Erasmus for Young Entrepreneurs Nuove frontiere e opportunit
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Erasmus for Young Entrepreneurs Nuove frontiere e opportunità per imprese responsabili e innovazione sociale Innovation square Rimini 13 settembre 2016
An exchange between 2 entrepreneurs • New Entrepreneurs – Less than 3 years of activity or in development – Need entrepreneurial skills and/or a knowledge of the European market – Want to develop an international network • Host Entrepreneurs – Founder or manager of a SME since at least 3 years – Wish to share his/her entrepreneurial experience – Want a new regard on his/her company and develop an international network
How does it work? • Both of the entrepreneurs apply on the Erasmus for Young Entrepreneur platform • www. erasmus-entrepreneurs. eu • They each choose an Intermediary Organization who will be their contact for the application process and during the lenght of the exchange • The Intermediary Organizations will assess the application, propose relationship, manage the contract/commitment and the financial assistance for the New Entrepreneur
How does it work? • The New Entrepreneur spend 1 to 6 months besides an experienced entrepreneur in another European country. The programme ends in January 2017. • Both of the Entrepreneurs are supported technically ; and financially for the New Entrepreneur, by his/her Intermediary Organization and the European Commission • The Intermediary Organization will evaluate the outcomes of the exchange
How to participate STEP 1: Online application www. erasmus-entrepreneurs. eu STEP 2: Searching & Matching STEP 3: Contracting and preparation STEP 4: Stay abroad STEP 5: Feedback
STEP 1: Online application www. erasmus-entrepreneurs. eu • NE definition: would-be NE firmly planning to start their own business; NE running their own business for less than 3 years. • Participation criteria: substantiated and clear business plan, with description of product / service to be offered; market analysis (target, competitors, marketing and sales plan); financial plan (estimated expenses and income in the following 2 years and break-even analysis).
STEP 2: Searching & Matching • A suitable business partner for Nes can be found in a number of different ways by: direct search in the online catalogue (for sector, country, languages, duration); the matchmaking tool; preexisting matches; specific searches by directly contacting other Ios.
STEP 3: Contracting and preparation • Initiating a relationship means proposing a relationship and drafting the Commitment (may take up to 2 months). • Nes can propose up to 5 relationships at the same time; direct contact between Ne and Host Entrepreneur is strongly recommended before confirming the final match. • The NIO (intermediary organisation for the NE) is in charge of drafting the Commitment with the imputs from NE and HE: the document establishes objectives of the exchange, activity plan, responsibilities, expected outcomes, duration, planned start, end dates, etc.
• Lenght of stay: minimum 1 month maximum 6 months. End of the programme by January 2017 (by this date the exchange has to be finished). • Agreement for financial support to NE: payment of monthly lump sums (pre-defined per country); to cover all necessary expenses (travel, accommodation and subsistence). • Pre-departure induction course for NE: information on internal market, law issues, support services. • Pre-departure training course for NE: Business negotiations; Business plan; E-business; HR Management; Interpersonal skills; Marketing; Social economy entities; Strategic management.
STEP 4: Stay abroad • Fragmented stay: NE and HE may agree that the stay abroad should be completed in multiple periods of at least one week each. • Extension of an exchange: allowed with an ongoing relationship and if all actors remain the same. (max. 6 months). • On-site support (local assistance and Welcome Pack) and monitoring of relationships (activity report) by Host IO.
STEP 5: Feedback • Evaluation of exchange by entrepreneurs (both NE and HE) after completion of the period abroad: an on-line final activity report (feedback questionnaire). • Validation of exchange: feedback evaluation, to assess if the relationship has been successful. • Exchange completed: validation by HIO and NIO.
Indaco If you want more information or if you want to get involved in this programme, a project manager is available to answer you and support your application. Contacts : Eleonora Redolfi project@indaco. coop Via Sirolo, 24 - Pesaro 0721 23035
Erasmus for Young Entrepreneurs www. erasmus-entrepreneurs. eu Merci! Grazie! D’akujem! Gracias! Thank you! Dziękuję!
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