Grant for your stay abroad
The financial support to new entrepreneurs contributes to travel and subsistence costs during the visit. The grant is paid by the local contact point chosen by the new entrepreneur (registered in the online application).
The new entrepreneur and his/her local contact point sign an agreement which determines the funding granted during his/her stay, and how it will be paid in practice. The financial support is calculated monthly and is based on the monthly lump sum for the relevant country.
Note that the financial support is provided only for the time spent abroad collaborating with the host.