CYCLES - Child and Youth Caretakers Financial Literacy and Entrepreneurship Skills“

Erasmus+ Strategic Partnership for Adult Education CYCLES – Child and Youth Caretakers Financial Literacy and Entrepreneurship Skills Coordinator: FH JOANNEUM Gesellschaft mbH (Austria) Project Duration: 01.10.2017-30.09.2019

General Information

The CYCLES project is set to improve entrepreneurship skills and financial literacy of child and youth care practitioners (CYCP).

Child and youth care systems in countries across Europe provide decent support for children and adolescents with complex needs. However, in most countries care ends at the age of 18, leaving the so called young care leavers to stand on their own feet and earn a living. Young care leavers (YCL) belong to the most vulnerable groups in European societies, exhibiting an above-average propensity to fall into unemployment, poverty, criminality and other undesirable developments. YCL employability would increase substantially with improved financial literacy and entrepreneurship skills. The problem is, however, that YCL hardly get the chance to develop such skills during care. After all, even a majority of their caretakers have deficits in this field, as there are rarely any economic subjects in their studies or formation.

Therefore, CYCLES addresses child and youth care practitioners as multipliers: CYCLES empowers CYCP to act as financial literacy and entrepreneurship mentors, pass on their skills and help establish favourable conditions for further capacity building.

Link to website: http://cycles.fh-joanneum.at/