The Erasmus for Young Entrepreneurs IMPACT consortium: an outstanding example of resilience
The Erasmus for Young Entrepreneurs (EYE) programme is a flagship initiative under the Single Market Programme.
We are highlighting the excellent results, especially in adverse situations, of the IMPACT consortium, led by the Ukrainian organisation LLC "Civitta Ukraine".
Some numbers on the consortium’s results:
- a total of 190 entrepreneurs matched (with almost 74% New Entrepreneurs NEs and 26% Host Entrepreneurs HEs),
- a high rate of female NEs: 70%,
- 56 exchanges with involvement of Ukrainian NEs supported with total financial assistance of €127 000.
An initiative that entails physical, cross-border exchanges encounters natural problems and restrictions (costs, documentation, availability, etc.), but is certainly affected by exceptional circumstances that limit movement.
The COVID-19 pandemic and the war in Ukraine created several problems for all EYE consortia. It not only hindered international exchanges but also made direct contacts more complicated.
The IMPACT consortium was of course touched by these restrictions as well. But even when facing these unprecedented circumstances, the consortium demonstrated its resilience.
With support from EISMEA, the consortium allowing enough flexibility (e.g. remote exchanges) to ensure that young Ukrainian entrepreneurs could still benefit from the advantages of the EYE programme even in these unprecedented, extremely adverse circumstances.
Find out more and dive into the recently produced infographic on the IMPACT consortium statistics.
