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: €30 million
  • Open for submission until 30.12.2021
  • Budget ceiling per application: €10,000 - €120,000

Eligible Business Activities:

All activities, such as:

  • Processing/Manufacturing
  • Services
  • Tourism
  • E-Commerce

Excluded activities:

  • Production, Processing & Trading of Agricultural Products
  • Fisheries & Aquaculture
  • Wholesale & Retail Trade

Eligible Costs:

  • Equipment
  • Special Infrastructure
  • Buildings (Construction, Renovation, Purchase)
  • Business Promotion
  • Other costs: 7% (flat rate) of the total eligible costs including the consultant fee

Information and support can be provided to all interested applicants regarding the processing, preparation, submission and monitoring of the application file submission.

Preliminary condition for all interested applicants, before arranging a meeting, to complete a short questionnaire with their suggested business idea (by clicking here).

Within one week of completing and submitting the questionnaire, a consultant from our organization will be in contact with you.


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