Programme Category
Programme Name
Programme Description
The Single Market Programme (SMP) covers the single market, competitiveness of enterprises, including small and medium-sized enterprises, the area of plants, animals, food and feed, and European statistics. Specifically, the programme brings together aspects in order to streamline, exploit synergies and provide a better flexible, transparent, simplified and agile framework to finance activities aiming at a well-functioning sustainable internal market.
Identifier Code
Call
Summary
Erasmus for Young Entrepreneurs is a cross-border exchange programme which gives new or aspiring entrepreneurs the chance to learn from experienced entrepreneurs running small businesses in other participating countries, while giving experienced entrepreneurs access to innovative ideas and new partner markets.
Detailed Call Description
The purpose of this call for proposals is to select Intermediary Organisations (IOs) to implement the Erasmus for Young Entrepreneurs programme at local level. They will in particular recruit the entrepreneurs and assist them to benefit from the programme. This call for proposals will therefore support actions of organisations enhancing and facilitating the exchanges between new and host entrepreneurs. The call is not targeted directly at entrepreneurs willing to participate in an EYE exchange. Interested entrepreneurs must contact the selected IOs currently implementing the programme.
The specific objectives of this call for proposals are:
- To provide on-the-job-training for new entrepreneurs from SMP participating countries with established host entrepreneurs in small and medium-sized enterprises abroad in the participating countries in order to facilitate a successful start-up, and development of their business ideas;
- To foster sharing of experience and information between entrepreneurs on the obstacles and challenges of starting up and developing their businesses;
- To enhance market access and identification of potential partners for new and established entrepreneurs in other participating countries;
- To support networking between entrepreneurs from different participating countries by building on knowledge and experience;
- To contribute to fostering the creation of sustainable, digital and resilient businesses.
Call Total Budget
Financing percentage by EU or other bodies / Level of Subsidy or Loan
Maximum grant amount: €1.000.000
This does not however preclude the submission/selection of proposals requesting other amounts. At least 50% of the estimated maximum grant must be reserved for financial support to third parties, i.e. new entrepreneurs.
The grant will be a budget-based mixed actual cost grant (actual costs, with unit cost and flat-rate elements). The costs will be reimbursed at the funding rates fixed in the Grant Agreement (100% for the costs for providing financial support to third parties, i.e., new entrepreneurs, and 75% for all other cost categories).
Projects are expected to last 36 months. They must start on 01/02/2025 and are expected to end on 31/01/2028.
Thematic Categories
- Education and training
- New Entrepreneurship
- Youth
Eligibility for Participation
- Chambers
- Educational Institutions
- Legal Entities
- Private Bodies
- Small and Medium Enterprises (SMEs)
- State-owned Enterprises
- Training Centres
Eligibility For Participation Notes
In order to be eligible, the applicants (beneficiaries and affiliated entities) must:
- be legal entities (public or private bodies)
- be established in one of the eligible countries, i.e.:
- EU Member States (including overseas countries and territories (OCTs)
- non-EU countries:
- listed EEA countries and countries associated to the Single Market Programme or countries which are in ongoing negotiations for an association agreement and where the agreement enters into force before grant signature (list of participating countries)
Applicants may be, for instance:
- 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 (handi)crafts 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
- Institutes of (higher) education such as universities or institutes for vocational education and training.
Applicants may be, for instance (the list is non-exhaustive):
- 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 (handi)crafts 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
- Institutes of (higher) education such as universities or institutes for vocational education and training
Consortium composition
Proposals must be submitted by a consortium composed of minimum 5 to maximum 8 applicants (beneficiaries; not affiliated entities), which complies with the following conditions:
- from minimum 4 different eligible countries
- maximum 2 applicants can be from the same country
- the consortium leader must have at least 2 years of experience in implementing the EYE programme.
At the time of the project start (fixed project starting date: 1 February 2025) applicants may not implement more than two (2) EYE grants, under different cycles, at the same time.
Call Opening Date
Call Closing Date
National Contact Point(s)
Ministry of Energy, Trade and Industry
Industry and Technology Service
Address: 1421, Nicosia, Cyprus
Email: sit@meci.gov.cy
Contact Person:
Spyros Triantaphyllidis
Telephone: 22867333
Email: striantafyllides@meci.gov.cy
EU Contact Point
For help related to this call, please contact: EISMEA-SMP-COSME-ENQUIRIES@ec.europa.eu