Erasmus for YoungErasmus for Young Enterpreneursp

An important opportunity forAn important opportunity for international startups

21.may.2011StartupCamp Bratislavap p

General objective• help EU entrepreneurs improve their experiences, learning and networkingnetworking

• spending periods of time in enterprises run by experiencedenterprises run by experienced entrepreneurs in other EU Member States

• to enhance the entrepreneurship, internationalisation and competitiveness of new and established microand established micro and small enterprises.

Keywords

• Startupinternational and competitive

Know how transfer• Know-how transferbetween entrepreneurs in the early stages and successful and experienced entrepreneurs

• Networkingf i i E SME

experienced entrepreneurs

of competitive European SMEs“innovation is not made alone”

Building relationship between two enterpreneurs

New Entrepreneurp

HostEntrepreneursp

Opportunities for HE• Work with a serious, committed and motivated NE without any cost;

• Access new skills and innovative knowledge provided by the NE;

• Gain knowledge about the NE’s domestic markets - includingdomestic markets - including business contacts – and opportunities to internationalise the business;

HostEntrepreneurs

business;

• Become part of a dynamic pan-Become part of a dynamic panEuropean business network of successful entrepreneurs

Opportunities for NE• Gain relevant start-up and SME management knowledge in various areas;

• Improve entrepreneurial experience through work on practical, concrete projects;

New Entrepreneur

projects;

• Gain knowledge about foreign markets and facilitate accessibility to them;and facilitate accessibility to them;

• Gain insights into a different cultural and i i l i / k l dorganisational setting/workplace and

understand how a company operates in another EU country;

Results of successful stories

Gain newprofessionalk l d

Get an anchor pointin europe for future b i

Know newmarkets

Possibilities to bring

knowledge

Learn how to

businesses

Get more mentaland culturePossibilities to bring

on collaboration afterErasmus

Learn how towork in a newlanguage

and culture flessibility

How to partecipate?

Requisites for HE• more than 3 years of activity

t i i f th 27• run an enterprise in one of the 27 EU Member States

• applying the EU definition of an SME

• the business can be in any sector.Host Entrepreneurs

category Head count Turnover or Balance sheet total

di i d 250 € 50 illi € 43 illimedium-sized < 250 ≤ € 50 million ≤ € 43 million

small < 50 ≤ € 10 million ≤ € 10 million

micro < 10 ≤ € 2 million ≤ € 2 million

Requisites for NE• have been running an own business for less than 3 years at the time of applicationapplication

• or have a project to run a business

New Entrepreneur• no age limits

• have a residence for more than 6 months in an EU Member State

• having a substantiated business plan

How to apply

www.erasmus-entrepreneurs.eu

After online application:

• Profile valuationI li Sl k Ch b f C l i f i fill d d iItalian-Slovak Chamber of Commerce values information filled during the application, with a particular attention to:

CVBusiness Plan

• Motivational interview• Motivational interview

Curriculum Vitae• Europass format

(english)• Europass format

• Personal informationPersonal information

• Work experiencesp

• Education and training

• Language skills

• Informatic skills

Business Plan

• company typology• description of products or services to be offered• market analysis (including the target market and sales plan)

tit l i• competitors analysis • logistic aspects• production planproduction plan • management team and consultant• risks analysis• financial plan (including estimated expenses and income of the following 2 years and a break even analysis)y

Matching with a suitable business partner1. direct search in the online catalogue using the available search

criteria (sector, country, languages and duration of the exchange);

2 pre-existing matches (i e HE and NE have already agreed on the2. pre existing matches (i.e. HE and NE have already agreed on the relationship before registering);

3. specific searches by directly contacting IOs in the desired target country;country;

Before starting a relationship

1. Write the activity plan within the other entrepreneur

2. NE has to sign with the Intermediary Organization an agreement to get the financial assistance

3. European Commission has to approve the relationship

4. During the developing of the relationship the Intermediary Organizations (IO) give support to entrepreneurs of their own country

5. Once the relationship has finished, entrepreneurs has to fill a final report

Duration of the stay abroadDuration of the stay abroad

• From 1 to 6 months

• Staying abroad period can be divided in “slots” ofbe divided in “slots” of minimum 1 week

• The relationship has to be completed in 12 months.

Credits

International entrepreneurs network and start-up:www.italo.sk

Business Plan:

www.startupweekend.org

www.alexosterwalder.comwww.italo.sk/2011/03/04/nastroj-pre-co-design-inovativnych-business-modelov

Europass CV:www.europass.cedefop.europa.eu

Images:Flickr | Danka Flickr | br1dotcom Flickr | exe prize Flickr | neliw attig Flickr | kicki

Your questions

ContactsTaliansko – Slovenská obchodná komoraCamera di Commercio Italo – SlovaccaMichalská 7 811 01 BratislavaMichalská 7, 811 01 Bratislava

Guglielmo Apollonig.apolloni@camitslovakia.sk skype | blapojrT +421 2 59103704M +421 944307710

www.erasmus-entrepreneurs.euwww.erasmus entrepreneurs.eu

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