The Scheme aims to mitigate unemployment among young people aged 15 to 29 years old who are not in education or training and to sustainably integrate young people into the labour market by placing them in subsidised jobs and gaining work experience combined with two-month training.
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The employee who joins the Scheme must be employed in full-time employment for a minimum of fourteen (14) months total period of employment and participation in the Scheme.
It sums up to 14 consecutive months of employment as follows:
– two (2) months training €1000
– twelve (12) months of continuous employment (ten (10) months of subsidised employment €8600 and two (2) months of compulsory employment, without subsidy).
The grant ceiling is set at €8,600 per participation in the Project, with an additional €1,000 corresponding to the two-month training.