entrepreneur may possess.
- Take on the role of a mentor or coach.
Explore foreign markets, broaden your business horizons, and engage in cross-border ventures. - Connect with entrepreneurs from other Participating Countries, fostering collaboration opportunities.
- Cultivate a robust network and forge valuable relationships, facilitating mutual consultation, business referrals, and the identification of international business partners.
- Enhance your language proficiency.
The vast majority of entrepreneurs found the experience so rewarding that they opted to host additional new entrepreneurs thereafter! - No application or participation fees are required.
- Explore firsthand the benefits enjoyed by host entrepreneurs in the Erasmus success stories.
Who am I looking for currently?
This section is for you if you have owned your business for more than 3 years and would like to host a young entrepreneur in your company. Check out which businesses we are currently looking for the most, but if you don’t find an announcement that suits you, send me a message! I guarantee that we will find a young entrepreneur for you!
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Interested in hosting a young entrepreneur?
Would you like to participate in the program as an experienced entrepreneur and take advantage of the opportunity to host a young entrepreneur? Write to me!