Experienced Entrepreneurs

Who can participate

An aspiring entrepreneur can be considered host entrepreneur if:·

• He is a permanent resident in one of the Participating Countries;
• He is the owner-manager of a small or medium enterprise OR a person directly involved in entrepreneurship at SME board level;
• He has been running a company for more than 3 years;
• He is willing to share your knowledge and experience with a new entrepreneur and act as a mentor.

Benefits for host entrepreneurs

As a host entrepreneur participating in the program, you will benefit from the exchange by having the opportunity to:

• Work with an energetic and motivated new entrepreneur who can contribute to your business with innovative views, new skills and knowledge;
• Benefit from a "fresh eye" on your business, and specialized knowledge that the new entrepreneur may have and that you do not master;
• Act as a coach or mentor;
• Learn about foreign markets, expand your business opportunities and engage in cross-border activities;
• Interact with entrepreneurs from other Participating Countries and get opportunities to collaborate with them;
• Network and build strong relationships, which can be useful for mutual consulting, business referrals, and for finding business partners abroad;
• Improve your language skills;
• The large majority of most entrepreneurs enjoyed the experience so much that they decided to host other new entrepreneurs afterwards!

Discover the benefits experienced by the host entrepreneurs in the Erasmus success stories for Young Entrepreneurs.

Activities and responsibilities

As a participant host entrepreneur in the Erasmus for Young Entrepreneurs program, you will be expected to fulfill the following tasks and responsibilities:

• You must ensure the high quality of the learning experience and overall working relationship with your new entrepreneur, who must gain insight to help ensure a viable business start up;
• You are asked to sign a “Commitment to Quality” document, which ensures the smooth working relationship with the new entrepreneur. Among others, it sets out the objectives of the stay and a proposed plan of activities during the stay;