South Aegean Region: Action to create new jobs for the unemployed in businesses of the RIS3 strategy
Creation of new full-time jobs by hiring unemployed people registered in the unemployment register of DYPA (former OAED), at enterprises of the cutting-edge sectors and branches of the regional economy (specifically for the South Aegean Region), according to the National Smart Specialization Strategy.
In this way the action contributes to the increase in the participation of the unemployed in the labor market and at the same time supports the investment in human resources of increased qualifications with the consequent improvement of the competitive position of businesses and the stimulation of the local labor market.
The duration of the implementation of the actions is 18 months plus 3 months given by the invitation as the time to find and hire the staff by the company, i.e. a total of 21 months. The act does not concern the employment of seasonal staff.
The subsidized EMEs that will be created during the implementation of the operation must be additional (i.e. increase) to the EMEs of the company during the twelve-month period preceding the month of publication of the Invitation (reference period). It is noted that the additional EMEs concern exclusively full-time employees.
EMEs of hired labor of the enterprise of the twelve-month reference period should be maintained throughout the implementation of the act.
The beneficiary (enterprise) is obliged to keep the employee(s) who made up the additional subsidized EME(s) for a period of at least 4 months after the completion of the operation with full-time status.
To whom
Beneficiaries of the South Aegean Region Action are existing very small and small and businesses that:
- have been established until 31/12/2023
- they are essentially active (Main Activity Code or Activity Code with the highest revenue) in an eligible activity CAC included in APPENDIX 3 of the invitation.
Submission Period
From 21/10/2024 to 17/1/2025
Type of reinforcement
Employment / Work / Gaining work experience
Application area
South Aegean Region
Terms and conditions for the action of the South Aegean Region
The terms and conditions of participation are described in detail in Chapter 6 of the Invitation.
Businesses are subsidized for each unemployed beneficiary subject to the Action from the date of their employment and for a period of 18 months.
What is funded
The grant covers the total salary cost per beneficiary for one person/month full-time with 25 days of insurance per month.
In particular, wage costs may include gross actual monthly gross earnings, insurance and employer contributions.
Budget for the action of the South Aegean Region
2,000,000 euros
The funding application is submitted electronically exclusively through the Integrated State Aid Management Information System (OPSKE) using the OPSKE standard funding application form (APPENDIX 2: INDICATIVE FORM ELECTRONIC SUBMISSION OF FUNDING REQUEST).
See the Call to Action here.