Academy for Youth StartUP Entrepreneurship Erasmus Project

Project Title

Academy for Youth StartUP Entrepreneurship

Project Key Action

This project related with these key action: Cooperation for innovation and the exchange of good practices

Project Action Type

This project related with this action type : Strategic Partnerships for youth

Project Call Year

This project’s Call Year is 2020

Project Topics

This project is related with these Project Topics: Entrepreneurial learning – entrepreneurship education; Social entrepreneurship / social innovation; Labour market issues incl. career guidance / youth unemployment

Project Summary

According to the European Commission, support for innovative startups will help the European Union catch up with the United States and take the lead in developing high-tech business projects. In addition, providing financial assistance to start-ups, right now when it is expected to face serious difficulties, will accelerate the economic recovery after COVID-19. Over the last year, the Commission has used all the tools at its disposal to help companies overcome the coronavirus crisis. The von der Leyen Commission’s strategy for the development of small and medium-sized enterprises (SMEs) in the European Union was recently presented. The main goal of the strategy is to open more than 1.2 billion euros of investment in startups this year by financing startups and scaleups – or an increase of more than 4 times than expected, according to the EC. Within the European Union, the Bulgarian startup ecosystem has developed extremely rapidly in recent years and now needs special measures to deal with the effects of coronavirus. 47% of Bulgarian start-ups offer world-class innovation, according to data from InnovationShip: the only national survey of innovative start-ups. At the end of March, a coalition of key organizations from the startup ecosystem sent an open letter to the Bulgarian government with proposals for immediate measures to support innovative SMEs in the start-up and active phase of development. BESCO, EDIT, Endeavor and BVCA are behind concrete proposals to help startups transition smoothly through the COVID-19 crisis and ensure their positive development and growth in the future.
In this regard, the project directly corresponds to the selected priority “Social Inclusion”, providing work with the target group – young people with interest and desire to create and develop a startup business in the countries of the partner organizations in the project. The project envisages an entrepreneurship academy, which will be based on a training program / business academy composed of seven interconnected training modules, in which experienced experts in various business fields and successful entrepreneurs pass on their knowledge, skills and experience through interactive teaching methods. The academy is specially designed for people with entrepreneurial ideas, start-up entrepreneurs, owners of micro and small businesses to provide them with the necessary resource of knowledge, practical skills and confidence to develop their ideas and turn them into successful business ventures, to find new jobs. places and contribute to the development of the local economy.

EU Grant (Eur)

Funding of the project from EU: 59620 Eur

Project Coordinator

STARTUP EUROPE & Country: BG

Project Partners

• Caterinox Endustriyel Mutfak Ekipmanlari Sanayi Ve Ticaret Ltd Sti
• Your Voice Enhanced