We have this week hosted our first meeting on Erasmus for Entrepreneurs in collaboration with Koperativi Malta. The meeting proved highly interesting for the members who attended and after a significant request from those who did not make it, another one will be organised.
The programme can be of benefit to entrepreneurs who are already established and are interested in hosting another entrepreneur in their field, an established enterprise wanting to broaden its line of business by gaining first hand experience in a foreign company in its same line, and a new entrepreneur seeking experience by being hosted in an enterprise in his line of interest.
New Entrepreneur
Obtain a wider business experience from an established business
Develop international connections
Gain knowledge about foreign markets
Benefit from possible co-venturing opportunities
Gain insight in to different cultures & organisation settings
Gain knowledge about critical success factors, effective planning, financial and operational management, development of innovative products & services, successful sales & marketing practices
Host Entrepreneur
Have access to new skills and innovative ideas/knowledge
Work with a fresh mind contributing new ideas and views
Gain knowledge and intelligence about foreign markets
Have the opportunity to internationalisation the business
Explore the expansion of the business in a new country
Gain the possibility of networking in Europe
How does the programme work?
New Entrepreneurs or entrepreneurs seeking to widen the line of their business travel to another EU country and spend time working with an experienced entrepreneur in his enterprise.
The matching of the new entrepreneurs with the host entrepreneurs is carried out with the help of bodies coordinating the project. New entrepreneurs can however choose by themselves in which companies they want to be hosted.
Sufficient financial assistance will be granter for the travelling entrepreneur who would be travelling for a minimum of 1 month.