Economy

EU/OCTA offers opportunity to young entrepreneurs

Young entrepreneurs from the so-called OCT countries can qualify for a grant.

Brussels – A not-to-be-missed opportunity for Learning-By-Doing is on offer to a national from any Overseas Country and Territory* (name OCT) in Brussels, Belgium, to work with an experienced business person whose specialization is innovation. This, according to OCTA is a great opportunity for an enthusiastic entrepreneur to learn more about the importance of innovation in business, business promotion, European Union project development and communication for a period of 1-6 months. A grant for living costs and return travel costs to Brussels – €1,100 per month in total – is offered by the European Commission.

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Under same EU programme, ‘Erasmus for young entrepreneurs’, many other opportunities are said to be available. OCT citizens to be mentored in any of the EU’s 28 Member States, for 1-6 months, by successful business persons. All business sectors are included – agriculture, the green and blue economy, ICT … OCT nationals can elect a mentorship in any EU country apart from the OCT associated member state.

For all placements, applicants should be interested in business development and be ready to draft up a brief plan for a business start-up. Business graduates with great ideas for a start-up can also apply.

The following territories are considered OCT-territories: Anguilla, Aruba, Bonaire, British Virgin Islands (BVI), Cayman Islands, Curaçao, Falkland Islands, French Polynesia, Greenland, Montserrat,
New Caledonia, Pitcairn, Saba, St. Bathelemy, St. Helena, St. Pierre et Miquelon, St. Eustatius, St. Maarten, Turks and Caicos Islands, Wallis and Futuna.

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