Erasmus for Young Entrepreneurs
Our exchange program with stipends for aspiring entrepreneurs: build up your international business mindset and receive mentoring from an experienced founder.
Audience: aspiring entrepreneurs with a business plan or a pitch deck as “New Entrepreneurs” and founders with over three years of experience in a start-up as “Host Entrepreneurs”
Cost: free of charge for Host Entrepreneurs; New Entrepreneurs will receive a monthly grant up to EUR 1,100
Duration: 1-6 months
We connect Tech Entrepreneurs
The Erasmus for Young Entrepreneurs program brings together aspiring people who want to start a business with experienced entrepreneurs from all over Europe. As a founder ("New Entrepreneur"), you'll work within the scope of a business project at a company abroad ("Host Entrepreneur"). That way, you'll benefit from the experience of people who have successfully launched a company. Our exchange program is financed by the European Commission.
How you will benefit:
You will exchange entrepreneurial knowledge and experience.
You will expand your business network.
You will get access to new markets in Europe for your own business.
All you need is your CV (and a business plan). Visit the website of Erasmus for Young Entrepreneurs. Follow the steps:
- online application
- program acceptance and access to the intranet with around 5,000 entrepreneurs’ profiles
- matching with an entrepreneur of your choice
- development and submission of the working plan for your exchange
- collaboration within the company of the host entrepreneur
Who can participate in the program?
As an institution located in Germany, our target groups for the program are (1) founders in Germany with up to three years entrepreneurial experience (New Entrepreneurs), and (2) well-versed entrepreneurs in Germany with at least three years experience (Host Entrepreneurs).
Please note that participation in the program is not based on nationality but on fulfilling the program’s eligibility criteria with regards to permanent residence in one of the participating countries.
What will I do during the exchange?
New Entrepreneurs bring in the experience of their local market, knowledge on new technologies or on the implementation of innovative processes.
The Host Entrepreneur hosts a New Entrepreneur from a different country at his or her company in order to work on projects for mutual benefit. The host provides mentorship and gives the New Entrepreneur advice on how to develop his or her business.
Can I choose my own exchange partner?
Entrepreneurs are free to choose their own exchange partner in the program database or suggest an exchange candidate.
How long does it take before my exchange can start?
Several steps need to be completed before the exchange can start. The exact duration depends on all parties involved: the exchange partner, the local Intermediate organisations, and the European Commission. Be aware that it can take several weeks until your exchange is approved.
In which countries can I do an exchange?
As a New Entrepreneur, you can carry out an exchange with a Host Entrepreneur from:
- the 27 European Member States
- the EU outermost regions and the Overseas Countries Territories
- the EU associated countries (Albania, Armenia, Bosnia-Herzegovina, Montenegro, North Macedonia, Serbia, Iceland, Turkey, UK, Ukraine, and Kosovo)
- the USA (states of New York and California), Canada (provinces of Ontario and Quebec), Israel, and Singapore