The EU 2020 strategy highlights the need to embed creativity, innovation and entrepreneurship into education and proposes a number of actions to unleash Europe's entrepreneurial and innovative capabilities. There is a need to stimulate the entrepreneurial mindsets of young people and to create a more favourable societal climate for entrepreneurship, as the EU is not fully exploiting its entrepreneurial potential. Education has an important role to play in improving the entrepreneurial key competence of European individuals.