Apply for European Commission’s Erasmus for Young Entrepreneurs (EYE) Programme!

Deadline: 30 August 2017

The European Commission is currently seeking applications for its “Erasmus for Young Entrepreneurs” (EYE) programme with an aim to support new or aspiring European entrepreneurs in the crucial phase of establishing, running and growing their business by working together with an experienced entrepreneur from a country outside the Europe.

Objectives

  • To foster exchange of entrepreneurs from EU countries and countries outside Europe: USA (max. two U.S. States), Israel and one third country in Asia (to be selected by the applicant among Singapore, Taiwan or South Korea);
  • To provide on-the-job-training for New Entrepreneurs (NE) with established Host Entrepreneurs (HE) in small and medium-sized enterprises elsewhere in non-EU countries, in order to facilitate a successful startup, scale– up and development of their business ideas;
  • To foster sharing of experience and information between entrepreneurs on the obstacles and challenges of starting up, developing and growing their businesses;
  • To enhance market access and identification of potential partners for new European businesses in the USA (max. two U.S. States), Israel and one third country in Asia (to be selected by the applicant among Singapore, Taiwan or South Korea)

Funding Information

  • The Maximum budget allocated for EU financing under this call is € 750.000.
  • Maximum EU financing per new entrepreneur:
    • Cost to cover travel to the exchange destination:
      • For USA and one of the proposed destinations in Asia a lump sum of € 800
      • For Israel a lump sum of € 600
    • Lump sum of €1000 per month for a maximum of three months to cover extra costs of the stay abroad

Eligibility Criteria

  • Applications from legal entities established in one of the following countries are eligible:
    • EU Member States
  • Several applicants, submitting a joint proposal should choose within their midst a lead organisation, referred to as the coordinator.
  • The coordinator and other applicants must satisfy the same eligibility criteria.
    • Applications must be submitted by a legal person.
    • Applicants must correspond to the definition, of the following target organisations :
      • Public entities responsible for or active in the fields of economic affairs, enterprise, business support or related issues;
      • Chambers of commerce and industry, chambers of handicrafts or similar bodies;
      • Business support organisations, start-up centres, incubators, technology parks, etc.;
      • Business associations and business support networks;
      • Public and private entities offering business support services;
    • Corporate bodies must be properly constituted and registered under the law. If a body or organisation is not constituted under the law, a physical person must be designated to provide the legal responsibility.
    • Legal entities having a legal or capital link with applicants, which is neither limited to the action nor established for the sole purpose of its implementation, may take part in the action as affiliated entities, and may declare eligible costs. For that purpose, applicants shall identify such affiliated entities in the application form. The affiliated entities will have to comply with the eligibility and exclusion criteria.
    • Several entities that form together one entity, whether or not this entity is established for the purpose of implementing the action, may apply as a sole beneficiary. The entities will be considered as affiliated entities, which each will have to comply with eligibility, exclusion and selection criteria.

How to Apply

Interested applicants can apply online via given website.

Eligible Countries: Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, UK.

For more information, please visit Erasmus for Young Entrepreneurs.

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