"“Powering Youth Entrepreneurial Potential” was a two-stage international youth exchange project which gathered 32 young people from 4 countries (Germany, Armenia, Hungary and Georgia) and empowered them with entrepreneurial attitudes and mindset. Unemployment has been identified as a big concern in Europe and beyond. Today’s world is marked by widespread focus on economic development, technological advancement and global integration. Yet, we still witness widespread unemployment, especially among young people who are left outside the prosperity loop and who find it more and more difficult to access ever-changing labor markets. This problem has been aggravated given the current context concerning young migrants, refugees and asylum seekers in Europe. The frustration and disempowerment of the disadvantaged youth in general and these young migrants and asylum seekers in particular can breed low self-esteem, low motivation, cynicism and radicalization. We believe that long term solution of this problem lies not in externalities of macro economics or policy but in hearts and minds of young people. A renewed mindset is needed for young people to understand that even in the most difficult situations they have more control over their lives than they think and through entrepreneurial spirit, procactivity and strategic approach they can spot values, seize opportunities, assess and take risk and grow. Instead of seeking a job, they can create one for themselves. Overall aims & Objectives:The main aim of this two-stage Youth Exchange was to create a platform and a process where young people experienced empowerment themselves and were equipped to empower others in their communities through exchange of ideas, stories, attitudes, techniques and tools that promoted entrepreneurial spirit and skills of young people in general and marginalized youth among refugees/asylum seekers and migrants in particular. One journey: 2 stages!The international exchange project “Powering Youth Entrepreneurial Potential” was comprised of two stages: The first stage was the weekend-long Web Conference where participants met up in the on-line realm, explored the subject, its challenges and opportunities and decided the themes, topics and methods of Exchange. In between the first and the second stage participants did research and observation in their local communities to find useful insights and opportunities for value creation, entrepreneurship and employability. The second stage was the actual Youth Exchange which gathered insights, learning, inspirations and experience of participants from their local communities and translated them into concrete business ideas and quality youth projects to be carried out under Erasmus + Programme. Objectives of the first stage- Weekend Web Conference (10-11 November 2018) were:-Explore the concept of self-employment and achieve a common understanding of youth employability.-Analyze the current situation of young people today especially marginalized youth among refugees/asylum seekers and migrants and understand their hopes, dreams fears and barriers for their personal development.-Form teams from participants to do research and observation in their local communities after they return in order to find useful insights and opportunities for entrepreneurship Objectives of the second stage-Youth Exchange Activity in Armenia (8-17 December 2018) were: -Gather insights, learning, inspirations and experience of participants from their local communities and translate them into concrete project ideas. -Equip participants with knowledge and skills in the field of project management in order to enable them to develop quality youth projects. -Identify existing resources for the young entrepreneurs and share know how on social enterprises to link youth among refugees/asylum seekers and migrants with business and entrepreneurship. -Promote Erasmus + Programme and explain how young people especially marginalized youth among refugees/asylum seekers and migrants can be involved in it. -Develop concrete business ideas and entrepreneurial initiatives. -Transfer skills and knowledge by developing and publishing online the ""Catalog of Youth Entrepreneurship Ideas and Initiatives"" The Youth Exchange was based on non formal learning methods and principles, intercultural dialogue and communication including group discussions, interactive presentations, participant’s lead workshops, etc. Youthpass tool was used throughout the project to help young people reflect regularly on their personal learning journeys. The methodology of the project stimulated active participation and sense of initiative and involvement of the learners. It aimed to create a learning space with better self-awareness and awareness of the needs and goals of the groups of young people they work with to enhance the results of the learning process and give birth to high quality projects led by the participants in the future."