The European Commission has launched a public consultation which will run until 19 May 2017 with a view to updating the 2006 Recommendation on Key Competences for Lifelong Learning. This review will seek to determine which skills and competences people need to acquire to succeed in the labour market and in life, with a particular focus on entrepreneurship education. The review was announced in the Commission’s New Skills Agenda for Europe adopted in June 2016. The goal is to develop a shared understanding of key competences needed (from reading and writing, horizontal skills to digital competences) and to further foster their introduction in education and training curricula. The consultation also aims at gathering information on tools and processes to support key competences development. The Recommendation on Key Competences contributes to the improvement of quality education and training tailored to the needs of European societies and will now be reviewed to reflect political, social and technological developments since 2006.