Euractiv reports that the European Commission has just approved a plan to enable 870 young entrepreneurs to spend between one and six months in another EU member state in 2010. Entrepreneurs will be paid up to €1,100 per month to move to other EU countries to learn from experienced business owners.
“The project is similar to the long-running Erasmus programme which allows students to spend a year studying abroad,” said Maive Rute, Director for Promotion of SMEs’ competitiveness, quoted in Euractiv. “51% of young Europeans would be interested to follow an entrepreneurial route, but too few of them put their ambitions into practice,” she said.
I can’t help but asking: will this program actually stimulate entrepreneurship?
Continue reading ‘Erasmus for Entrepreneurs’

