Successful completion of the BEEHIVE project, coordinated by Varna University of Management

Varna University of Management, as the main coordinating institution of the BEEHIVE project /Building Entrepreneurial Ecosystems to Enhance Higher Education Value-Added for Better Graduate Employability/, is proud to announce the successful completion of the project, which began back in 2016.

Funded through the Erasmus+ Programme, its main aim was to build sustainable university-based entrepreneurial ecosystems at the higher education institutions involved.

The official report from the Education, Audiovisual and Culture Executive Agency (EACEA) has assessed and qualified the project implementation as "VERY GOOD" - the highest possible qualification regarding the above-mentioned Capacity Building in the field of Higher Education (CBHE) project. 

Some of the chief results of the projects are the improvement of students’ and graduates’ employability, Throughout the implementation of the project, the partnering institutions worked together to help build students’ entrepreneurial and business skills, as well as their ability to create self-employment and start-up opportunities.

The project has designed the BEEHIVE Label as a tool for quality assessment and certification of university entrepreneurial ecosystems.



We thank Saint Louis University /SLU/ in the Philippines for their letter of appreciation. For VUM's team it was a pleasure to have SLU on board in BEEHIVE, appreciating the consistent SLU team's positive and open-minded approach and the hard work of everyone involved.

Varna University of Management, as the coordinating institution, takes the opportunity to thank all the key players and contributors to the BEEHIVE project:

  • University of Thessaly – Greece
  • Reykjavik University – Iceland
  • Marconi University – Italy
  • Innovation & Management Centre WestBIC – Ireland
  • Universitas Indonesia – Indonesia
  • Universitas Bina Nusantara – Indonesia
  • University of Asia & the Pacific Foundation – Philippines
  • Mapua Institute of Technology – Philippines
  • Universitas Sancti Aloysii – Philippines
  • IdeaSpace Foundation – Philippines


More information on the BEEHIVE project and its aims and outcomes can be found on the official website of the project.

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