Erasmus for young entrepreneurs in Belgium in 2025

Erasmus for young entrepreneurs (EYE) is a unique opportunity available to new and experienced entrepreneurs. Thus, this program is designed to facilitate professional exchanges between business creators and future European entrepreneurs. In Belgium, this program is very attractive for ambitious young people who wish to develop their skills, while accessing major resources to launch their business. My Financial Aid tells you everything.

Why choose Erasmus for young entrepreneurs?

This program offers significant benefits for both parties involved. Indeed, it is an exchange of knowledge and resources:

• For new entrepreneurs :
  • Acquisition of concrete experience in a European country;
  • Learning alongside experienced entrepreneurs;
  • Development of an international professional network.
• For experienced entrepreneurs :
  • Contribution of new ideas and innovative perspectives;
  • Extension of their network in Europe and discovery of young talents;
  • Investment possibilities;
  • Contribution to a dynamic project while sharing their expertise.

You should know that this program is designed to address challenges when starting a business. Thus, the objective is to overcome the lack of experience or resources. Then, both parties can develop precise and adapted strategies.

Who can benefit from Erasmus for young entrepreneurs?

However, you must respect certain conditions if you wish to participate in the young entrepreneurs program:

• For new entrepreneurs :
  • Have a viable and credible business creation project;
  • Have less than three years of experience managing a business.
• For experienced entrepreneurs :
  • Own a well-established business;
  • Be able to welcome and supervise a new entrepreneur.

Steps to follow

So, to participate, there are certain steps to follow. Indeed, they are simple but require rigorous preparation:

1. Online registration : Create a profile on the official program platform;
2. Project submission : Creation of a clear and detailed business plan;
3. Search for partners : Find a contractor that meets your needs and objectives;
4. Validation : Once approved, you sign a collaboration contract.

Additionally, local contact points in Belgium can support you every step of the way, such as hub.brussels or other approved organizations.

Duration and financial support of Erasmus for young entrepreneurs

Want to know how long the exchange takes? It depends on the challenges and situations, but generally between 1 and 6 months. However, you can split this duration into several short periods if you prefer.

Remuneration

Participants receive a monthly allowance which must cover:

• Housing;
• Meals;
• Transportation costs.

Thus, the amount of this allowance varies depending on the host country. In fact, it is indexed directly to the cost of living on site. So, this amount varies between 500 et 1100 €. It is supposed to ensure a certain financial stability.

Why participate in Belgium?

Indeed, Belgium offers a perfect environment for entrepreneurs. With its dynamic cities like Brussels, Antwerp or Liège, the country offers a large number of advantages:

• A central location in Europe;
• A diverse and cosmopolitan market;
• Strong entrepreneurial networks, like those supported by Hub.brussels.

Benefits for society

Finally, Erasmus for young entrepreneurs contributes to:

• The creation of new businesses;
• Innovation and competitiveness of SMEs;
• Increased cross-border collaboration.

These benefits to society are very important. Indeed, they can, in the long term, create jobs and wealth for the country. In addition, it motivates young people to work, and the most experienced to renew themselves and stay in contact with young people.