Evidence shows that migrants are more likely to start businesses than their native-born peers (OECD, International Migration Outlook, 2011). For many migrants (both low and high-skilled), entrepreneurship is a strategy to overcome obstacles with regard to labour market integration and to upward social mobility.
YMCB aims at developing an innovative approach towards creating the appropriate ecosystem to support young migrants entrepreneurship through a combination of education and training, mentoring and access to finance. The approach will be tested in four target countries, Austria, Belgium, Italy, the Netherlands, with the aim to scaling up and replicating it in other territories.
In addition, a Community of Practice for Young Migrant Entrepreneurs will be developed and enhanced within the project that will allow partners and organisations working with young migrants and targeted groups to exchange experience and lessons learned, improve their knowledge and scale up their good practices.
European Commission; DG Internal Market, Industry, Entrepreneurship and SMEs
January 2019 – March 2021
Austria, Belgium, Italy, the Netherlands