Entrepreneurship Education for Youth Employment Erasmus Project

Project Title

Entrepreneurship Education for Youth Employment

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 : Capacity Building for youth in ACP countries, Latin America and Asia

Project Call Year

This project’s Call Year is 2018

Project Topics

This project is related with these Project Topics:

Project Summary

There are hundreds of young people in Nicaragua who have made the leap from self-employment to generating employment opportunities for others. They represent around 2.2% of the total youth population, according to the Nicaraguan Foundation for Economic and Social Development (Funides). Nevertheless, a 2013 study carried out in over 100 countries by Global Entrepreneurship Monitor places Nicaragua and Venezuela last on the list of Latin American countries that foster business ventures.Spain, Italy and Turkey are an excellent example of a struggle with youth unemployment and the lack of education in this field. Needs of young people to find a job is well addressed, but job market does not answer these needs properly. One solution that is often offered is that young people start their work practice in chosen company, right after the university for a minimal salary and after the practice, they often get replaced by new students. This is a “legal” practice by the majority of companies in order to find cheap labor and not to pay fines for firing employees. On other side U.K is more advanced with understanding of Entrepreneurship education and support system for entrepreneurs that can be transfer to all other partners.The overall aim of the project is in accordance with the primary objectives capacity building project for Youth:- To create a sustainable partnership between NGOs and institutions from Program countries and Nicaragua in order to transfer the training model on the entrepreneurship education/social entrepreneurship among young people.- To establish two-business incubators (one Nicaragua and one in Turkey) that focuses on social business and mentoring young people to start their business.The specific objectives are:1) To develop creative thinking, employability (soft) skills, financial management, strategic planning and entrepreneurial skills of young people2) To create a training module on how to develop, validate and implement social entrepreneurial projects and enterprises through non formal education methodologies.3) To create cross-sector cooperation between NGOs and Universities.4) To create sustainable partnership between institutions/NGOs from program countries and Nicaragua.5) To work with and train mentors on how they can support young people in developing entrepreneurial paths.6) To explore practical ways of supporting young people in NGO set up and social enterprises, taking into consideration legal, financial, management and social requirements.7) To create new tools and methods designed to develop entrepreneurial skills among young people through trainings.8) To provide young people with a platform where they can exchange experience and expertise in the field of SE through internship.9) To develop solidarity, promote tolerance and foster mutual understanding between generations and cultures by creating a common platform for development.10) To promote Erasmus+ programme outside of Europe.

EU Grant (Eur)

Funding of the project from EU: 147991,08 Eur

Project Coordinator

DINAMIK GELISIM DERNEGI & Country: TR

Project Partners

• ASOCIACION CULTURAL SENDE
• ACTING GLOBAL LTD
• NUCLEO EDUCATIVO PER LA FORMAZIONE EUROPEA AL LAVORO INTERNAZIONALE
• ISTANBUL KULTUR UNIVERSITY
• UNIVERSIDAD AMERICANA ASOCIACION