Frequently Asked Questions
Must the new entrepreneur find additional funds for his/her stay abroad?
Posted by Support 1 on 15 April 2013 03:54 PM

Financial support to new entrepreneurs contributes to travel costs to and from the country of the stay and covers subsistence costs (in particular in terms of accommodation) during the visit.
Under no circumstances will the European Commission accept an amount higher than the set ceiling of € 1,100 for average monthly financial assistance paid to new entrepreneurs. In the event where the financial grant is not enough to cover all expenses or in the unlikely case that other indirect costs exceed the set amount (e.g. company related expenses, insurance, social security etc.), the new entrepreneur must find other sources to cover such expenses.

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