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OPPORTUNITIES: Funding

OPPORTUNITIES FOR FUNDING EDUCATION ABROAD THROUGH THE “ERASMUS+” PROGRAM

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Opportunities for funding education abroad through the "Erasmus+" program

10.03.2023 |

 For more than three decades, the European Union has been funding the “Erasmus” program, which has enabled over 3 million European students to spend part of their education at another higher education institution or organization in Europe. Years of experience in developing the program have shown that studying abroad has a positive effect on future employment prospects, as well as significantly improving students’ language skills.

The “Erasmus+” program helps to organize student and doctoral exchanges between countries participating in the program. These opportunities are available to undergraduate and graduate students, as well as doctoral students.

“Erasmus+” offers a great opportunity for those who wish to improve or develop their digital skills in the field of new technologies at a foreign university.

To study abroad through “Erasmus+”, you must be registered at a higher education institution and enrolled in a program leading to a recognized educational degree or other higher education qualification. Your sending institution (the current university where you study) and your receiving institution (the foreign university you wish to attend) must have signed an inter-institutional agreement between them so that you can study at the respective institution under “Erasmus+”. It is important to keep in mind that the period of study abroad must be in line with your needs related to your specialty and personal development and must be part of the study program you are following.

You can receive non-repayable funds under “Erasmus+” to cover part of your travel and daily expenses. The amounts may vary according to differences in the standard of living in your country and the receiving country, the number of applicants for funding, the distance between countries, and the availability of other financial assistance. If you are moving between countries under the program, check with your national agency and the sending higher education institution to see what rates apply. Additional support is also available for students going on internships, for students in disadvantaged situations, and for students from the most remote countries or regions under the program. The levels of non-repayable funds and the fixed amounts of funds for exchanges between program countries and partner countries are published in the “Erasmus+” program guide.

Details

Target audience

Digital skills in education

Digital technology 

artificial intelligence
cybersecurity
Internet of Things
big data
blockchain
robotics
augmented reality
virtual reality
high performance computing
machine learning
cloud computing
5G
telecommunications
WiFi
quantum computing
software
mobile application development
web development
microelectronics
digital skills

Form of the funding

Country suitable for the funding

EU members

Financial intermediate 

Erasmus+

Benefitials 

Natural persons

Requirements

ELEVEN VENTURES WILL INVEST EUR 300 000 IN TECH START-UPS

By Computing, Web development, Telecommunications, Mobile apps, Digital marketing, Blockchain, 5G & WiFi, Big data, Cybersecurity, Microelectronics, IoT, For the workforce, AI & ML, For ICT professionals, AR & VR, Audience, Basic digital skills, For ICT professionals, Audience, Robotics, Technology, Software engineering, Grant, Bulgaria, OPPORTUNITIES: Funding, International initiative, Other, OPPORTUNITIES
ELEVEN VENTURES WILL INVEST EUR 300 000 IN TECH START-UPS

10.09.2023 |

 Bulgarian venture capital fund Eleven Ventures is looking for candidates to invest 300,000 euros in exchange for a 10% stake in the company. The fund also offers support through the creation of an individual growth plan, meetings with business mentors, as well as support in seeking future funding rounds. The Eleven Alpha program is mainly looking for startups from the sectors in which Eleven usually invests, namely fintech, healthcare, future of work and future of food, but the fund also expresses interest in other startups located in Southeast Europe. According to Eleven managing partner Ivaylo Simov, the fund will invest in around five companies from different sectors, as cited by Capital Daily. Simov notes that companies that already have a prototype or experience working with customers are sought, but that doesn’t mean there isn’t room for early-stage projects. To receive funding, a company must have a good team. According to Simov, this means that applicants should have experience and know-how in the field they are trying to enter, and for the profiles of the partners in the startup venture, it is recommended that they be different to cover the basic needs of a functioning business.

Eleven Alpha is a three-month program with a fast application process and investment receiving within 2 months. The fund reminds that the first Bulgarian “unicorn” Payhawk received a similar investment at its early stage of development.

Applications can be submitted through Eleven’s website until November 19, 2022. The launch of the program and the main activities will start in January 2023.

Details

Website

https://www.11.vc/alpha/

Target audience

Digital skills for all

Digital skills for the workforce

Digital skills for ICT professionals

Digital skills in education

Digital technology 

artificial intelligence
cybersecurity
Internet of Things
big data
blockchain
robotics
augmented reality
virtual reality
high performance computing
machine learning
cloud computing
5G
telecommunications
WiFi
quantum computing
software
mobile application development
web development
microelectronics
digital skills

Form of the funding

Country suitable for the funding

EU

Financial intermediate 

Benefitials 

Startups