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Interception

Funder: European CommissionProject code: 608743-EPP-1-2019-1-SI-EPPKA2-CBY-ACPALA
Funded under: ERASMUS+ | Cooperation for innovation and the exchange of good practices | Capacity Building for youth in ACP countries, Latin America and Asia Funder Contribution: 146,659 EUR

Interception

Description

Erasmus+ project Interception is about strengthening social inclusion through inclusive entrepreneurship. Social excluded youth is under-represented or disadvantaged in entrepreneurship. Increasing entrepreneurship among them, as well as improving the quality of their business start-ups, represents an opportunity to increase their social inclusion. Social excluded youth typically face greater barriers to business creation than the mainstream population. Challenges include a lack of entrepreneurship skills, difficulty in accessing finance for business start-up, difficulties navigating the regulatory framework, a fear of failure and a lack of confidence. The objective of inclusive entrepreneurship is to ensure that all young people have an opportunity to start up and operate in business or self-employment, regardless of their personal characteristics and background.Project Interception encourages inclusive entrepreneurship to give young people an opportunity to be successful in business creation and self-employment. Project wants to give to social excluded youth opportunity that they would believe that also their visions and ideas can be successful and also that those youngsters at least try to be entrepreneur if they have a drive, energy and idea that could be successful. Name of the project Interception is chosen because by the Cambridge dictionary the meaning is “the action of stopping and catching something or someone before that thing or person is able to reach a particular place”. With this project we want to stop youth to reach a point of social exclusion. At the same time the word “Interception” contains two words “Inception” and “ter”. The basis of this project was the project Inception. Meaning of the word “ter“ means “three”. Three symbolically stands for 3 EU countries and 3 non-EU countries in the project as well as connection 3 continents together – Europe, Asia and Australia.

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