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New Entrepreneurs subsidy programme for persons aged 18 - 29 with particular emphasis on women

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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

Click here for the programme’s Information Factsheet

Manual for a New Entrepreneur to apply for a new funding

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)