We connect tech entrepreneurs
The Erasmus for Young Entrepreneurs program brings together people who want to start a business with experienced entrepreneurs from all over Europe!
Apply with your CV and business plan
The program is addressed to:
New Entrepreneurs, founders with residence in Germany and up to 3 years of entrepreneurial experience.
Host Entrepreneurs, founders based in Germany with minimum 3 years of entrepreneurial experience.
Travel and accommodation costs for new entrepreneurs are subsidised by the European Union. The amount perceived per month depends on the cost of living in the country you choose to go to. You can check the list of countries and grants here.
- Online application
- Program acceptance and access to the data base with the host and new entrepreneurs’ profiles
- Matching and submission of the working plan
- Collaboration within the company of the host entrepreneur
Duration1 to 6 months
Project Leader International Cooperation
Frequently Asked Questions
Who can participate in the program?
What will I do during the exchange?
Can I choose my own exchange partner?
How long does it take before my exchange can start?
Where can I find more specific information about Erasmus for Young Entrepreneurs?
Please find more information on the webpage: https://erasmus-entrepreneurs.eu/
Program GuideProgram for participants 2018
First Global exchange to Singapur
Armin Gräber is one of the TechTalents coaches at UnternehmerTUM. Thanks to the Erasmus for Young Entrepreneurs Program, he spent 3 months in Singapore with the host entrepreneur Tat Yam Suen. He picked up some business ideas to boost his own startup, Eventmatch. Armin is the first new entrepreneur who went on a global exchange with UnternehmerTUM. This is his story.
“I always enjoy being in new environments, broadening my horizon and getting new perspectives. During my time in Singapore, I developed great friendships and fell in love with this amazing country. On the professional side, I met many interesting people and learned a lot about my business. Sometimes you find problems here which don’t exist back home and sometimes you find solutions which you wouldn’t think of in Germany, like the lack of data and the importance of the right business connections. All in all, the whole EYE program is a great experience, which I highly recommend to anyone who feels like doing hands-on entrepreneurship in another country!“
- Why did you choose Singapore and Tat Yam Suen as your Host Entrepreneur for your entrepreneurship goals?
My mobile app, Eventmatch, supports tourists in quickly finding other people to visit the city or have food together. Since Singapore is one of the most traveled cities in the world and people here tend to dine out much more than in Germany, I saw a huge potential for the app to offer its users special benefits when visiting our partner locations in Singapore. Together with Tat Yam Suen and his day tour company Monster Day Tours, I saw an ideal fit to address the travelers, offering them a platform where they can get information about the tours operated by my HE. On the other hand, I brought initial value and content into my Eventmatch app.
- Which projects and goals were you working on with your HE?
I focused on getting restaurants & cafes, as well as some tourist operating companies, as partners on board for Eventmatch. Also, by talking with locals and tourists and conducting some surveys, I gathered valuable feedback on what users would expect from the app. We already implemented some design changes which were driven by this feedback (like showing the distance to the locations). Simultaneously, I helped my host entrepreneur to learn more about his customers and to create new products.
- What are the challenges you have faced and the key lessons you have learned during your exchange?
I had to build my local customer and partner base from scratch since neither did local people know about Eventmatch nor did I have social media reach in Singapore. However, through the support of my HE as well as the supporting organization in Singapore, I was able to develop a great market network.
I also faced a different market situation due to plenty of competitors, different business hours and difficulties in reaching the owners of the restaurants. Mostly in Singapore, a couple of restaurants operating in the same area are owned by the same businessman or entity. The owners are mostly businessmen that are not immensely involved in the daily business which made getting them on board harder. However, the people here are very helpful and love to share their insights. The conversations I had with the competitors helped me understand their business model and how to attract customers for Eventmatch.
How to enter a foreign market
To enhance security and efficiency in today’s cardiovascular interventions, LARALAB, a MedTech startup, works to assist cardiologists in the procedural planning and pivotal guidance providing software solutions based on artificial intelligence.
Due to the pioneer nature of the business, LARALAB has planned to expand into other countries, starting with Italy. Hence, Mario Becherer decided to participate in the EYE program and go to Turin to work side by side with Luigi Tealdi, founder of the namesake legal services consultancy office, thus acquiring inside key knowledge of the Italian market and its financial and regulatory characteristics. Moreover, thanks to his Host Entrepreneur’s broad network and hands-on advice, Mario established new valuable business contacts, meeting even new clients.
After this successful three-month exchange, Mario returned to his team in Munich to work on the next step: conquering the CE mark.
“I learnt that you always have to believe in yourself and build up a great team!”