Project "CYCLES – Child and Youth Caretakers Financial Literacy and Entrepreneurship Skills"

CYCLES is a EU-funded project, realized by the following partnerership: : FH JOANNEUM Gesellschaft mbH - project coordinator (Austria); Fundacja Samodzielni Robinsonowie (Poland); The Federal Association of Therapeutic Communities (Austria); Groupe SOS Jeunesse (France), FICE-Bulgaria and IKJ (Germany).

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.

CYCLES empowers CYCP to act as financial literacy and entrepreneurship mentors, pass on their skills and help establish favourable conditions for further capacity building.

The CYCLES project has created and implemented a training on financial education and entrepreneurship for CYCP in order to upgrade their skills and to allow them to transfer the knowledge to YCL to prepare them for their future individual daily life.

The main output of the project is the CYCLES training, which was developed by the project consortium with the input from different perspective. The training consists of 4 modules which were developed and implemented by the project consortium. It is essential that the consortium has worked together in the development and implementation phase and each partner has added knowledge according to their expertise.