This paper arises from the contents of the Lisbon Strategy, a set of cooperation policies stressing the role of education and training. The findings from a comparative study of the influence that entrepreneurial training--classified as formal or informal--can have on start-up expectations are analysed. The study covers fifteen European countries and uses data derived from the Global Entrepreneurship Monitor (GEM) website. The results of a logistic regression model show significant differences across Europe: in some countries, start-up expectations are influenced only by participation in formal entrepreneurial training programmes; in others, they are affected only by participation in informal entrepreneurial training activities; in yet others, such expectations are induced by both formal and informal entrepreneurial training. Regarding the current status of entrepreneurial training, it appears that although the fifteen European countries are following the correct path there is still much to do to achieve the overall objectives established by the Lisbon Strategy. Some recommendations for policy makers and the implications for future research are suggested in the concluding section of the paper.