As a host entrepreneur (HE), you can benefit from fresh ideas from a motivated new entrepreneur on your business. He/she may have specialised skills or knowledge in an area that you do not master, which could also complement yours. You can also benefit from access to new markets, international cooperation and potential possibilities for collaboration with business partners abroad.
New entrepreneurs (NE), on the other hand, benefit from an experience in a small or medium-sized enterprise in a country outside of Europe. This will ease the successful start of their business or strengthen their new enterprise.
The exchange between the two entrepreneurs, which can last between 1-3 months, is a win-win collaboration whereby both of entrepreneurs can also discover new markets or business partners, as well as different ways of doing business.
The role of this contact points, also referred to as Intermediary Organisations (IOs), is to facilitate successful relationships between the new entrepreneurs and the host entrepreneur. To this end, they promote the programme, offer information, validate the applications, arrange contacts, support the drafting of the commitment for the exchange, and provide support for the stay. Every relationship between a new and a host entrepreneur needs two IOs (one as the contact IO for the NE and the other as the contact IO for the HE), as the NE and HE must be from different countries.