Are legal entity forms of no profit cultural associations (NGOs) eligible?

Are legal entity forms of no profit cultural associations (NGOs) eligible?

NGOs, non-profit making organisations, foundations and cooperatives can participate in the Erasmus for Young Entrepreneurs programme providing they meet the micro, small and medium-sized enterprise definition set by the European Commission.
In addition, these bodies must be regularly engaged in an economic activity and show significant elements of entrepreneurship.
The responsible intermediary organisation will assess whether these criteria have been fulfilled.