Become a successful entrepreneur Erasmus Project

Project Title

Become a successful entrepreneur

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 2014

Project Topics

This project is related with these Project Topics: New innovative curricula/educational methods/development of training courses; Entrepreneurial learning – entrepreneurship education

Project Summary

During this difficult period of the financial crisis, one of the most affected groups is the young generation which is now facing the major problem of youth unemployment.
Resolving the unemployment crisis and providing access for the entry of youth in the labour market has become a global challenge and one of the top priorities on the development agenda in many countries. It is widely acknowledged that entrepreneurship can contribute positively to economic growth by promoting job creation and youth employment.
Through this project we will aim at promoting entrepreneurship awareness and reinforcing entrepreneurial education in third level education. Our objective is to enhance knowledge, skills and resources, by encouraging the development of new approaches to entrepreneurial education, so as to improve the quality of education and training on higher education level. Investing in entrepreneurial education will foster entrepreneurial mindsets and will provide young people with the necessary entrepreneurial training and experience of how to start a company and run it successfully.
The project is developed in two Member States and consists of four main partners and two associated partner. The applicant partner is the M.C Institute of Public Relations in Cyprus (MCIPR) active in the field of designing and offering professional oriented education and training in the areas of business and social communication, public relations and entrepreneurial behavior. The second partner, Kalys Solutions LTD, a private company in Cyprus, active in the field of consulting on available funding and on business planning. It was considered of utmost importance to involve Higher Education Institutions in this Partnership in an effort to connect higher education with the business sector. Therefore, the University of Thessaly and the Department of Computer Science of the University of Cyprus were also included in the partnership.
The BaSE project aims in encouraging the use of digital education and promotes the use of ICT and is expected to increase experience of entrepreneurial education and awareness among the participants, participating organizations, stakeholders and decision makers, at national, local and European Level.
The dedicated platform consists an Open Education and Resource Tool which serves as a tool for training purposes in the project and will give the opportunity to individuals to use it, in order to have an initial experience in the entrepreneurial. The simulation game developed, which is available online via the aforementioned platform, will provide an innovative and attractive tool to train basic entrepreneurial skills in order to prepare them with regards with several scenarios on what they would possibly face should they wish to start their own business. In addition, the use of the simulation game will enhance their employability and enable them to think of an entrepreneurial career in a better planned and structured way.

The overall expected impact of the BaSE project is to advance entrepreneurial learning and education and provide a greater understanding of the interconnections of formal, non-formal, vocational training and the labour market towards the goal advancing entrepreneurship.

EU Grant (Eur)

Funding of the project from EU: 137052 Eur

Project Coordinator

M.C. INSTITUTE OF PUBLIC RELATIONS (CYPRUS) LTD & Country: CY

Project Partners

• PANEPISTIMIO THESSALIAS
• Kalys Solutions Ltd
• UNIVERSITY OF CYPRUS