April 24, 2024 5 min read
Applications for the second business opportunity program and subsidy of up to 36,000 euros until 4/10

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On Friday, November 4, 2022 at 3:00 p.m., the deadline for submitting an online application for the second business opportunity program, with an emphasis on women and the digital economy, with a grant of up to 36,000 euros.

The second chance programme is for former entrepreneurs to re-enter the labour market. The grant lasts for 12 months, with a 3-month commitment. The grant amount ranges from €12,000 (for a sole proprietorship) to €24,000 (for a business with three beneficiary partners).

After completing the 3-month commitment, the duration can be extended upon application by 12 months and the total amount of the grant will range from €20,000 to €36,000.

It is noted that the program has become more flexible, targeted and attractive:

  • Digital economy businesses receive 40% extra points
  • Co-housing is allowed in business incubators, entrepreneurship spaces, as well as in-house operation for digital businesses
  • At least 40% of the positions will be filled by unemployed women
  • People with disabilities and female victims of gender violence receive 60% additional cooperation points (coworking spaces).
Beneficiaries are registered unemployed who:
  • They stopped their business activity between 1/1/2012 - 31/12/2021
  • They have not transferred their business or their share in a business that belonged to spouses or persons of the first or second degree of kinship
  • They have not carried out any professional-business activity from 1/1/2022 until the publication of the Ministerial Decision on 8/3/2022 and
  • They have paid into the Special Unemployment Account the monthly contribution of 10 euros for at least one year or have arranged it and are aware of the terms of the arrangement.

Unemployed former entrepreneurs who have not started a new business can also apply to the program, provided that after notification of the positive assessment (pre-approval) of their business plan by PES, they will proceed within two months to start business in Public Finance Service..

The total budget of the second business opportunity program amounts to 48,000,000 euros.

For the Public Call and for more information, interested parties can visit : https://www.dypa.gov.gr/proghrammata-anoikhta .

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