Long-term disengagement from the labor market has economic as well as social consequences for Europe’s youth. To raise youth employment and foster sustainable growth, the EU acknowledges the potential of youth entrepreneurship as a means of creating jobs and developing human capital.
Eurofound’s 2015 report on youth entrepreneurship in Europe indicates that 48 % of European youth are interested in becoming entrepreneurs, and 41 % believe this is also possible. Still, only 6,5 % of young Europeans were self-employed. Despite the report now being 3 years old, there is no evidence to indicate that these rates have increased significantly which reveals that within Europe’s youth there is an entrepreneurial spirit, but many young Europeans lack knowledge, skills, empowerment or support to pursue their ideas.
Therefore, the aim of the project was to strengthen the youth sectors role in supporting young entrepreneurs through a reinforced network of youth organisations and increased capacity of youth workers in non-formal entrepreneurship education
The aim have been reached through the following objectives: