1. Enterprise and Industry Directorate General
ERASMUS for Young Entrepreneurs
Concept & Roles
Marko Curavić
Head of Unit
Network Meeting – 28th-29th January 2010

2. Objectives and principles

3. What is the overall objective?
“.. to facilitate exchange of experiences, learning and networking for new EU entrepreneurs through periods spent at SMEs of experienced entrepreneurs in other EU Member States.”

4. What is the specific objective?
Fostering of
Entrepreneurship
Internationalisation
Competitiveness of start-up entrepreneurs and newly established SMEs in the EU

5. - a European level Support Office (SO) - 32 European Partnerships
European Commission
in cooperation with
- a European level Support Office (SO)
- 32 European Partnerships
- and 118 intermediary organisations (IOs)
at national / regional level
coordination
support
quality
matching
induction
1200
Host entrepreneurs in another EU Member State
1200
New entrepreneurs
1 – 6 months stay
This scheme tells at least three things:
There will be support for mobility of new entrepreneurs to existing entrepreneurs in another Member State. The stay should be between 1 and 6 months and can be done in a flexible way (min. 1 week within overall period of 1 year).
The matching of new entrepreneurs and existing entrepreneurs should be done by intermediary organisations working closely together with the Support Office and the Commission
There should be a mutual learning and exchange process between the new entrepreneurs and the existing entrepreneurs. Both should benefit from the activity
new entrepreneurs benefit in particular in terms of knowledge, training and exchange of experience
existing entrepreneurs/SME benefit in particular in terms of innovation transfer, partnership/networking and access to new markets
Both benefit in terms of inter-cultural learning.
Exchange of experiences, market access, networking, learning on the job

6. Roles & Methodology

7. Process model This scheme tells at least three things:
There will be support for mobility of new entrepreneurs to existing entrepreneurs in another Member State. The stay should be between 1 and 6 months and can be done in a flexible way (min. 1 week within overall period of 1 year).
The matching of new entrepreneurs and existing entrepreneurs should be done by intermediary organisations working closely together with the Support Office and the Commission
There should be a mutual learning and exchange process between the new entrepreneurs and the existing entrepreneurs. Both should benefit from the activity
new entrepreneurs benefit in particular in terms of knowledge, training and exchange of experience
existing entrepreneurs/SME benefit in particular in terms of innovation transfer, partnership/networking and access to new markets
Both benefit in terms of inter-cultural learning.

8. Relationship between IO, NE & HE
INTERMEDIARY BODY
FOR YOUNG
ENTREPRENEURS
FOR HOST
HOST
ENTREPRENEUR
YOUNG
Country A
Country B
This scheme tells at least three things:
There will be support for mobility of new entrepreneurs to existing entrepreneurs in another Member State. The stay should be between 1 and 6 months and can be done in a flexible way (min. 1 week within overall period of 1 year).
The matching of new entrepreneurs and existing entrepreneurs should be done by intermediary organisations working closely together with the Support Office and the Commission
There should be a mutual learning and exchange process between the new entrepreneurs and the existing entrepreneurs. Both should benefit from the activity
new entrepreneurs benefit in particular in terms of knowledge, training and exchange of experience
existing entrepreneurs/SME benefit in particular in terms of innovation transfer, partnership/networking and access to new markets
Both benefit in terms of inter-cultural learning.

9. Main Actors New entrepreneurs (NE) Host entrepreneurs (HE)
Intermediary organisations (IO)
European Partnerships (EP)
European level Support Office (SO)
European Commission (COM)
 Relationships

10. The potential benefits for NEs
Obtain a wider business experience from an established business;
Develop international connections and knowledge about foreign markets;
Benefit from possible co-venturing opportunities and the development of cross-border markets;
Gain insights into a different cultural and organisational setting/workplace;
Understand the regulatory framework in another EU country.

11. The potential benefits for HEs
Work with a NE who has strong analytical and strategic skills
Access new skills and innovative knowledge in the NE that an SME often does not have
Work with a young fresh mind contributing new ideas and views
Gain knowledge and intelligence about the foreign markets and an opportunity to internationalise the business;
Explore an expansion of the business to a new country;
Network with the other HEs as part of a dynamic European network of successful entrepreneurs.

