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 […]

Temporary Incentive Scheme for the employment of young unemployed graduates

The sheme provides the opportunity for businesses to hire graduates, aged up to 29 years old, who have received a degree of a duration of at least 3 years, and are registered as unemployed gratuates for over 6 consecutive months at the offices of the Public Employment Service. The subsidy grants an  80% of the wage costs of the employee, with a maximum amount of  […]

De Minimis reinforcement scheme for the implementation of ISO 9001:2008,ISO 14001, OHSAS 18001:1999 systems kai HACCP in Hotels, Tourist Accomodation and Leisure Centers

The aim of this scheme is to provide support for the implementation of the quality systems mentioned above, and covers all hotel and tourist accomodation, as well as leisure centers, which have benefited from the Organization classification, regardless of category, class and capacity The certificates of Food Safety Management Systems (HACCP) are necessary, as issued […]

Temporary Incentive Scheme for the employment of long-term unemployed and young people

The Scheme is aiming to provide incentives for hiring people who: a) Are aged up to 29, and are registered as unemployed for the previous 3 consecutive months  at the offices of the Public Employment Service. b) Are aged over 29, and are registered as unemployed at the offices of the Public Employment Office, for over 7 consecutive months at the date […]

Scheme for the Recruitment of Enterprises with People belonging to Vulnerable Social Groups

This Scheme aims to provide incentives for hiring people beloning to vulnerable social groups*, in the Private Sector and Local Government Authorities. A financial assistance is provided of up to 65% of the gross monthly salary of the employee for a period of 12 months with a maximum funding of €13.000, and travel expenses are paid to the employees for each working day of […]

Scheme for Funding of Employment with Adjustable Conditions

The purpose of this Scheme is to attract, towards employment, financially inactive women, older people, and jobseekers who are looking for adjustable shifts due to family commitments, who are facing difficulties in entering and remaining in the labour market without assistance and who wish to work under adjustable conditions. Also, unemployed people referred to the […]

Temporary Incentive Scheme for the Occupation of Unemployed

This temporary scheme is in regard of providing inventives for the occupation of unemployed personnel in the Private Sector. Financial assistance amounting to 60% of the annual wage cost of an employee is provided, with a maximum of €7.200 for each person over one semester. The subsidy is granted for the first 6 months of employment. The employer is entitled to […]

Incentives for the employment of people with disabilities

The scheme is in regard of the incentive for hiring people with disabilities in the Private Sector and in Local Authorities. A financial assistance of 75% is provided, based on the annual wage costs of the employee, with a maximum of €15.000 per person per year, for the first 24 months of employment. Additionaly, there is provided financial support of the volume […]