Even if today's labour market is directing towards a skill-based approach for employment, the usual way that Universities and enterprises are collaborating are through the use of qualification degrees. This can create problems since employers do not have information about what the degree stands for. The aim of the project is to promote the skills-based approach through the use of an online "matching skills" tool will be used by the enterprises to describe their job positions in terms of skills and the universities to describe in terms of skills their qualifications. Together with this tool (the main outcome of the project) two other web tools (an e-learning platform and a collaborative tool for publication of joint activities) will be developed as supportive tools for this process. Also a stakeholders network will be developed in order to bring the stakeholders of the project together, foster their cooperation and ensure the sustainability of the results of the project.The products will be developed on the basis of an initial study developed earlier in order to identify the exact needs of the target groups. The target groups are universities, enterprises, students/ graduates and their associations (together with the employment agencies in the longer term). The consortium of the project is made of 9 partners from 6 countries (Greece, Cyprus, Italy, Spain, Germany, Romania). 3 of the partners are universities, 1 is an SME association, 1 an employers' association, 1 SME and 3 University-Enterprise Training Partnerships. The envisaged impact is improved transparecy of the skills of the university graduated, fact which will lead to the improvement of their employability chances as well as to the improvement of the possibilities of the enterprises to find appropriate staff. Furthermore, in this way the skills gaps between the skills offered by the universities and needed by the enterprises can be easily detected and corrective action could be taken.