New Erasmus programme for early-stage entrepreneurs

Calling all would-be entrepreneurs: grants of up to €6,600 are available to go abroad and learn the ropes from an experienced professional.

Under an initiative launched today, entrepreneurs intending to start a company or having just started one, can get first-hand, practical coaching from an experienced entrepreneur from another country, by working alongside him or her for one to six months.

The “Erasmus for Young Entrepreneurs” business exchange programme is open to anyone between the ages of 18 and 65, with around 30 grants up for grabs before February 2016.

Successful applicants receive a grant from the European Union for their stay abroad.

Since 2009, more than 1,600 exchanges have been organised under the programme, with some 3,200 businesses having been created or expanded.

Entrepreneurs interested in the programme should contact Dublin Chamber of Commerce or Local Enterprise Office Dun Laoghaire-Rathdown who will help with the process.

“Erasmus for Young Entrepreneurs is a fantastic initiative that will give participants a unique opportunity to learn from experienced colleagues so that their business ideas can become a reality,” Dublin Chamber’s Aebhric McGibney said.