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682 European Entrepreneurship%u25aa European integration with free movement of goods, services, capital, andlabour;%u25aa European policy initiatives (e.g. better regulation, reduction in administrativeburden, one-stop-shop concept);%u25aa Entrepreneurial ecosystem and support for innovation and startups (e.g.EU startup visa, Blue Card scheme to attract non-EU talent, guide on doingbusiness in the EU)%u25aa Access to funding and cross-border collaboration (e.g. various EU fundingprogrammes and financial support such as Horizon Europe, Erasmus forYoung Entrepreneurs)%u25aa Social and sustainable entrepreneurship (e.g. %u201czero%u201d initiatives);%u25aa European tools to enhance entrepreneurial education (e.g. EntreComp,HEinnovate, the Better Entrepreneurship tool).The European context for entrepreneurship is dynamic and continues to evolve.Governments, institutions, and stakeholders in the region are actively workingto foster innovation, support startups, and create an enabling environment forentrepreneurs to thrive and contribute to economic growth and job creation.ConclusionEntrepreneurship is the practice of seizing new business opportunities for profit,involving innovation, risk-taking, and resource mobilisation. It is a multifacetedconcept with different perspectives and emphasises both vision and practicalskills. The entrepreneurial process consists of three phases: orientation(exploring entrepreneurship and evaluating ideas), decision-making (whether toproceed or not), and action (validating the idea, developing a plan, and startingthe venture). Entrepreneurship offers independence, personal growth, flexibility,unlimited income potential, the pursuit of passion and purpose, job creation,innovation, networking opportunities, and various types of entrepreneurships.The entrepreneurial ecosystem is a network of stakeholders working togetherto enhance entrepreneurial attitudes and activities within a specific socioeconomic context. Key players include government bodies, educationalinstitutions, financial institutions, business support organisations, mentors,investors, successful entrepreneurs, and the broader society.Business modelling is a way to visualise and describe how an organisationcreates, delivers, and captures value. It involves considering nine core blocksto build a holistic business model, which defines the organisation%u2019s valuecreation and capture strategies.