A pilot scheme which pays new entrepreneurs to learn from experienced businesspeople in other European countries will be expanded and put on a permanent footing, according to EU officials.
The European Commission will ask the Parliament to earmark a substantially increased budget for the fledgling Erasmus for Young Entrepreneurs programme by the end of 2011, with officials suggesting that a "tenfold" expansion of the scheme would be needed to help it boost cross-border entrepreneurship.
A meeting in Brussels, hosted by the Commission, revealed a range of teething problems but reinforced the EU executive's commitment to pushing for additional funds.
To read the full, original article click on this link: EU plans major expansion of 'Erasmus for Entrepreneurs' | EurActiv
Author: EurActiv
