21 November 2016
Introducing the European exchange programme for new entrepreneurs
The Business & IP Centre in London has a wealth of information on European markets, economic and trading conditions, and best practice to help your business.
Now we are helping entrepreneurs benefit from the experience of people working in European countries through the Erasmus for Young Entrepreneur Programme. This organises exchanges between new and aspiring entrepreneurs (of any age) and experienced host businesses.
If you are a new entrepreneur you will benefit from the experience of working for up to six months in another European country with a grant paid by the European Commission. There are also benefits to a host businesses as they will bring in new skills, experience and to learn more about another market.
The Erasmus for Young Entrepreneur Programme has been running for a number of years now. But the Business & IP Centre has recently become much more directly involved. We are part of a consortium called Columbus 8 which includes partners from: Italy, Finland, France, Spain, Croatia, Slovenia and Hungary.
Columbus 8 partners
Benefits for new entrepreneurs
As a new entrepreneur, you will benefit from on-the-job training in a small or medium-sized enterprise elsewhere in the Participating Countries. This will help in the successful start of your business or strengthen your new enterprise. You can also benefit from access to new markets, international cooperation and potential possibilities for collaboration with business partners abroad.
Benefits for host entrepreneurs
As a host entrepreneur, you can benefit from fresh ideas from a motivated new entrepreneur in your business area. They may have specialised skills or knowledge which could complement yours. Most host entrepreneurs enjoyed the experience so much that they decide to host other new entrepreneurs afterwards.
It is a collaboration where both of you can discover new European markets or, different ways of doing business. In the longer-term, you will benefit from wide networking opportunities and possibly continue your collaboration as long-term business partners.