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Single Market Programme – Erasmus for Young Entrepreneurs – junior call – 2024

SMP – The Singlet Market Programme aims to support and strengthen the governance and functioning of the Single Market and thus it is a major contributor to growth, competitiveness, and employment.

2024-06-27
5 million euro
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Call synthesis

Call reference SMP-COSME-2024-EYEJR
Programme Single Market Programme (SMP)
Institution European Commission
Sectors Business & Industry Cooperation & Development Education & Training Employment Research & Innovation
Beneficiaries EU & International Organisation Large company (> 250 employees) Local Authority & Affiliated Entity Professional organisation & network Research centre & university Smes & Start-Ups (< 249 Employees) State administration & affiliated entities Training organisation & school

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Call reference

SMP-COSME-2024-EYEJR



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Priorities and funded actions

Objectives

  • To enhance entrepreneurship, including potential start-up entrepreneurs, develop international perspectives and partnerships, and foster the innovative capacities of SMEs. It thereby supports the competitiveness of European SMEs
  • To select Intermediary Organisations (IOs) to implement the Erasmus for Young Entrepreneurs programme at local level. They will in particular recruit the entrepreneurs and assist them to benefit from the programme
  • To support actions of organisations enhancing and facilitating the exchanges between new and host entrepreneurs

Priorities

  • Priority 1: To provide on-the-job-training for new entrepreneurs from SMP participating countries with established host entrepreneurs in small and medium-sized enterprises abroad in the participating countries in order to facilitate a successful start-up, and development of their business ideas
  • Priority 2: To foster sharing of experience and information between entrepreneurs on the obstacles and challenges of starting up and developing their businesses
  • Priority 3: To enhance market access and identification of potential partners for new and established entrepreneurs in other participating countries
  • Priority 4: To support networking between entrepreneurs from different participating countries by building on knowledge and experience
  • Priority 5: To contribute to fostering the creation of sustainable, digital and resilient businesses

Among financed actions

  • Management of the programme, networking and reporting
  • Promotion of the programme and recruitment of entrepreneurs
  • Relationships building
  • Relationships management

Eligibility

  • Be a legal person
  • Be a public or private entity
  • Be established in one of the eligible countries:
    • EU Member States (including overseas countries and territories)
    • Non-EU states : listed EEA countries and countries associated to the Single Market Programme. Click here to see the listed countries
  • A consortium composed of at least 5 entities, established in at least 4 different EU Member States or associated countries to the programme must be constituted

Additional information

  • Initial duration of the action: 36 months
  • Contact: EISMEA-SMP-COSME-ENQUIRIES@ec.europa.eu

Useful

Guidelines: Click here

Other call documents: Click here

Executive Agency website: Click here

More information: Click here

Financement
  • Total budget of the call: 5 million euro
  • Amount of the grant: 1 million euro per project
  • Funding rate: 100% for the costs for providing financial support to third parties, i.e., new entrepreneurs, and 75% for all other cost categories