The European Union Youth Start-up Competition 2024 is a fantastic chance for young entrepreneurs to shape their future. To join this international competition, you need a big idea that can change the world. You should be passionate about solving global problems and following EU values and principles. Your start-up idea should align with these values and promote sustainability.
The European Commission started this youth start-up competition as part of European SME Week, which aims to boost entrepreneurship in Europe. This competition helps people set up their businesses by offering guidelines and rules. It supports young business starters at local, national, and regional levels. If you want a career in entrepreneurship, this is an exciting chance you shouldn’t miss!
Young entrepreneurs can showcase their start-up ideas and shine globally. To participate, your ideas need to tackle major global issues like sustainability, social inclusion, and technological progress. You must present clear and strong ideas that attract public and media attention.
At the SME Assembly, candidates will get to meet potential partners and investors during a special youth session. Workshops, networking events, and panel discussions will help young entrepreneurs learn, grow, and connect with industry experts. This competition will give participants exposure and help shape the future of the European Union.
In addition to the competition details, it’s worth noting the broader impact of such initiatives. The European Union has always been a strong supporter of innovation and entrepreneurship. By providing platforms like the Youth Start-up Competition, the EU ensures that young minds have the resources and opportunities to bring their ideas to life. This not only fosters economic growth but also drives social progress and technological advancement. Through these efforts, the EU is paving the way for a brighter and more sustainable future, encouraging a new generation of leaders to emerge and make a difference on a global scale.
Scholarship Outline
- Host Country: Budapest, Hungary.
- Host Organization: European Union.
- YSC Competition Level: Young or Potential Entrepreneurs.
- Duration: November 18, 2024, to November 20, 2024.
Scholarship Provision
- Participants will get the chance to become successful entrepreneurs in the future.
- Participants will learn how to solve global problems smartly.
- Participants will explore ways to succeed in entrepreneurship.
- Participants will attend the Youth Startup session at the SME Assembly.
- Participants will meet with industry professionals.
- Participants will connect with potential investors and partners.
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Eligibility Criteria for Qualification
- Residents of any EU country can apply.
- Residents of any COSME country can also apply.
- Anyone interested in entrepreneurship or thinking about it as a career can apply.
- Applicants must be between 18 and 25 years old.
- Your startup idea must promote sustainability.
- Your startup idea must align with EU values.
- You must create a short video, maximum 3 minutes long.
- The video should include:
- Explanation of your startup idea.
- Why your idea is relevant.
- A brief overview of your business plan.
- The video must be in English.
- Record the video in landscape mode (horizontal).
- You must attend the SME Assembly in Budapest, Hungary.
- You must be available from November 18 to November 20, 2024.
How To Apply
- Visit the official European Union website.
- Check if you qualify to apply.
- Upload your ID card when requested.
- Fill in all the necessary details.
- Answer all the questions provided.
- Carefully complete your application form and submit it.
The criteria for selecting entries
- Creativity: Innovative and original ideas.
- Appeal: Ideas that capture public and media interest.
- Communication: Clear and compelling presentation of ideas.
Deadline
- The deadline is September 20, 2024.