unding and Grants

 Application Process: Organizations apply for funding through annual calls for
proposals. The process is competitive, with detailed guidelines provided by the
European Commission and National Agencies.
 Eligibility: Wide range of public and private organizations involved in education,
training, youth, and sport. Individuals can apply for certain mobility opportunities
through their institutions.
 Budget: The budget for Erasmus+ 2021-2027 is over €26 billion, a significant increase
compared to the previous cycle, reflecting its importance in the EU’s strategy for
education and youth.

Objectives and Impact

 Inclusivity: Erasmus+ aims to be inclusive, providing opportunities for people from

all backgrounds, including those with fewer opportunities.
 European Identity: Promotes a sense of European identity through cultural exchange
and understanding.
 Employability: Enhances the employability of participants by providing them with
international experience and skills valued by employers.
 Innovation and Modernization: Encourages innovation in educational practices and
institutional modernization.

Overall, Erasmus+ is a vital tool for fostering international collaboration, personal and
professional development, and the modernization of educational systems across
Europe and beyond.