Youth on the Move

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Youth on the Move - An initiative to unleash the potential of young people to achieve smart, sustainable and inclusive growth in the European Union

Youth on the Move is one of the 7 flagship initiatives announced as past of the Europe 2020 strategy.

News article: http://ec.europa.eu/education/news/news2540_en.htm

There follows the section on entrepreneurship from the Youth on the Move communication (http://ec.europa.eu/education/yom/com_en.pdf):

5.4. Support young entrepreneurs and self-employment

A life-time job with the same employer is certainly not going to be the norm: most workers will change companies several times, and most current and future jobs are in SMEs and micro-enterprises. In addition, self-employment is an important driver of entrepreneurship and can thus significantly contribute to job creation, especially in the services sector.

Self-employment offers a valuable opportunity for young people to make use of their skills and shape their own job. It is also an option to be considered seriously by those helping young people to plan their career paths. The interest and potential of young people to become entrepreneurs needs to be strongly encouraged by fostering entrepreneurial mindsets and attitudes in education and training. This should be supported by the public and private sectors. To this end, young people need more opportunities to have entrepreneurial experiences, to receive support and guidance on business plans, access to start-up capital and coaching within the starting period. Here also, Public Employment Services have an important role, in informing and advising young jobseekers about entrepreneurship and self-employment opportunities.

Key new actions:

The Commission will:

  • In order to address public spending constraints, work with Member States to identify the most effective support measures, including job placement, training programmes, recruitment subsidies and wage arrangements, security measures and benefits combined with activation and propose adequate follow-up actions.
  • Establish a systematic monitoring of the situation of young people not in employment, education or training (NEETs) on the basis of EU-wide comparable data, as a support to policy development and mutual learning in this field.
  • Establish, with the support of the PROGRESS programme, a new Mutual Learning Programme for European Public Employment Services (2010), to help them reach out to young people and extend specialised services for them. This programme will identify core elements of good practices in Public Employment Services and support their transferability.
  • Strengthen bilateral and regional policy dialogue on youth employment with the EU’s strategic partners and the European Neighbourhood, and within international fora, particularly the ILO, OECD and G20.
  • Encourage the greater use of support to potential young entrepreneurs via the new European Progress Micro-finance Facility (http://www.ec.europa.eu/epmf). The Facility increases the accessibility and availability of microfinance for those wanting to set up or further develop a business, but having difficulties in accessing the conventional credit market. In many Member States young micro-entrepreneurs who seek funding under the Micro-finance Facility will also benefit from guidance and coaching with the support of the ESF.

In the framework of Europe 2020 and the European Employment Strategy, Member States should focus on:

  • Ensuring that all young people are in a job, further education or activation measures within four months of leaving school and providing this as a ‘Youth Guarantee’. To this end, Member States are asked to identify and overcome the legal and administrative obstacles that might block access to these measures for young people who are inactive other than for reasons of education. This will often require extending the support of PES, using instruments adapted to the needs of young people.
  • Offering a good balance between rights to benefits and targeted activation measures based upon mutual obligation, in order to avoid young people, especially the most vulnerable, falling outside any social protection system.
  • In segmented labour markets, introducing an open-ended ‘single contract’ with a sufficiently long probation period and a gradual increase of protection rights, access to training, life-long learning and career guidance for all employees. Introducing minimum incomes specifically for young people and positively differentiated non-wage costs to make permanent contracts for youngsters more attractive and tackle labour market segmentation, in line with common flexicurity principles.

6. Exploiting the full potential of EU funding programmes

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The Commission will examine the possibility to step up the promotion of entrepreneurship mobility for young people, in particular by increasing Erasmus work placement mobility, promoting entrepreneurship education in all levels of the education system and in the EIT, enhancing business participation in Marie Curie actions and by supporting the ‘Erasmus for young entrepreneurs’ initiative.