Scheme for the Development of New Business Activity

Funding up to € 84,000! Beneficiaries & Percentage of Funding per Age Category: 18–29 Men & Women – 70% Funding 30–50 Men – 60% Funding 30–55 Women – 60% Funding   Eligible Applicants: Unemployed or Employee No more than 25% shares owned within an active business   Scheme Features: Available Budget: €20 million Budget ceiling […]

Funding Scheme for Upgrading Restaurants and Tavernas or Traditional Food Product Sales Establishments, including those that are part of or wish to join the “Taste of Cyprus” Gastronomy Agreement.

The objective of the scheme is to upgrade the services provided, improve the aesthetic appearance of Recreational Centers/Establishments, strengthen Cypriot hospitality, develop gastronomy and culinary tourism, as well as enhance the modern and effective operation of Recreational Centers/Establishments. The scheme targets entrepreneurs who operate Restaurants, Tavernas and Traditional Food Product Sales Establishments located in mountainous, […]

Scheme for the Recruitment of Enterprises with Long-Term Unemployed Personnel

The Scheme provides the opportunity to businesses to recruit unexperienced unemployed people, through funding. The subsidy covers a percentage of the salary costs of the employee and the trainer, as well as the cost of operating expenses of the training, for a period of four (4) months. The main requirements are the following: Be long-term registered as unemployed (over 6 […]

Training Seminars

Our Organization, as an accredited VET Center from the Human Resource Development Authority of Cyprus, organizes subsidized seminars that support development and productivity, as well as the smooth operation of the departments of a company / organization. These seminars can be tailored to the needs of each business / organization in specific areas. Management/Supervision Development of Human Resources Marketing / Sales / Public Relations […]

SCHEME 1.3: Early retirement of farmers

The overall objective of this scheme is the provision of incentives for the for the reduction of aging and their “succession” within the rural population. The main individual purposes of this scheme are: • The transfer of agricultural properties to younger farmers • Increase in the size of agricultural holdings and improvement of their competitiveness • Increase in […]

Scheme 4.1: Investments that improve the overall performance and sustainability of the agricultural and livestock holdings

The overall objective of this scheme is to improve the competitiveness of agricultural products and the improvement of technology and mechanization of production in livestock holdings. Also the modernization and environmental upgrading of pig farms, dairy farms, poultry / chicken digest and goat units through investment on infrastructure construction and good environmental management. These investments will […]

SCHEME 1.2: Aiding of First Installation for Young Farmers

The overall purpose of this scheme is the provision of incentives for the retention of young people in the countryside and the renewal of rural population. The main individual purposes of this scheme are: • Increase to the size of agricultural holdings and improvement of their competitiveness • Creation of sustainable, competitive agricultural holdings leaded by younger people, […]

Scheme for Strengthening Laboraty Infrastructure in Cyprus

The scheme is addressed to enterprises of all capacities, that had, are, or will carry out expenditures for the creation or the expansion of laboratories for control/testing/analysis of products and calibration of equipment/tests for running tests, which operate as separate legal entities or manufacturing units. The following cases are excluded: Enterprises which are active in […]