- How many times can new entrepreneurs participate? »
- EU outermost regions and OCTs »
- Can I start an exchange with a host company working in a different sector to mine? »
- Who grants the financial support to new entrepreneurs? »
- Must the new entrepreneur find additional funds for his/her stay abroad? »
Financial support to new entrepreneurs contributes to travel costs to and from the country of the stay and subsistence costs (in particular in terms of accommodation) during the visit but it is not foreseen to cover all costs.
Furthermore, it depends on the country of the exchange and may be affected by additional circumstances (for example, entrepreneur coming/going to outermost region).
Under no circumstances will the European Commission accept an amount higher than the set ceiling of € 1,100 for average monthly financial assistance paid to new entrepreneurs.
In the event where the financial grant is not enough to cover all expenses or in the unlikely case that other indirect costs exceed the set amount (e.g. company related expenses, insurance, social security etc.), the new entrepreneur must find other sources to cover such expenses.
Note that the financial support depends on the length of the stay- for example, for an exchange lasting 1.5 months, the total financial support that an entrepreneur will receive will be equal to 1.5 months of monthly lump sum for that country. - Are legal entity forms of no profit cultural associations (NGOs) eligible? »
- How can I find a host entrepreneur? »
- Can a new entrepreneur from Switzerland participate in the programme? »
- Can I participate in the programme as a new entrepreneur if I live outside the European Union? »
- Can I participate in the programme even though my country of residence has no intermediary organisation working on the programme? »
- Can an independent professional (for instance, a lawyer) apply as an entrepreneur in the programme? »
- Can a family member, who is planning to take over a family enterprise, participate in the programme as a new entrepreneur? »
- Can the new entrepreneur be part of a cooperative? »
- Can I participate in the programme if my business exceeds 3 years of existence during my stay abroad? »
An initiative of the