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The exchange in practice
How does the exchange process work?
The process comprises the following four phases:
1. Application
Whether you are a new or experienced entrepreneur, you can participate by applying via the on-line registration tool. At this stage, you will also need
to contact an intermediary organisation of your choice. This local contact
point will be responsible for verifying your application, and if all
requirements are met, accepting it.
2. Matching
Once your application has been accepted, you will have access to an on-line
database of new and host entrepreneurs also participating in the programme. To
find a suitable partner for the exchange, you can make up to 5 proposals from
this database. Your local contact point is responsible for facilitating contact
between entrepreneurs and they will help you look for a partner.
3. Commitment and preparation
The parties involved
(i.e. new entrepreneur, host entrepreneur and their responsible local contact
points) draft a "Commitment to Quality” consisting of a description of the
work/learning project, tasks, responsibilities, deliverables, financial
conditions and legal implications of the exchange. The local contact points
also organise activities such as trainings to prepare the new entrepreneur for
the exchange.
4. Implementation phase
You complete the exchange, in one or more time slots in accordance to your
needs (see below) and will be asked to fill a feedback form. The responsible local
contact points will monitor the quality of the activity and evaluate the
results.
Length of the cross-border co-operation
The stay abroad may vary between one and six months and must be completed within an overall time span of twelve months. Within this time span, the stay may be divided into a number of shorter time slots (minimum one week per slot), which the new entrepreneur will spend abroad with the host entrepreneur.
