Project Europe launches to support young entrepreneurs
Comments Off on Project Europe launches to support young entrepreneursSource: Silicon Canals
Project Europe has been established as an independent initiative to foster innovation and entrepreneurship across Europe. Unlike traditional programmes, it operates without political affiliations or ideological ties.
The initiative is designed to encourage young entrepreneurs to take risks and transform their ideas into viable businesses. According to its website, Project Europe aims to develop into an independent organisation that supports grassroots entrepreneurship, with contributions from founders and partners for future cohorts.
A key objective is to help startups with European roots while allowing founders the flexibility to expand internationally. Whether they establish remote-first companies or relocate their businesses, the initiative focuses on ensuring they build strong foundations before scaling globally.
Backed by experienced founders
Project Europe has received support from over 125 European founders who are committed to mentoring and investing in emerging entrepreneurs.
The programme is open to individuals under 25 who are developing technology-driven solutions to complex challenges. There are no formal education or prior funding requirements, only a clear vision and a commitment to building in Europe.
Each year, Project Europe selects 10-20 founders at the early idea stage and provides an initial investment of €200,000 in exchange for 6.66% equity if leading the round.
Structured support system
To assist participants in developing their businesses, Project Europe offers:
- 1:1 Mentorship: Founders receive guidance from experienced partners.
- Masterclass sessions: Sessions on sales, product development, and growth, led by industry experts.
- Annual retreat: A gathering for each cohort to network and collaborate.
- Access to 20VC media: Support for content, marketing, and distribution.
- Guidance from European founders: Advice from established entrepreneurs backing the initiative.
By providing financial support and structured mentorship, Project Europe seeks to help young innovators build successful ventures from the ground up.