It contributes to improving their know-how and fosters cross-border transfers of knowledge and experience between entrepreneurs. For more information, please visit  https://www.erasmus-entrepreneurs.eu/.
“Erasmus for Young Entrepreneurs” program is now available for the Armenian young entrepreneurs due to Armenia’s accession to the COSME program since 2016.

The SME DNC of Armenia has been selected by the European Commission as a contact point to guide entrepreneurs throughout exchange program: providing help with the application and with the establishment of a successful relationship with a suitable entrepreneur. SME DNC of Armenia participates in the project within a consortium comprised of 10 companies representing 9 countries (Armenia, Spain, Italy, France, Germany, Poland, Hungary, Slovakia, Belgium).

The Framework Partnership Agreement is signed for 2017-2021. At present the project for 2017-2018 is in implementation phase. 

Actions in Brief

Erasmus for Young Entrepreneurs helps provide aspiring entrepreneurs with the skills necessary to start and/or successfully run a small business. New entrepreneurs gather and exchange knowledge and business ideas with an experienced entrepreneur, with whom they stay and collaborate for a period of 1 to 6 months. The stay is partly financed by the European Commission.

­­Who can participate

New entrepreneurs if: 

• Young entrepreneurs who are firmly planning to start a business, based on a viable business plan;
• Start-up businesses established within the last 3 years.

Host entrepreneurs if:

• Manager of an SME runs a company for more than 3 years;
• There is a strong willingness to share knowledge and experience with a new entrepreneur and act as a mentor.

How to participate

New and experienced entrepreneurs who are willing to take part in the entrepreneurs exchange program should apply via the tool and choose their preferred local contact point. An application may be submitted by the following link: http://www.erasmus-entrepreneurs.eu/page.php?pid=051#.UpN_78Ssh8E.

Duration:                                01/02/2017 – 31/01/2019 (24 months)

Total Project Budget:           EUR 123,991.0

EU Contribution:                    EUR 114,593.0

Location:                                Republic of Armenia

Implementing Partner:       Fund “Small and Medium Entrepreneurship Development National Centre of Armenia” (SME DNC)