Start-up companies to get EU backing

START-UP companies have been given a further chance of survival, through Ireland becoming the latest country to be included in a leading EU enterprise exchange programme.

Start-up companies to get EU backing

Funded by the European Commission, the Erasmus for Young Entrepreneurs Programme matches entrepreneurs and early stage companies with experienced entrepreneurs abroad. The initiative is running in 23 EU member states and Ireland is being introduced by the Dun Laoghaire-Rathdown County Enterprise Board.

To date, more than 530 new entrepreneurs from various European countries have travelled to another nation for up to six months to learn management skills from more experienced small business owners. The programme was officially launched here yesterday.

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