Success stories

Recent testimonies of successful business networking - Erasmus for Young Entrepreneurs programme





New entrepreneur:
Syed Mohammad Walid (Netherlands)

Company name: Predict your future self (Start-up)
Sector of activity: Health, beauty and social services


I gained valuable experience through the program. I really appreciate the insight and knowledge that the owner shared with me regarding business development. The experience helps me to develop a clear perspective of the business world and also inspired me to work relentlessly to achieve my goals.


Host entrepreneur:
Matthew Rizzo (Malta)

Company name: Inscope
Sector of activity: IT, office and communication equipment, services and supplies

‘The EYE program is a great initiative for all entrepreneurs. Not only are we able to offer entrepreneurs a chance to work with professionals, but also assisting them to take theory and put it into practice. I am proud to have worked with Syed as I feel that we both benefited from this experience.’


Period of exchange: 01/2021 until 04/2021
Duration of exchange: 13 weeks

 

Business sector of the exchange

 

IT office and communication equipment services and supplies

 

Matthew is a highly-qualified successful entrepreneur from Malta who has been running his business for the last four years. He is the co-founder of two software companies called Cleverbit Software and InScope Limited which were founded in 2016 and 2017 respectively. Matthew found out about the programme and was interested to participate in the hopes of further internationalizing their product with the assistance of Syed. Syed having completed his degree in Business administration followed by an MBA in Digital Economy expressed interest in the programme in order to have the opportunity to learn from experienced entrepreneurs who are running similar types of business in other countries. Syed wanted to hone in his skills and get more valuable feedback from the experienced entrepreneur.


During the exchange Matthew trained Syed to understand the design of his product so that he could suggest ways to expand Matthew’s business into new countries by doing gap analysis of their product. Matthew also got new inputs and ideas from Syed which are identified by the gap analysis. Syed got to learn about the risk based customer classification method used in Matthew’s software/product which he could later apply on his health start-up "Predict your future self”.

Both Matthew and Syed benefited from this programme. The programme gave Syed the chance to gain valuable experience for his own start-up. It enabled him to get first-hand practical coaching from Matthew who always encouraged Syed to identify areas from this work experience that would help him in his development so that he would be better equipped in reaching his goals. Matthew also appreciated having Syed who assisted him in doing research and provided further understanding on how a product could be internationalised - researching gaps countries and demographics. The exchange was enjoyable fruitful and enlightening for both Syed and Matthew.






For more information, please contact the local contact points involved in the exchange:

New entrepreneur's contact point:
Van Der Vielt Evidence Based Training (Lierop)

Host entrepreneur's contact point:
Malta Enterprise (San Gwann)

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