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ScholarshipMerit based

EMJM Impact Entrepreneur Scholarship

EMJM Consortium

EntrepreneurshipBusiness ManagementSocial InnovationSustainabilityEconomicsEngineeringInformation Technology

Key Statistics

Grant Amount

Varies by year

Location

Europe (Multiple Partner Universities)View Europe (Multiple Partner Universities) Guide →

Deadline

Varies by year

About this Scholarship

The EMJM Impact Entrepreneur Scholarship is designed to support outstanding students who demonstrate a strong commitment to entrepreneurship with a social or environmental impact. Offered through the Erasmus Mundus Joint Master (EMJM) programs, this scholarship targets individuals pursuing advanced studies in entrepreneurship-related fields across multiple European universities. The scholarship aims to foster innovative thinking and practical solutions that address global challenges, encouraging students to develop ventures that create positive societal change. Candidates are selected based on academic merit, entrepreneurial potential, and their capacity to contribute to sustainable development goals. The scholarship covers tuition fees and provides a living allowance, enabling recipients to focus on their studies and entrepreneurial projects without financial constraints. The EMJM Impact Entrepreneur Scholarship is part of a broader initiative to promote cross-cultural collaboration and knowledge exchange among students from diverse backgrounds, preparing them for leadership roles in the global entrepreneurship ecosystem.

Eligibility & Overview

Financial Grant

Full or partial tuition waiver plus monthly living allowance

Scholarship Type

Merit based

What's Covered

Tuition fees
Monthly stipend for living expenses
Travel costs (depending on country of origin)
Health insurance
Participation costs related to the program

Description

The EMJM Impact Entrepreneur Scholarship is part of the Erasmus Mundus Joint Master programs funded by the European Union to promote high-quality education and international mobility. This scholarship specifically targets students enrolled in entrepreneurship-focused joint master degrees that emphasize social impact and innovation. Applicants are evaluated on academic excellence, leadership qualities, and their demonstrated commitment to creating sustainable entrepreneurial ventures. The selection process typically involves submission of academic transcripts, letters of motivation, recommendation letters, and sometimes interviews or project proposals. Recipients benefit from a comprehensive financial package that includes tuition coverage, a monthly stipend to cover living costs, and additional support for travel and insurance. The scholarship encourages students to engage in interdisciplinary learning and collaborate with peers and faculty across partner universities. This international exposure equips scholars with diverse perspectives and practical skills necessary for launching impactful enterprises. The program also fosters networking opportunities with industry professionals, social entrepreneurs, and alumni, enhancing career prospects. While the exact number of scholarships and amounts awarded vary annually, the program maintains a competitive selection standard to ensure support is given to candidates with the highest potential for societal impact through entrepreneurship. Interested applicants should consult the official Erasmus Mundus and individual program websites for the most current information regarding eligibility, application procedures, and deadlines.

Key Benefits

Full or partial tuition fee coverage reduces financial barriers to advanced education.

Monthly stipend supports living expenses, allowing students to focus on studies and entrepreneurial projects.

Travel allowances facilitate mobility between partner universities across Europe.

Health insurance coverage ensures access to medical care during the study period.

Access to a network of international universities and industry partners enhances career development.

Opportunities for interdisciplinary collaboration foster innovation and practical skills.

Financing Information

Comprehensive Financial Support Through Erasmus Mundus Funding

The EMJM Impact Entrepreneur Scholarship is financed through the Erasmus+ program of the European Union, which allocates funds to support joint master degrees involving multiple European universities. The scholarship is designed to cover tuition fees fully or partially, depending on the specific program and the candidate’s profile. In addition to tuition, recipients receive a monthly living allowance aimed at covering accommodation, food, and other daily expenses. Travel costs are also reimbursed or provided as a lump sum to facilitate mobility between partner institutions, especially for students coming from non-European countries. Health insurance is included to ensure that students have access to necessary medical services during their studies. The funding is subject to annual budget allocations and program priorities, which means the number of scholarships and grant amounts may vary each year. Applicants should be aware that while the scholarship covers many costs, some incidental expenses may not be included. The scholarship is awarded competitively, with selection committees reviewing academic records, motivation, and entrepreneurial potential. The financial support enables students from diverse backgrounds to pursue high-quality education and entrepreneurial training without significant financial burden, promoting inclusivity and diversity within the program.

Funded by the European Union’s Erasmus+ program supporting joint master degrees.
Includes tuition coverage, monthly stipends, travel allowances, and health insurance.

Apply for EMJM Impact Entrepreneur Scholarship

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* Disclaimer: Information provided here is subject to change. Applicants should verify all details, including eligibility criteria, deadlines, and funding amounts, directly with the Erasmus Mundus Joint Master program coordinators or official Erasmus+ websites before applying.