Financial literacy among the adult population remains one of the unsolved questions in European Union. As per recent statistics, more than half of the adult population of certain EU countries (Poland, Romania, Portugal, Spain or Italy) is financially illiterate (https://howmuch.net/articles/financial-literacy-around-the-world). Financial literacy and entrepreneurial intention are interrelated, as explained by Trunk and Dermol (2015). It is widely accepted that effective entrepreneurship is impossible without proper competences in finances, which are essential for correct financial decisions making(Calcagno, Alperovych, & Quas, 2019). It also helps to reduce entrepreneurial risk aversion level (Riepe, Rudeloff & Veer, 2020).Besides that, effective entrepreneurship tackles other relevant problems in EU as youth unemployment, social inclusion and equal opportunities. As one of the solutions, entrepreneurial education should be enhanced and extended to more groups. Considering that its main goal is to create financially literate entrepreneurs since it improves the economic security of all (Arthur, 2018), it is urgent to create and spread specific better trainings in such critical areas as financing management. It will surely improve the capacities for self-employment, to face the current socioeconomic crisis and contribute in a certain manner to the domestic economies. [Arthur, C. (2018). Financial Literacy and Entrepreneurship Education: An Ethics for Capital or the Other? The Wiley Handbook of Global Educational Reform, 435-465.]In this context, only students of business in HEIs/VET/adult education have access to entrepreneurial financial education. Specific courses, although available, are usually too short, too theoretical or rather expensive. Even more, this access should not be limited to face-to-face trainings, and must be extended online and granted to cope with the challenge of online learning, and prevent the practical education from being the first to close in pandemic periods.Considering all this, the main proposal of this project is to create digital interactive tools that will help the end-beneficiaries (potential and current entrepreneurs) to develop skills and acquire necessary practical knowledge to effectively apply for funding and manage their financial situation.From the general perspective, our project is expected to contribute to the improvement in financial literacy, especially, among HE students, as potential entrepreneurs, through an effective method of learning by doing. The project aims at covering the gap of practical financial competences considered as a critical barrier for entrepreneurship. Possible solution goes through cooperation between financing actors and educational sector. Thus, common training will be complemented with real practice, which includes individual and collaborative work, very different from traditional school assignments, since it will connect funding agents (banking professionals, investors, mentors and similar) with entrepreneurs and students. This DIGITAL LEARNING ENVIRONMENT BASED ON COLLABORATIVE LEARNING with financial agents is the core of our innovative proposal. Besides that, the project will deploy actions to empower HE teachers and entrepreneur coaches. Thus, the project will reach the following segments of people: university students, entrepreneurs, teachers, start-up incubators, financial agents for an estimated total of 840 direct participants and 14600 additional reached online.The main project activities will be oriented to the production of four intellectual outputs:1) Practical cases in entrepreneurial finance for training purposes.2) Digital Simulator for entrepreneurial finance (trainer’s tool). 3) Digital Simulator for entrepreneurial finance (self-learning tool). 4) Report on recommendations for entrepreneurial finance stakeholders and policy makers.The project implies cooperation of different type of organizations. The HE institutions and Banking/Financial sector will collaborate closely to ensure that we use appropriate content. Representative institutions will incorporate the tools into their trainings and will disseminate the project results properly. Entrepreneurial institutions will support the outputs creation attracting the attention of practitioners and professionals in the entrepreneurial field.The project pursues long term impact by providing HE lecturers, VET/adult training providers and Entrepreneurial institutions with innovative tools in order to spread the practical knowledge on entrepreneurial funding. It is of special interest to raise awareness on the different alternative sources of funding besides the traditional bank loans, such as crowdfunding, business angels, capital venture and so on, and offer current and future entrepreneurs practical training since it will also generate significant impact measured over time.