the results of the evaluation of the applications - business plans for the third cycle of the Programme for the granting of grants for business initiatives for the employment of young freelancers aged 18 to 29 years old with emphasis on the digital economy were posted on the website of the Public Employment Service (PES ).

The aim of the 12-month action is to promote self-employment of young unemployed 18-29 year olds through the creation of sustainable businesses with an emphasis on the digital economy.

The grant amounts to 14,800 euros and will be paid in three installments:

• 1st installment of 4,000 euros, after the start of activity at the Tax Office
• 2nd instalment of EUR 5,400, after the end of the first semester from the start of
• 3rd instalment of EUR 5,400, after the end of the second semester from the start of the

Objections may be submitted exclusively online through the State Aid Information System (PSI) of the Ministry of Development and Investment at: https://www.ependyseis.gr, until Friday 7 July 2023 at 13:00.

The project, with a total budget of €45.000.000, is co-funded by the Greek State and the European Social Fund - Youth Employment Initiative in the framework of the Operational Programme Human Resources Development, Education and Lifelong Learning 2014-2020.

The procedure, methodology and evaluation criteria of the applications are described in detail in the Public Call.

For more information, interested parties can visit the CYPRUS website www.dypa.gov.gr