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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.

Main Objectives

  • Helping prospective third-country entrepreneurs by strengthening the community of practice underlying the work of organisations that support newcomers, refugees and migrants setting up and developing their business
  • Developing entrepreneurial culture and fostering the creation of innovative businesses and social enterprises
  • Developing networking between organisations and fostering collaboration
  • Bridging mainstream business support and targeted services in 4 countries (AT, BE, IT, NL), with the aim to scaling it up and encourage replication
  • Developing collaborative work and exchange of experience with regard to migrants’ qualification recognition
  • Enhancing the migrant entrepreneurship interconnectivity with wider markets
funding

European Commission; DG Internal Market, Industry, Entrepreneurship and SMEs

Duration

January 2019 – March 2021

COUNTRIES

Austria, Belgium, Italy, the Netherlands