The project Experiential Live Project Enhancement (ELPE) will develop and create a new model for live projects, whereby consultancy groups will comprise of students from different countries acting as both consultants who are implementing new ideas, businesses etc as well as external consultants to advise them. This would further enhance the experiential learning environment. This project - is a continuation of the TARSI (Tailored Applied Research System Implementation Project, LLP-LDV-TOI-2009-LT-0030, 2009-2011). The aim was to develop the TARSI in colleges to strengthen cooperation links with social partners-companies, to improve the study process in terms of practical training. Partners working together and monitoring the results obtained; the system is useful but it is necessary to develop and introduce new methods to encourage students' creativity, the ability to work in a team, cooperation between higher education institutions and countries. In this project the main part of Partners Network from the project TARSI is involved – it is leader partners: Centro Internazionale di Studi e Ricerche sull’Economia Turistica (Italy), Utenos kolegija (Lithuania) and for transferring innovations and for getting new experiences, practice cases there are involved two new partners: HAAGA-HELIA OY AB (Finland), Fundació Universitat Autònoma de Barcelona (Spain). THE AIM OF THE PROJECT is to build a strategic partnership to support the adoption live projects in the role of students’ consultancy at a European and regional level and to integrate this innovative methodology with e-learning, thus positively contributing to quality and modernization of undergraduate and post-gradute curricula, youth employment, and the engagement of HEI’s with businesses and local authorities. Furthermore, the project aims at fostering creativity and innovation in the study process. OBJECTIVES OF THE PROJECT: to integrate academic and prior experiential knowledge with that of personal development attributes and employability skills by supporting and promoting the use of live project within EU HEIs. THE METHODOLOGY applied in the project will promote science and business synergy and create appropriate conditions for interaction of educators, students and business entities. For the external partners (community and business enterprises) there is an opportunity to get to access to university expertise and resources; contribute to the study programmes and in some cases encourage academic staff development. And for the HE benefits include building links and networks in the wider community; a better understanding of employers’ requirements with respect to graduate skills; opportunities to contribute to the economic and social strength of the local area; active learning programmes for the students. EXPECTED IMPACT is to gain experience or to renew and update the participants experiences in student live projects within an experiential learning environment; for participants to gain or renew their training in student group consultancy, to apply this experience in some form of academic environment together with up to date and relevant business contacts. The participants will gain international partnership experience and be able to share this with their home students. Collaborative business partners will be able to gain significant research and consultancy expertise to develop and solve their problems and opportunities whilst gaining an opportunity to mentor and encourage young people to work in their chosen industry. Collaborative partners will have an opportunity to increase their professional working relationships with academics and seek further creative outputs with students. Students improved level of transversal skills, especially team - working, relationship, communication, stress management, etc.; improved level of employability, managerial and entrepreneurial skills and meta-skills, better understanding of the relationship between “theory” and practice” and of the utility of the higher education content. Better access to information not only on the present needs of the industry in terms of skills, but on the future ones, thanks to the combination of the innovative drive brought by HEIs and their stronger links to the industry created by live projects. The main project TARGET GROUP is HEI's academic staff, then students and business representatives. The project is based on live projects innovative approach to develop relevant and high quality skills and competences. Its application in higher education will innovate the teachers' skills and methodologies, and provide opportunities for the learner to develop competences and skills essential in a professional career context.