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New Entrepreneurs
A way to undertake in company and with international reach
Characteristics
What the programme consists of
Requirements
What you need to know to participate
Destinations
Know the catalog of destinations
Frequently asked questions
Center of doubts and queries
Beyond EYE
More global destinations
Participate
Make your stay!
Benefits
Everything the program brings you
Entrepreneurship with international reach
Erasmus for Young Entrepreneurs (or Erasmus for Young Entrepreneurs) is the European program that will help you test your new venture thanks to a funded stay abroad to receive support and accompaniment from another experienced entrepreneur. You choose the time, from 1 to 6 months, and the destination, with dozens of countries to choose from.
Monthly financial support*
More than 35 destinations available
Boost your entrepreneurship with funded stays in dozens of countries, inside and outside Europe
From 1 to 6 months stay
You can define from the first moment how long you want your stay to last. If it is a European destination it can be from 1 to 6 months. For Beyond EYE destinations, the duration is 1 to 3 months.
* Financial aid may vary depending on origin and destination. However, people residing in the Canary Islands get the maximum amount of €1,200 per month for European and global destinations.
Choose your destination and start
Italy
Germany
Ireland
Go Beyond!
Beyond EYE expands the destinations of Erasmus for Young Entrepreneurs, allowing you to make your stays from 1 to 3 months with a grant of between € 1,050 and € 1,200 per month in the following destinations.
Our destinations Beyond
United Kingdom
An economic partner close to the European Union and a strategic partnership that continues over time
1.100€ per month
Canada
With its vibrant and diverse entrepreneurial ecosystem, it is the perfect destination to innovate in clean energy, AI and social science, etc.
1.050€ per month
Singapore
Your bridge to Asia. Singapore's strategic location and system to expand into new and emerging markets
1,150€ per month
United States
Silicon Valley Home and a Key Global Actor for Innovation and Technology Brings Key Opportunities for Entrepreneurial Growth
1,200€ per month
Stories to go Beyond
Accompaniment and flexibility, two keys to Inês' experience in Singapore
In the initial phase of his business project, Inês Soares missed the accompaniment and experience of that person who, with years of experience, can advise you on those hesitant first...
Carving out your future: the case of Roc and Paddy
The artisan work of wood does not succumb to the weight of industrialization. At just thirty-two years old, Paddy Hall is the example of this. This young 'host' from the UK continues...
For all people, no matter their age
Mentoring
Benefit from the opportunity to learn from your host, with whom you will collaborate and discover in practice how your business model works.
Competitiveness
Make a competitive difference by strengthening your project through a stay with which to test and learn from other people.
Connection
Connect with other entrepreneurs abroad and establish strategic contacts to start or, later, grow.
International cooperation
Open the door to a venture with an international accent thanks to cooperations that will help you go as far as you want.
Financial support
The project will provide you with monthly financial support so that you only worry about enjoying your stay and learning to bring your idea to life.
Relevance
Our program, an initiative funded and supported by the European Union, will provide you with prestige, visibility and media relevance.
Conditions for participation
Want to undertake
You must be an enterprising person who is seriously thinking about starting a business. Or you have already launched your business in the last three years and not exceed those three years of experience. There is no age limit.
Having an Entrepreneurship Idea
When you sign up, you will need to have a specific project or business idea, included in a business plan that you can implement or continue to develop.
Support your host
Once you start your stay, you will have to be able to contribute to the development of the business of the company you choose and welcome you.
Demonstrate commitment
Demonstrate your motivation and commitment to start a business relationship with an experienced company from another European Union country or countries associated with the program.
Residing in the European Union
It is essential that you reside regularly in one of the countries of the European Union. In fact, if you are from the Canary Islands, keep in mind that you will be able to opt for the highest amount of monthly financing so that you can make your stay comfortably.
Additional costs
You must be able to cover the costs of your stay abroad that exceed the European Union subsidy you receive. We recommend that you take this into account when choosing the duration of your stay.
Are you asking questions? Here you have answers
What should I include in my business plan?
The document follows a standardized pattern, like any other business plan. In particular, you must include the description of the product or service, the cyclical analysis, a financial plan, the SWOT. We encourage you to include values and express your social and environmental commitment through a corporate social responsibility strategy.
How long do the stays last?
It all depends on fate. Exchanges to European countries last from 1 to 6 months. Beyond EYE exchanges will last from 1 to 3 months.
Can I change the length of my stay once it starts?
Yes, it is possible to advance the completion of your stay once it has begun. However, we encourage you to consider how far you will want to go with your project to best adjust the length of stay from the beginning.
How do I choose my host company?
The most common is that, once you complete your registration, you access the Erasmus for Young Entrepreneurs programme database. There you will know which companies are welcoming new entrepreneurs. You can choose the one you are interested in and contact her to see if it is possible to ‘match’.
In what language are the stays made?
The bridge language will always be English. However, you can communicate in the local language if you already know it or want to learn it. In fact, it's the best way to get to know the local culture!
Is there a deadline to apply for a stay?
No, there is no deadline to apply for your stay. You can apply to the program at any time, however, you must remember that at the time of making the application you may not have completed more than 3 years of experience as a self-employed person or businesswoman.
What is the amount of financial aid I can receive?
It all depends on fate. However, if you are from the Canary Islands, as this is an outermost region of the European Union, you will receive the maximum amount for any European country, €1,200 per month. For Beyond EYE destinations, the amount will be from €1,050 to €1,200 per month and function of the destination.
We make it easy for you
Step 1
Prepare your CV in English
We recommend that you use the format Europass. Fill it in with as much information as possible to make the perfect match. Keep in mind that this information will be your welcome letter both for our team and for foreign companies that can welcome you or that you want them to do so.
Step 2
Shape your business plan
If you want to undertake, you may have the business idea. Now you must translate it in the most detailed way possible in your business plan. It describes the product, performs the cyclical analysis, provides a financial plan, prepares the SWOT, taking into account sustainability and digitalization. You can apply for support at the Chambers of Commerce.
Step 3
Send us everything
Send us the above documentation to eye@itccanarias.org and we will start processing your application. We'll help you take the next steps or perfect your application.
Step 4
Review and formalization
We will review your application and, if it is correct, you must fill out the application in the official form of the European program. In this step, we will tell you, you must select the Technological Institute of the Canary Islands (ITC) as your IO or Intermediate Office, so that we can manage your stay.
Step 5
We're getting going!
Once you have successfully registered, you will be able to explore ‘hosts’ profiles and vice versa. Explore, consult and identify a profile that is of interest to you. When everything is ready, we can arrange a first contact. If all goes well, it will only be left to formalize the agreement and create a consensual work plan.