YEP aims at promoting new practices to support youth entrepreneurship, specifically for those young people with fewer opportunities, in the cities of Milan, Madrid and Lisbon,
The initiative offered 80 aspiring young entrepreneurs the opportunity to attend specific training on how to start a business, followed by an incubation stage for the best youth business ideas.
The beneficiaries are young people with fewer opportunities, such as those who are not currently studying or working, migrants and second generation youngsters, or youth with geographical and social obstacles: these are young people who are more at risk of social and economic exclusion.
Several stakeholders, coming from the public, private and not-for-profit sectors, join the program, so as to create a supportive environment where young people can express and realize their aspirations.
At the start of the Program, a raising awareness and information campaign, both on line and off line, was carried out in each of the 3 partner cities, to reach and involve the young people as well as the organisations working with them, and spread information on entrepreneurship.
Afterward, the Program included 3 steps:
1. Training courses
3. Accompanying and access to credit
Across all stages, a social tutoring service was offered to the young participants.
Social tutors supported the young participants in their participation and learning, listening to their needs and issues, supporting their motivation, etc.
The project also promoted the exchange and dissemination of best practices at local and European level in the field of labor and social inclusion of young people, self-entrepreneurship and social innovation, through different kind of activities.
During the 24 months of the project, partners also jointly develop a set of intellectual outputs on the same topics, that will be available on this platform as open source materials.