The support of new businesses that have been created from 01/01/2022 to 16/10/2023 (date of publication of the announcement in the Government Gazette), former unemployed aged 30-55, in all regions of the country, except Attica and of the South Aegean, concerns the new entrepreneurship program for 1,900 beneficiaries aged 30 to 55 with an emphasis on the digital economy.
The submission of electronic funding applications started on Monday, October 23, while the deadline for submission ends on Friday, December 1, 2023 at 3:00 p.m.
Budget allocation
Table of Contents
Table of Contents
According to the relevant announcement, the action has a total budget of 28.12 million euros, which is distributed as follows:
• in the Less Developed Regions, i.e. the Regions of Eastern Macedonia – Thrace, Central Macedonia, Thessaly, Epirus, Western Greece 1,420 businesses with a budget of 21.016 million euros
• in the Transition Regions (excluding Central Greece), i.e. the Regions of Western Macedonia, Ionian Islands, Peloponnese, North Aegean, Crete, 420 companies with a budget of 6.216 million euros
• in the Region of Central Greece, 60 companies with a budget of 888 million euros.
The grant
The grant amounts to 14.8 thousand euros and is paid as follows:
• 1st installment of 4 thousand euros, after the approval of the financing application
• 2nd installment of 5.4 thousand euros, after the end of the first semester from the start or from the date of establishment of all the terms and conditions of eligibility for inclusion in the program
• 3rd installment of 5.4 thousand euros, after the end of the second semester from the start or from the date of establishment of all the terms and conditions of eligibility for inclusion in the program.
According to newsbeast, those interested submit a funding application exclusively through the Information System of State Aid (PSKE) at the address www.ependyseis.gr.
#Program #beneficiaries #emphasis #digital #economy
Hellenic Initiative Gala 2023
New Entrepreneurship Program in Greece: Supporting Former Unemployed in the Digital Economy
Greece has announced an exciting new entrepreneurship program aimed at supporting former unemployed individuals aged 30-55 in creating their own businesses. This initiative is part of the country’s efforts to promote economic development and job creation, with a focus on the digital economy.
Eligibility and Application
The program is open to former unemployed individuals who have created a business between January 1st, 2022, and October 16th, 2023, in all regions of Greece except Attica and the South Aegean. Applicants can submit their electronic funding applications from October 23rd, 2023, to December 1st, 2023, at 3:00 pm.
Budget Allocation
The program has a total budget of 28.12 million euros, which will be distributed as follows:
1,420 businesses in the Less Developed Regions (Eastern Macedonia – Thrace, Central Macedonia, Thessaly, Epirus, and Western Greece) will receive a budget of 21.016 million euros.
420 companies in the Transition Regions (excluding Central Greece), including Western Macedonia, Ionian Islands, Peloponnese, North Aegean, and Crete, will receive a budget of 6.216 million euros.
60 companies in the Region of Central Greece will receive a budget of 888 million euros.
The Grant
Successful applicants will receive a grant of 14.8 thousand euros, paid in two installments:
1st installment of 4 thousand euros, after the approval of the financing application.
* 2nd installment of 5.4 thousand euros.
Supporting Entrepreneurship in Greece
This new entrepreneurship program is a significant step forward in supporting the growth of new businesses in Greece. The country has a strong entrepreneurial spirit, with various initiatives and programs in place to promote entrepreneurship and economic development [1].
In fact, Greece has been making strides in entrepreneurship, with programs like VentureGarden, which provides comprehensive educational and training programs for entrepreneurs [1]. Additionally, organizations like Endeavor.org.gr offer programs to support high-impact entrepreneurs and help them thrive [2].
Understanding the entrepreneurial landscape in Greece is crucial for the success of new businesses. The Global Entrepreneurship Monitor (GEM) provides valuable insights and reports on the entrepreneurial ecosystem in Greece [3].
This new entrepreneurship program is a positive development for the Greek economy, and it is expected to have a significant impact on the country’s economic growth and job creation.
Conclusion
The new entrepreneurship program in Greece is an exciting opportunity for former unemployed individuals to turn their business ideas into reality. With a focus on the digital economy, this initiative has the potential to drive innovation and growth in the country. If you’re an eligible applicant, don’t miss out on this chance to take your business to the next level. Submit your application today!
Supporting New Businesses in Greece: A Comprehensive Guide
As part of the Greek government’s efforts to boost entrepreneurship and economic growth, a new program has been launched to support new businesses created between January 1, 2022, and October 16, 2023, targeting former unemployed individuals aged 30-55 in all regions of Greece, except Attica and the South Aegean. This initiative focuses on the digital economy, providing a grant of 14.8 thousand euros to eligible beneficiaries.
Budget Allocation
The program has a total budget of 28.12 million euros, which will be distributed across three regions:
Less Developed Regions (Eastern Macedonia – Thrace, Central Macedonia, Thessaly, Epirus, Western Greece): 21.016 million euros for 1,420 businesses
Transition Regions (Western Macedonia, Ionian Islands, Peloponnese, North Aegean, Crete): 6.216 million euros for 420 companies
Region of Central Greece: 888 million euros for 60 companies
The Grant
The grant amounting to 14.8 thousand euros will be paid in three installments:
1st installment of 4 thousand euros: after the approval of the financing application
2nd installment of 5.4 thousand euros: after the end of the first semester from the start or from the date of establishment of all the terms and conditions of eligibility for inclusion in the program
3rd installment of 5.4 thousand euros: after the end of the second semester from the start or from the date of establishment of all the terms and conditions of eligibility for inclusion in the program
Application Process
Those interested in applying for the grant can submit their funding application exclusively through the Information System of State Aid (PSKE) at the address www.ependyseis.gr. The submission of electronic funding applications started on Monday, October 23, and the deadline for submission ends on Friday, December 1, 2023, at 3:00 p.m.
Additional Resources
Greece offers various resources to support entrepreneurs and small businesses, including:
JEREMIE Openfund II: a €11.7 million seed stage fund in Greece, selected by the European Investment Fund (EIF) as a financial intermediary under the JEREMIE initiative[[[1]].
Elevate Greece: the official platform and leading resource for in-depth information on the Greek Startup Ecosystem, aiming to help it grow and expand[[[3]].
* Grow your business in Greece: business advice and support from the European Bank for Reconstruction and Development (EBRD)[[[2]].
this new program provides a significant opportunity for former unemployed individuals in Greece to start their own businesses and contribute to the country’s digital economy. With a comprehensive understanding of the program’s eligibility criteria, budget allocation, and application process, aspiring entrepreneurs can take advantage of this initiative and turn their business ideas into reality.
References:
<a href="https://www.eif.org/newscentre/publications/country-fact-sheets/webfeifichejeremie_greece.pdf”>[1]
