Entrepreneurship Education The Erasmus for Young Entpreneurs Programme

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1 Entrepreneurship Education The Erasmus for Young Entpreneurs Programme I Encuentro Internacional de Expertos en Emprendimiento Santander, 28 th November 2011 Michaela HAUF European Commission Directorate-General for Enterprise and Industry Unit E1 Entrepreneurship

2 Background The Small Business Act What is the SBA? Objectives: An initiative to further strengthen SMEs sustainable growth and competitiveness A set of politically binding principles A package of concrete measures (legislative and nonlegislative) An implementation mechanism embedded in the EU 2020 strategy Improve the overall policy approach to entrepreneurship Irreversibly anchor the Think Small First principle in policymaking Promote SMEs growth by helping them tackle the remaining problems

3 The EU is not fully exploiting its entpreneurial potential: Only 45% of European citizens would like to be selfemployed (as opposed to 55% of US citizens). SBA Principle I: Create an environment in which entrepreneurs & family businesses can thrive & entrepreneurship is rewarded. Entrepreneurship Education & Erasmus for Young Entrepreneurs

4 Policy Background on Entrepreneurship Recommendation on key competences of lifelong learning of the European Parliament and the Council (2006): Entrepreneurship a key competence for all Commission Communication on Fostering entrepreneurial mindsets (2006) Oslo Agenda on Entrepreneurship Education in Europe (2007): A detailed menu of actions Small Business Act for Europe (2008) EU 2020 strategy: Focus school curricula on creativity, innovation and entrepreneurship (2010)

5 What is Entrepreneurship? Entrepreneurship Refers to an individual s ability to turn ideas into action Includes creativity, sense of initiative, innovation and risk-taking Provides the ability to plan and manage projects in order to achieve objectives Benefits Skills for life Increased employability Connecting education and the local economy Instrument for territorial development and social cohesion More start-ups More growth, innovation and jobs Key competence for EVERYONE Make Entrepreneurship Education accessible to every student in every institution.

6 Entrepreneurship Education in EU Member States Examples Denmark and Sweden: An entrepreneurship education strategy was jointly developed by different Ministries Finland and Norway: Entrepreneurship is already embedded in the national curriculum Netherlands and UK: Government funded pilot projects in schools (resulting good practice subsequently disseminated) Spain (Asturias): Secondary school students run import-export mini-companies as part of the regional curriculum

7 The EU is committed to fostering entrepreneurial mindsets and skills of young people & to promote education for entrepreneurship at all levels, from primary school to university and beyond.

8 Entpreneurship Education Ongoing and Planned EU Activities 2009 Commission Call for Proposals on "Entrepreneurial culture of young people and Entrepreneurship Education (2 projects still ongoing) High Level Symposium on Entrepreneurship Education: Teacher Education as critical success factor, Budapest 7 th -8 th April 2011 Organisation of 2 Laboratories on teacher education (peer-to-peer learning) Good practice manual on teacher education in entrepreneurship

9 Entrepreneurship Education Current Focus: Teachers! Make entrepreneurship modules compulsory for student teachers When educating teachers, use the same practical methods as teachers will have to develop with students Create entrepreneurship centres of excellence for peer-to-peer learning and good practice dissemination (based in teacher training institutions) Develop new methods to assess the acquisition of key competences like entrepreneurship by students (if this competence is not assessed, teachers are not motivated)

10 Erasmus for Young Entrepreneurs.. to facilitate exchange of experiences, learning and networking for new EU entrepreneurs through periods spent at SMEs of experienced entrepreneurs in other EU Member States. Fostering of Entrepreneurship and Internationalisation Competitiveness of Start-up Entrepreneurs and newly established SMEs in the EU

11 EYE in Practice European Commission definition of strategic and financial framework Support Office: day-to-day operational management of the programme Intermediary Organisations Local and national business support organisations active in business support (e.g. Chambers of Commerce, Regional Development Agencies, Innovation Centres ) Manage and promote Recruit and assess entrepreneurs Proactively look for exchanges Support new entrepreneurs before & during the stay Promote Erasmus for Entrepreneurs at national, regional and local level Co-financing of max 90% of eligible costs in accordance with the regulations for Erasmus for Entrepreneurs Exchanges Between Entrepreneurs

12 The 4 Steps of an Exchange Online Application Matching Contracting and preparation Stay abroad

13 STEP 1: Online application Application from NE (business plan, CV, motivation); Application checked by IO; HE IO HE states interest to participate (CV and motivation); NE File is checked by IO. IO How to apply? :

14 STEP 2: Matching Matching of NE and HE with the help of the 2 IOs STEP 3: Contracting and preparation HE, NE and IOs establish agreements; NE does pre-departure induction; NE receives a grant. IO NE IO HE

15 STEP 4: Stay abroad Duration: 1-6 months; On-the-job training, work on concrete projects NE On-site support provided to the NE by the Host IO; Reporting about the exchange. HE IO IO

16 Benefits of New and Host Entrepreneurs Benefits for Host Entrepreneurs Benefits for New Entrepreneurs Access new skills and innovative knowledge Work with a young fresh mind contributing new ideas Gain knowledge and intelligence about the foreign markets Opportunity to establish a new business partnership with an entrepreneur from another country Get experience & advice from seasoned entrepreneur Develop international contacts Get knowledge about foreign markets Providers, clients, coventuring opportunities

17

18

19 Overall Feedback from Entrepreneurs New Entrepreneurs: Host Entrepreneurs:

20 Feedback from New Entrepreneurs

21 Feedback from New Entrepreneurs

22 Feedback from Host Entrepreneurs

23 Feedback from Host Entrepreneurs

24 Main Impacts More start-ups Reduction in early failure rate More innovation with existing companies More companies internationalising Creation of additional jobs

25 Further information and Contact SBA: Entrepreneurship Education: Erasmus for Young Entrepreneurs : DG Enterprise and Industry, Unit for Entrepreneurship, THANK YOU!

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