Frequently Asked Questions
Do new entrepreneurs benefit from financial assistance during the stay abroad?
Posted by Support 1 on 15 April 2013 03:53 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. The details of the financial support are subject to an agreement between the new entrepreneur and his/her intermediary organisation and reflect the overall living costs of the country of the stay. Indeed, the amount of financial assistance is determined by the country where the new entrepreneur plans to undertake his exchange.
As a new entrepreneur, you must provide proof of expenditure to your intermediary organisation paying the financial support. If the expenditure proves to be lower than the initial amount of financial support provided, the paying intermediary organisation is entitled to claim back the excess.
Further information about the monthly financial assistance is available in the section “Who can participate”.

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