New Entrepreneurs subsidy programme for persons aged 18 - 29 with particular emphasis on women
Business Initiative Subsidy Programme for new entrepreneurs aged 18-29, with particular emphasis on women
OBJECTIVE
Aim of the action is to promote the entrepreneurship of 2.900 young persons by creating sustainable businesses with particular emphasis on women (60% of the beneficiaries will be unemployed women).
BENEFICIARIES
Beneficiaries are unemployed persons registered with DYPA Register, aged 18-29, considered as NEETs (not in education, employment or training) and who submit a funding application, which includes a business plan proposal.
DURATION AND SUBSIDY AMOUNTS
The programme lasts 12 months and the amount of support for new businesses amounts to 14.800 euros, paid in three instalments as follows:
- 1st instalment amounting to 4.000 Euros, after the start date of the business activity at DOY (public finance department)
- 2nd instalment amounting to 5.400 Euros after the end of the 1st semester from the start date
- 3rd instalment amounting to 5.400 Euros after the end of the 2nd semester from the start date
3rd PROGRAMME CYCLE
12-07-2023 Click here for the Announcement (table of additional projects)
12-07-2023 Table of approved projects (68)
11-07-2023 Click here for the Press Release (table of the approved projects after the procedure of objections)
11-07-2023 Table of 144 approved projects after the procedure of objections
20-06-2023 Click here for the Press Release (posting of tables)
20-06-2023 TABLE OF APPROVED APPLICATIONS
20-06-2023 TABLE OF APPROVED APPLICATIONS WHICH DO NOT RECEIVE FUNDING DUE TO BUDGET LIMITATIONS
20-06-2023 TABLE OF REJECTED APPLICATIONS
09-06-2023 Click here for the Press Release (end of applications)
30-05-2023 Click here for the Press Release
09-05-2023 Click here for the relevant Press Release (start of applications)
2nd PROGRAMME CYCLE
16-03-2023 Click here for the Press Release
16-03-2023 Table of 284 approved projects after the procedure of objections
29-12-2022 Click here for the Press Release
29-12-2022 Table of approved projects (297)
22-12-2022 Click here for the Press Release
22-12-2022 TABLE OF APPROVED APPLICATIONS
22-12-2022 TABLE OF APPROVED APPLICATIONS WHICH DO NOT RECEIVE FUNDING DUE TO BUDGET LIMITATIONS
22-12-2022 TABLE OF REJECTED APPLICATIONS
21-11-2022 Click here for the Press Release on the completion of applications
24-10-2022 Click here for the relevant Press Release (start of applications)
1st PROGRAMME CYCLE
10-06-2022 SUPPLEMENTARY TABLE OF APPROVED APPLICATIONS (after the procedure objections)
17-09-2021 Click here for the relevant Press Release (Assessment Result Tables of the funding applications)
17-09-2021 TABLE OF APPROVED APPLICATIONS
17-09-2021 TABLE OF REJECTED APPLICATIONS
03-06-2021 Click here for the Press Release (end of applications)
28-04-2021 Click here for the relevant Press Release (start of applications)
Instructions for Submitting a Payment Request for the 1st Instalment
Approval Decision and Amendments
20-10-2023 15th Amendment of the Approval Decision
11-09-2023 14th Amendment of the Approval Decision
23-08-2023 13th Amendment of the Approval Decision
06-06-2023 12th Amendment of the Approval Decision
17-05-2023 11th Amendment of the Approval Decision
29-03-2023 10th Amendment of the Approval Decision
14-02-2023 9th Amendment of the Approval Decision
19-10-2022 8th Amendment of the Approval Decision
16-09-2022 7th Amendment of the Approval Decision
14-07-2022 6th Amendment of the Approval Decision
17-06-2022 5th Amendment of the Approval Decision
23-05-2022 4th Amendment of the Approval Decision
16-03-2022 3rd Amendment of the Approval Decision
18-02-2022 2nd Amendment of the Approval Decision
17-02-2022 1st Amendment of the Approval Decision
01-02-2022 Beneficiaries Approval Decision
29-12-2022 Ministerial Decision Amendment (OGG 6791/28-12-2022)
01-12-2021 Non-eligible KAD (Business Activity Code) Table (highlighted in red)
28-04-2021 OGG 1729/Β/27-04-2021
28-04-2021 Public Call
