“Strengthening of Human Resource Development Systems and Infrastructure” Scheme
The strengthening of an enterprises’ training infrastructure (conference rooms), designed to meet the training needs of the workforce (employees of the enterprise), in sectors, occupations or areas of priority for the enterprise. At the same time, the company may use the room for any business activities, but an important condition is for the room to […]
Grant Scheme for Investments in the Enrichment and Upgrading of Tourism Products for Lengthening the Tourist Season Grant Scheme for Investments in the Enrichment and Upgrading of Tourism Products for Lengthening the Tourist Season
This project seeks to improve the competitiveness of the hotel and similar tourist of the country, by encouraging and supporting investments and interventions aimed at mitigating the limitations of tourism development, such as the seasonality tourist and the one-dimensional Tourism product. It refers to existing enterprises that are registered under the Cyprus Tourism Organization (CTO). The Scheme aims […]
Funding scheme for employment in enterprises engaged in Retail Trade and occupy 1 to 4 people
The Scheme is in regard of the funding of employment of a full-time or part-time working employee in Businesses of Retail Trading, with Registration Number in the category NACE 4511, 4519, 4532, 4540 and 4711-4799, and employ between 1 to 4 people in March 2015. Provided sponsorship to employers who fall under the above economic activities, 60% of the wage costs […]
Incentive program for hiring unemployed people over 50
The program allows employers to receive financial assistance for hiring people over 50 who are registered with the Public Employment Service (PES). The aim is to boost employment and support social cohesion through sustainable jobs. The program, which is co-funded by the European Social Fund+ (ESF+) and the Republic of Cyprus, offers significant benefits […]
Scheme for Providing Incentives for the Hiring of Unemployed up to 25
The Scheme aims at providing firms aid-grants to facilitate the recruitment of persons belonging to the target group, as defined in the Scheme, unemployed persons up to 25 years old, registered in the Public Employment Service on the date of application for participation in Scheme. The grant to be given to employers who will hire unemployed […]
Scheme for Providing Incentives for the Hiring of Unemployed Young people aged between 25 and 29 years (29 years and 364 days)
The Scheme aims at providing firms aid-grants to facilitate the recruitment of persons belonging to the target group, as defined in the Scheme, Young people aged between 25 and 29 years (29 years and 364 days) on the date of their hiring during the period of validity of the call for participation in the Scheme who are […]
Scheme for Providing Incentives for the Hiring of Unemployed
The Scheme aims unemployment by providing incentives to employers to hire the unemployed. The incentives concern the subsidy of part of the salary cost of the person to be hired, persons who are out of employment at the date of employment and are registered as unemployed in the Public Employment Service (PES), before the date […]
Incentive Scheme for the Employment of Young People Aged 15–29 (NEETs) – Flexible Arrangements
The Scheme supports employers in hiring young people aged 15–29 who are not in employment, education, or training (NEETs), with the option of flexible working arrangements (teleworking, blended teleworking, flexible working hours, compressed working week, part-time work, job sharing). Co-funded by the ESF+ and the Republic of Cyprus. Applies to employers in areas under […]
Scheme for the Enhancement of SMEs Competitiveness in the manufacturing sector and other specific economic activities
Funding Percentage: 60% Maximum Amount of Funding: €200,000 (De Minimis Rule) Beneficiaries: New or established Small-medium Enterprises (<250 people) of the Manufacturing Sector Other new or established Small-medium Enterprises operating in other specific economic activities: Production of edible & inedible ice Disassembly services for useless items / machines Recycling of metallic & non-metallic waste and scrap […]
Funding Scheme for the Digital Transformation of Companies
Its aim is to increase the integration of digital technology into Small and Medium-sized Enterprises. The scheme concerns new and existing small and medium-sized enterprises from all economic sectors, excluding fisheries, aquaculture and activities related to the primary production or processing or marketing of agricultural products. The financial support consists of funding defined eligible costs for the implementation and exploitation of […]