12. Tasks for IOs Providing information to NEs
Promotion and searching for HE
Verification of applications from NEs and HEs
Pro-active matching of the relationships
Induction training for NEs in the country of origin
Management of commitments & agreements
Assistance on the practicalities /logistical support
Administering financial assistance
Ensuring high standards and evaluation feedback
Organising active networking amongst IOs and “alumni”
Reporting

13. Role of European Partnerships
Organise and execute successfully matched relationships each (of which 50 % with other partnerships)
Lead IO represents the partnership
Co-ordinate the administrative tasks for the IOs within the EP in particular the financial monitoring
Provides first level help and guidance on day-to-day operation to the IOs
Ensures quality, evaluation, reporting and active networking of all the IOs in the EP

14. Tasks of the Support Office
Coordinate marketing and promotion
Guidance and support to EPs/IOs
Coordination and animation
Operation of the central website
Development of online training material
Networking amongst IOs
Reporting and monitoring
Organising 3 Network Meetings in Brussels

15. Tasks of the European Commission
Creation and Design
Overall Coordination
Financial and Budgetary Administration
Contracts and Payments
IT Tools development and operation
Approval of individual relationships
Program Evaluation and Improvement
Future evolution

16. The 10 steps of a relationship
1. Applications from NE
2. Applications are checked by IO
3. HE states interest to participate
4. File is checked by IO
5. Matching of NE and HE by IOs
6. NE, HE and IOs establish agreements
7. NE does pre-departure induction
8. NE‘s IO deliver financial assistance
9. NE receives support from HE‘s IO
10. NE and IO submit reports

17. Financial framework parameters
Maximum EU grant per EP
€ 140,000
Maximum amounts that may be paid to NEs
€100,000 in total and €10,000 per each third party
Maximum amount to NE per month of staying with the HE
€ 1100
Maximum amount to European partnerships for each successfully matched relationship
€900 (of which €600 for EP of HE; €300 for EP of NE)
Maximum rate of expenditure for services to financial assistance paid to NEs
50%
Maximum amount to European partnerships for failed relationships
€560 (of which €280 for each EP involved)
The total budget of €2.85 million available for the call will be used to support around European partnership projects and 1 Support Office. The remaining €150,000 will be used for horizontal tasks such as the evaluation of project proposals, database development and promotion/visualisation.
The Commission’s grant for each selected European partnership will not more than €140,000 or 90% of eligible costs. The latter concerns expenses related to information, promotion, compiling applications, matching relationships, management of contracts, financial and logistical support to entrepreneurs etc.
The maximum financial support to individual new entrepreneurs who go abroad is limited to €1100 per month.
The maximum financial support European Partnerships can expect is €900 per successfully matched relationship.In case of an ‘inter-consortia relationship’ 2/3 of this amount goes to IO of the HE and 1/3 goes to the IO of the NE.
The EP’s expenditure for information, promotion, matching, induction, etc. is limited to 50% of the amount they paid to NE.
In case of a failed relationship EPs can expect a Commission support of max. €560. In case of an ‘inter-consortia relationship’ this is €280 for each participating EP.

18. Recommended amounts to NEs per month
Country where the HE stays
per month in €
Belgium, Spain, Germany, Luxembourg, Netherlands
830
Bulgaria, Romania, Lithuania
560
Czech Republic, Poland, Latvia, Slovakia
610
Denmark
1100
Estonia, Hungary
670
Ireland, United Kingdom
1000
Greece, Portugal, Cyprus
780
France, Italy, Austria
900
Malta, Slovenia
720
Finland, Sweden
950
The total budget of €2.85 million available for the call will be used to support around European partnership projects and 1 Support Office. The remaining €150,000 will be used for horizontal tasks such as the evaluation of project proposals, database development and promotion/visualisation.
The Commission’s grant for each selected European partnership will not more than €140,000 or 90% of eligible costs. The latter concerns expenses related to information, promotion, compiling applications, matching relationships, management of contracts, financial and logistical support to entrepreneurs etc.
The maximum financial support to individual new entrepreneurs who go abroad is limited to €1100 per month.
The maximum financial support European Partnerships can expect is €900 per successfully matched relationship.In case of an ‘inter-consortia relationship’ 2/3 of this amount goes to IO of the HE and 1/3 goes to the IO of the NE.
The EP’s expenditure for information, promotion, matching, induction, etc. is limited to 50% of the amount they paid to NE.
In case of a failed relationship EPs can expect a Commission support of max. €560. In case of an ‘inter-consortia relationship’ this is €280 for each participating EP.