The need to motivate and support young people classified as NEETs (youth not in Education, Employment or Training) to start their own business has brought together 6 organizations, aiming to boost youth employment across Europe, under a strategic 3-year project called “Active Youth Entrepreneurship Network”, known as “AYEN”*. The aim of the project is to build a transnational entrepreneurial network that facilitates NEETs primarily in the age group of 25-29 to see needs/opportunities within their own community that can be developed into new businesses and jobs.
Many young people that are nowadays classified as NEETs have the necessary education and skills to contribute to the development of their societies, but, according to the European Commission, are often disconnected to the demand side (economy). The objective of the project AYEN is to build a transnational entrepreneurial network that facilitates NEETs primarily in the age group of 25-29 to see needs/opportunities within their own community that can be developed into new businesses and jobs. Through a comprehensive set of innovative tools, the partners from five Southeastern European countries will use and strengthen existing regional entrepreneurial communities to foster sustainable job creation.
The main output of the project will be strengthened regional entrepreneurial support communities with integrated support schemes for NEETs with entrepreneurship potential. It will be
achieved through 300 empowered former NEET youth establishing 150 startups and generating 600 new jobs across the five countries where the project is taking place. The direct target groups are entrepreneurial support communities, experienced mentors, investors and the end beneficiaries are NEET 25-29.
The project lasts for 36 months (from 01.06.2018 – 28.05.2021) across the six project locations, represented by the project partners. They are: