Right now, almost 582 million entrepreneurs are existing in the world. Nations across the globe are still trying to boost entrepreneurship because of their unique advantages to the economy in terms of new job creation, innovative product development, competitiveness, and achievement of social objectives.
However, there are several obstacles faced by young entrepreneurs during this entire journey. It seems that offering entrepreneurship education and scholarship opportunities is a great way to support new start-ups and unlock the business potential of people.
Regardless of the fact that you are a student of business, a prospective businessman, or simply fascinated by business management studies, you can always go for scholarship opportunities in entrepreneurial studies. The only condition that you have to fulfil is to have an ‘entrepreneurial mindset’.
I have yet to meet anybody who didn’t want to see plenty of scholarships for passionate students.
This post is precisely for people with a high entrepreneurial spirit. Here are the ten most searched latest 2020 entrepreneurship scholarships for international students.
Top 10 EU Scholarships For International Entrepreneurs You Can Apply Today
1. European Development Days (EDD) Young Leaders Program 2020
If you are a true environmental entrepreneur at heart and have a desire to play an active role in protecting the natural environment, then Young Leaders Program is for you. The EDD program is organized by the European Commission, which invites seventeen young individuals each year to present the climate change issues and potential solutions to the world. During the entire program, students are taken to Brussels, where they meet EU leaders and experts and share their ideas and perspectives on creating a powerful impact on the sustainable development field.
2. Young Entrepreneur Scholarship
The Young Entrepreneur scholarship was an initiative by the IE University. The students who have taken part in any social project and business start-up in the university studies are eligible to apply. This scholarship opportunity is exceptionally appealing for most university student as it covers almost 50% of the tuition fee. Students under the age of 40 who have a small business plan can earn this scholarship worth $2,000.
3. International Tech Hub Network Go Global Africa 2020
For the upcoming academic year 2020 to 2021, the International Tech Hub Network Go Global Africa entrepreneurship scholarship program has returned. With its scholarship program, the Department for Digital, Culture, Media and Sport (DCMS) support its mission to support Africa community of entrepreneurs located in Nigeria, Kenya, and South Africa to manage their business globally. Students will get complete financial coverage, including travel, accommodation, and meals. A total of fifteen most promising small business start-ups from Africa will be selected and invited to the UK in March 2020. Besides studies, the students will be offered English-taught training for improving most wanted crucial business and digital skills for modern entrepreneurship.
4. Heinrich Boll Foundation Scholarships
The most popular completely funded business and entrepreneurship scholarships by Heinrich Boll Foundation are open for international students including EU and non-EU students. The students have to abide by the guidelines of Germany’s Federal Ministry of Education and Research to become eligible for the scholarship award. Students are allowed to complete their Master and PhD program in any fields taught at the university, including entrepreneurship.
5. DAAD Scholarships in Germany 2020-2021
This is another exciting opportunity for international students from developing countries to get a full-tuition entrepreneurship scholarship. The German Academic Exchange Service or DAAD is a Germany based Scholarship program supporting over 100,000 students for postgraduate courses. This scholarship initiative is taken by the Federal Ministry for Economic Cooperation and Development. You can pursue your Master’s Degree or PhD with a duration of 1 year and three years from the designated universities.
6. Babson Network for Teaching Entrepreneurship (NFTE)
The Babson NFTE Scholarship is a wholly funded four-year scholarship program that gives successful candidates fee waiver worth $5000 each year for four years. Students are required to participate in “Network For Teaching Entrepreneurship” to submit their application ad become eligible for the financial aid. The good news is that this amount set for the scholarship program rises each year. You just need to be creative in terms of presenting your passion in an essay and video presentation. You should state why you are interested in entrepreneurship and how you will improve the local and global community through twenty-first-century entrepreneurship. If you want to increase your chances of success, go to FreeEssayWriters and Academist Help for getting assistance on writing a perfect personal statement.
7. HHL Future Entrepreneur Scholarship
The HHL Future Entrepreneurship Scholarship is a full-time MBA program perfectly designed for your career and personal development. Although you will not get full financial coverage, the quality of education is guaranteed. The whole program is focused on building educated and responsible entrepreneurial leaders through excellence in research, knowledge, and practice. You have to pay 75% of the tuition fee while the university will pay the rest. This means that you will get a tuition waiver of EUR 13,500. To pass the selection criteria, you must hold an undergraduate degree in any field of business, including three-year experience. Additionally, a good GMAT score above 650 will be a plus.
8. Romanian Ministry Of Foreign Affairs International Awards, 2020
Based on H.G. 288/1993, the Romanian state has offered and 18 months scholarship program 2020-2021 strictly reserved for international students. The applicants must not be from European Union member states and must not hold Romanian citizenship. Candidates need to take admission in the program of the University of Romania first to earn this scholarship. Since it is a fully-funded scholarship so you can study and enjoy the beauty of Romania without getting worried about the tuition fee.
9. VLIR-UOS Training and Masters Scholarships in Belgium
If you still think about whether international students are entitled to full scholarships, then you must not have heard about the VLIR-UOS Training and Masters Scholarships in Belgium. This scholarship program is specially designed for the business-minded people of 31 developing countries within Asia, Africa, and Latin America. The purpose of this scholarship program is to equip individuals with the knowledge and tools essential to meet the local and global challenges. The scholarship program will also cover a five-day training program to polish the skills and abilities of the entrepreneurs to adjust the thriving tech environment.
10. Swedish Institute She Entrepreneurs Leadership Program 2020
If you want to be a part of the world’s most influential network of women entrepreneurs, then apply for She Entrepreneurs where you will get hands-on experience and insights about how to promote small business in an increasingly competitive environment. If you are a woman entrepreneur living in the geographical region of the Middle East and North Africa (MENA) with ages between 22 and 45 and have a business plan which is in its infancy stage, you can apply it for this program.
Conclusion
Small ambitious enterprises act as fuel for an economy. Entrepreneurship act as a driving force for competitiveness, job creation and growth. Also, it contributes towards the achievement of social objectives along with personal fulfilment. Thus, possibilities are endless for those who excel. Good luck.
Author Bio
Claudia Jeffrey serves as a Linguistic Assistant at Crowd Writer, a trustworthy platform to buy dissertation online. She is a results-driven content specialist and produces provocative and compelling essays to inspire others. In her spare time, she connects with like-minded people on networking platforms.
