Erasmus for Young Entrepreneurs is a European business exchange programme. It provides practical and financial assistance to newly established or would-be entrepreneurs wishing to spend some time abroad with a host entrepreneur.Thanks to the programme, new or would-be entrepreneurs acquire the relevant skills for managing a small or medium-sized enterprise, and experienced businessmen or women gain fresh perspectives and international cooperation opportunities. The programme aims at the exchange of knowledge and experience, better networking possibilities across Europe and new commercial relations for European businesses.