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This paper presents an on-going European ERASMUS project to develop training programs and tools for Industry 4.0. After an introduction on the background and objective of the project, the paper will give an overview on the structure, partners and organization of the project. Based on the State-of-the-art, the targeted intellectual outputs (IOs) will be presented in detail and the set of planned activities to achieve IOs are outlined. The project progress and preliminary results are shown and the concluding summary will be given at the end of the paper.