The action aims to activate human capital through the strengthening of self-employment and the development of new business initiatives that contribute to the increase in employment. The target population is mainly specialized & qualified young people with entrepreneurial skills and a mindset for activity in sustainable & modern sectors (e.g. ICT, Science, Technology, Engineering & Mathematics, Tourism, etc.). Particular emphasis will be given to business activities that create new, sustainable jobs.
Addressed to:
- Businesses under establishment that will be established after the date of submission of the Funding Application and no later than 365 days from the date of electronic notification of the final approval of the funding application and will operate exclusively in eligible KAD, throughout the implementation of the business plan and until the repayment of the investment, in accordance with Annex II ELIGIBLE ACTIVITIES (KAD).
- Newly established. The term newly established refers to businesses that have been established from 01/1/2025 up to and including the date of submission of the Funding Application.
Eligible Expenses
- Operating expenses (rent of business premises, electricity, fixed and mobile business telephony, water supply, heating, other common expenses, accommodation expenses in incubators, etc.)
- Expenses for third-party fees (legal, consulting, accounting support, drafting and monitoring of a business plan, incubator services, specialized vocational training seminars, etc.)
- Expenses for promotion, networking and participation in exhibitions
- Supply of consumables
- Supply of equipment / Equipment leasing / Depreciation of fixed assets
- Insurance contributions of the beneficiary (entrepreneur/partners)
See more here.
Source: ibo.crete.gov.gr