According to EUROSTAT latest statistical review, the largest EU-28 subsectors in terms of value added and employment are the manufacture of machinery and equipment and the manufacture of fabricated metal products. Additionally, the European engineering industry plays a vital role in the economic recovery of Europe and the ambitious goal to increase the industrial output by 2020 to more than 20% of the GDP. At the same time, EC reviews and reports show that institutional arrangements, national legislation and practice are still insufficiently coherent to coordinate VET activities in a way that benefits both – students/trainees and the business, in order to allow for matching future workforce knowledge, skills and competencies to labour market needs.Therefore, the 3MVET proposal, joining the efforts of eight organisations highly active in the field of VET from four countries, is offering an innovative contribution to addressing the above highlighted challenge. Through cooperation between VET providers, leading supplier of educational and professional literature, academics with background and expertise in vocational training at secondary and tertiary level, research and innovation leader, large enterprise employer in the targeted economic sector and facilitator of cooperation between the education and the world of business, our consortium aims at designing, developing, testing, validating and piloting:- methodological materials for teachers responsible for the curriculum and syllabus delivered in VET schools and cooperation with companies (to cover vocations in the field of „Mechanical Engineering, Metalworking and Metallurgy“), i.e. 3MVET Teachers’ Handbook;- training materials for company mentors engaged in the delivery and monitoring of work placement activities for apprentices/students (to cover occupations in the field of „Mechanical Engineering, Metalworking and Metallurgy“), i.e. 3MVET Mentors’ Handbook;- matrix mapping expected learning outcomes, acquired by VET students/trainees/professionals (in the field of „Mechanical Engineering, Metalworking and Metallurgy“) through theoretical and practical experiences against a common framework to allow for recognition of knowledge, skills and competencies as a result from study, work placement or labour mobility, i.e. 3MVET Recognition Matrix.As part of our further effort to enhance knowledge, skills and competencies of our most imminent target groups (teachers and mentors), we are also envisaging a joint staff training to be conducted in Germany.We plan to achieve our objectives over a two-year project lifetime to also involve thorough evaluation, quality assurance and extensive dissemination at national and European levels. The project is expected to directly benefit at least 3368 individuals, to include teachers, mentors, other VET stakeholders and have an impact on VET students, trainees and professionals, in the field of Mechanical Engineering, Metalworking and Metallurgy. The impact we expect to achieve at different levels could be summarised as follows:- increased competencies to design structured, up-to-date and relevant VET (at school and company level);- increased knowledge on how to build long-term education-business partnerships to foster economic prosperity;- recognition of learning outcomes and qualifications.The desired long-term impact of the 3MVET project is to contribute to boosting employability at European level and economic prosperity through increasing the relevance of VET provision and applying successfully the principles of dual modality.