Navigation path

Updated 27/09/2016

Updated 27/09/2016

Exchanges for new entrepreneurs

New entrepreneurs – how to qualify for the scheme

If you've just started a business or intend to soon, you could qualify for the Erasmus for young entrepreneurs exchange scheme.

The scheme allows you to spend some time in another EU country working and learning from an experienced entrepreneur. It is partly funded by the EU.

To qualify for the scheme, you must be able to demonstrate your motivation and firm intention to start a business. You will have to present a solid business idea, including a realistic business plan.

You can still apply even if you already started in business, as long as you have been running the business for less than 3 years at the time of application.

You must have been a resident in an EU country or a country that is part of the COSME agreement for the last 180 days. You must also be able to supplement the EU support with your own funds to cover all costs linked with your travel and stay abroad.

Duration of the scheme

The duration of the scheme is between 1 and 6 months. It is recommended to complete the exchange without interruption, but it is possible to split your stay into several parts, as long as you finish within 12 months of starting the programme.

Who to contact

In most countries there are local contact points (Intermediary Organisation - IO) . They will guide you through the application and exchange process and pay out your financial support. In case there is no IO in your country you can get in touch with an IO in another country.

EU financial support

You can apply for financial support to help towards your daily living costs and travel expenses while participating in the programme. The amount you will receive varies from country to country.

Financial assistance per country

Country where the new entrepreneur stays Amount given per month while staying in the country (in euros)
Denmark 1100
Ireland, United Kingdom 1000
Finland, Sweden 950
Austria, France, Iceland, Italy 900
Belgium, Germany, Luxembourg, Nertherlands, Spain 830
Cyprus, Greece, Portugal 780
Turkey 750
Croatia, Malta, Slovenia 720
Estonia, Hungary 670
Armenia, Czech Republic, Latvia, Poland, Slovakia 610
Bulgaria, FYROM, Lithuania, Montenegro, Romania, Serbia 560
Albania, Moldova 530
Outermost Regions of the EU, OCTs and entrepreneurs with special needs 1100

How to apply

Documents required to apply:

  • Your CV
  • Your motivation letter
  • Your business plan

For more information you can consult the Registration guide for new entrepreneurs [896 KB]

Becoming a host to a new entrepreneur

If you are a successful and experienced entrepreneur or owner of a small business, you could qualify to host a new entrepreneur. You can benefit from being part of this scheme in many ways, for example:

  • Working with a motivated new entrepreneur can bring innovative views, new skills and knowledge to your business.
  • You may have the possibility to learn about foreign markets, this could lead to expanding your business opportunities and engaging in cross-border activities.
  • You may have the opportunity to improve your language skills.

How to apply as a host

What you need to participate as a host in the programme

  • You must be a permanent resident in an EU Member State or any of the other participating countries.
  • Your must provide your CV (specifying your entrepreneurial experience – minimum 3 years - and information on your current business).
  • You must be able to demonstrate your motivation towards participating in the scheme

You can read more about what your role will entail in the guide for host entrepreneurs [995 KB]

Contact a local business support partner

Your enquiry will be sent to a support partner from the Enterprise Europe Network. To assist the advisor to respond in a timely and correct manner to this free service, please provide as much information as possible.

Local business support

Help & advice

Get in touch with specialised assistance services

Help & advice

Contact a local business support partner

Your enquiry will be sent to a support partner from the Enterprise Europe Network. To assist the advisor to respond in a timely and correct manner to this free service, please provide as much information as possible.

EEN-logo

Contact form

(All fields are mandatory)
Thank you, your message has been sent successfully.
Due to technical problems, your message could not been sent. Please try again later.
Please provide a valid e-mail address.

Personal details

Company details

YesNo

Austria

Wien

Belgium

Brussel

Bruxelles

Namur

Bulgaria

Sofia

Croatia

Zagreb

Cyprus

Nicosia

Czech Republic

Praha

Denmark

Copenhagen

Estonia

Tallinn

Finland

Helsinki

France

Blagnac Cedex

Caen

Dijon

Guadeloupe, Martinique

Lille

Lyon

Paca

Paris, Ile-de-France, Centre, Nouvelle-Calédonie, Polynésie

Rennes

Saint-Denis

Germany

Berlin

Bremen

Erfurt

Hannover

Kiel

Leipzig

Magdeburg

Mainz

Mülheim an der Ruhr

München

Rostock

Stuttgart

Wiesbaden

Greece

Athens

Hungary

Budapest

Iceland

Reykjavík

Ireland

Dublin

Italy

Firenze (Toscana, Umbria, Marche)

Milano (Lombardia, Emilia Romagna)

Napoli (Abruzzo, Calabria, Campania, Basilicata, Molise, Puglia, Sicilia)

Roma (Lazio, Sardegna)

Torino (Piemonte, Liguria, Valle d’Aosta)

Venezia (Veneto, Trentino Alto Adige, Friuli Venezia Giulia)

Latvia

Riga

Lithuania

Vilnius

Luxembourg

Luxembourg

Malta

Pieta`

Netherlands

Den Haag

Norway

Oslo

Poland

Kielce

Lublin

Warsaw

Wroclaw

Portugal

Lisboa

Romania

Baciu Cluj

Bucuresti

Constanta

Timișoara

Slovakia

Bratislava

Slovenia

Ljubljana

Spain

Barcelona

Madrid

Oviedo

Palma

Santa Cruz de Tenerife

Sevilla

Valencia

Vitoria- Gazteiz

Zaragoza

Sweden

Stockholm

United Kingdom

Belfast (Northern Ireland)

Cardiff (Wales)

Edinburgh (Scotland)

London (England)

3000/3000

This information entered on this form is sent directly to a partner from the Enterprise Europe Network. Personal data entered on the form will only be used to assist the advisor to respond to your enquiry; the data will not be stored thereafter.

Help & advice