Scheme for the Development of New Business Activity

Expected Call Start of 2024

Funding up to € 84,000!

*data is based on the version of the guide in the last call (2021). The relevant data will be updated with the publication of the new notice and possible changes might occur.

–> Completion of the preliminary questionnaire is a prerequisite for arranging a meeting.

https://forms.gle/aZkfHCT2M5KAUia76

Upon completion and submission of the questionnaire, the officer in charge will contact you.

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
  • 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

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