Erasmus for young entrepreneurs

Torino – 6th November 2015 Emiliano Iannone

ExageThe European Xperience Accelerator for Green

Business and Eco-Entrepreneurship

Erasmus for young entrepreneur: What is it?

Opportunity to develop European enterprises

European Commission programme - DG GROWTHInternational mobility

Know-how exchange

Some data about the programme

- Italy: 2° destination Country

- Started in 2009

- More than 3000 exchanges implemented- 1/3 participants are women

THE EXCHANGE

NEW ENTREPRENEUR HOST ENTREPRENEUR

COOPERATION

COLLABORATION

Fresh ideas Experience

Who is the “New Entrepreneur”?

NB: There are not age limits!

- a “would-be” entrepreneur, firmly planning to start a business- an entrepreneur having started his own business within the last 3 years

- an entrepreneur legal resident in European Union or in a participant Country

Who is the “Host Entrepreneur”?

- an entrepreneur willing to share knowledge and experience with a new entrepreneur and act as a mentor

- owner/manager of a small or medium enterprise

- an experienced entrepreneur who has been running his business for more than 3 years

- an entrepreneur legal resident in European Union or in a participant Country

Benefits for the New Entrepreneur

- Providers, clients and co-venturing opportunities

- Get a practical experience

- Advice from experienced entrepreneur

- Get contacts and knowledge about foreign markets

Benefits for the Host Entrepreneurs

- Knowledge about foreign markets

- Access new skills and knowledge

- Work with a fresh mind with new ideas

- Opportunity to establish a new business partnership in another country

The role of Turin Chamber of commerce

To provide financial support

It is an intermediary organisation of the programme

It is the local contact point for the entrepreneur (New and Host)

To support the participants in all the exchange phases

To assess the application forms

Project

It’s a project within “Erasmus for young entrepreneurs” programme

It’s the result of a cooperation between 8 organisation in 5 European Countries

It has a special focus towards the “green” sector (sustainable growth, green commerce, energy efficiency , etc..)

Exage partners

Exage’s numbers/1

50% exchanges in the “green” sector

15 financial contribution for New entrepreneurs

10 exchanges with local Host Entrpreneurs

2 months average duration of the exchanges

Exage’s numbers/2

37 Countries involved (28 UE + Albania, Macedonia, Iceland, Israel, Serbia, Montenegro, Norway, Turkey, Liechtenstein)

From min 530€ (for Albania) up to max 1100€ (for Norway) amount of the monthly financial assistance

5 Countries partners: France, Spain, Portugal, Romania and United Kingdom

The monthly financial assistance

Only the New Entrepreneur receive it. The Host entrepreneurs have not to pay anything

It covers international travel costs, food and lodging, local transportation and insurance

Before departure the New Entrepreneur receive a first payment

How can I participate?

You have to fill the online application at : www.erasmus-

entrepreneurs.eu and choose one IO (intermediary organisation) (e.g. Turin Chamber of commerce)

New Entrepreneurs should upload a CV and a Business Plan

NB: It’s essential to communicate in English language

Host Entrepreneurs should upload only a CV that describes the entrepreneurial experience and the products and services offered

The process

Step 1: Application

Step 2: Matching

Step 4: Implementation of the exchange

Step 3: Commitment and financial agreement

Emiliano Iannone

e.iannone@to.camcom.itTel: 011 5716352

www.erasmus-entrepreneurs.euwww.to.camcom.it/exage www.joinexage.com

Step 1: Assessing the application form

The application form is assessed by the Intermediary Organisation through:

- The Analysis of the motivation, the CV and the Business Plan (only for NE)

- Interview in the office or video conference

Step 1: Assessing the application form

The assessing criteria's for New Entrepreneurs are:

- Clarity and completeness of the information provided

- Strong motivation and coherence with the entrepreneurial project

- Formal criteria

Step 1: Assessing the application form

The assessing criteria's for Host entrepreneurs are:

- Significant entrepreneurial experience

- Strong motivation to cooperation and sharing

- A clear business strategy

- Formal criteria

Step 2: Matching

It’s the meeting between:

New Entrepreneur andHost Entrepreneur

Step 2: Il Matching

The meeting between New and Host entrepreneurs can happen:

- Facilitate by the intermediate organisations

- Out of the programme

- Through the IT Tool of the programme

NB: Exchanges between entrepreneurs with previous relationships are not allowed

Step 3: Commitment and agreement

Step 3: Commitment and agreement

The committment describes the objectives to achieve, the planned activities and the expected results

New Entrepreneurs and the intermediary organisation sign a financial agreement for the monthly financial supportBefore the departure, the New entrepreneurs participate to a training course and receive the first payment

All the actors involve contribute to make it and to approve it

Step 4: Implementation of the exchange

Step 4: Implementation of the exchange

During the exchange the entrepreneurs receive support and assistence by the intermediate organisation

At the end of the exchange New and Host entrepreneurs fill an online evaluation questionnaire

Entrepreneurs involved send a monthly report to the Intermediary organisations about the implementation of the exchange