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New Entrepreneurs subsidy programme for 3.000 persons aged 18 - 29 with particular emphasis on the digital economy

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Business initiative subsidy programme for 3.000 young entrepreneurs aged 18 - 29 with particular emphasis on the digital economy

OBJECTIVE

To promote entrepreneurship and to enhance Greece's digital economy by supporting unemployed persons aged 18-29 to create 3.000 new and sustainable businesses.

BENEFICIARIES

Unemployed persons, registered with DYPA who when applying:

  • Are aged up to 29
  • Have agreed upon an Individual Action Plan
  • Are Greek citizens or citizens of another EU member state or expatriates with the right to stay and work in Greece or third country citizens with a valid residence permit for at least the duration of the programme.
  • Have completed their military service or have been legally discharged (for male applicants).

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

12-09-2022 Click here for the Programme's Information Factsheet

12-09-2022 Click here for the Manual to apply for the funding

3rd PROGRAMME CYCLE

18-07-2023 Click here for the Press Release (objections results)

18-07-2023 SUPPLEMENTARY TABLE OF APPROVED APPLICATIONS (AFTER THE PROCEDURE OF OBJECTIONS)

23-06-2023 Click here for the relevant Press Release (Assessment Result Tables for the funding applications)

23-06-2023 TABLE OF APPROVED APPLICATIONS

23-06-2023 TABLE OF REJECTED APPLICATIONS

12-06-2023 Click here for the Press Release

01-06-2023 Click here for the Press Release

11-05-2023 Click here for the relevant Press Release (start of applications)

2nd PROGRAMME CYCLE

26-07-2023 Announcement - Another 33 young persons will receive funding amounting to 14.800 Euros to start their own business

26-07-2023 SUPPLEMENTARY TABLE OF 33 APPROVED APPLICATIONS(AFTER THE PROCEDURE OF OBJECTIONS)

16-06-2023 Click here for the Press Release (objections results)

16-06-2023 SUPPLEMENTARY TABLE OF APPROVED APPLICATIONS (AFTER THE PROCEDURE OF OBJECTIONS)

07-04-2023 Click here for the relevant Press Release (Assessment Result Tables for the funding applications)

07-04-2023 TABLE OF APPROVED APPLICATIONS

07-04-2023 TABLE OF REJECTED APPLICATIONS

13-03-2023 Click here for the relevant Press Release (extension of the application deadline)

09-03-2023 Click here for the Press Release

13-02-2023 Click here for the relevant Press Release (start of applications)

07-02-2023 Click here for the relevant Press Release

1st PROGRAMME CYCLE 

17-02-2023 2ND SUPPLEMENTARY TABLE OF APPROVED APPLICATIONS (AFTER THE PROCEDURE OF OBJECTIONS)

06-12-2022 Click here for the Press Release (objections results)

06-12-2022 SUPPLEMENTARY TABLE OF APPROVED APPLICATIONS (AFTER THE PROCEDURE OF OBJECTIONS)

01-11-2022  Click here for the relevant Press Release (Assessment Result Tables for the funding applications)  

01-11-2022 TABLE OF APPROVED APPLICATIONS

01-11-2022 TABLE OF REJECTED APPLICATIONS

27-09-2022 Click here for the Press Release (end of applications)

12-09-2022 Click here for the Press Release

You can find more information regarding your application by accessing State Aid Information System (SAIS).