Today, Friday 12 May 2023 at 13:00, the submission of online applications for the third cycle of the Programme for the grant of business initiatives for the employment of young freelancers aged 18 to 29 years old, with emphasis on the digital economy of the Greek National Fund for the Digital Economy, starts.

The aim of the 12-month action is to promote the self-employment of 300 young unemployed people through the creation of sustainable businesses, with a focus on the digital economy.

The deadline for applications is Monday 12 June 2023 at 15:00.

The amount of aid for new businesses is €14,800 and will be paid in three instalments as follows:

• 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 six months of the start of the business
• 3rd instalment of EUR 5,400, after the end of the second half of the second half of the start-up period

The beneficiaries of the action are registered unemployed 18-29 year olds who will submit a funding application, including a business plan proposal. The application for funding (investment proposal) is submitted exclusively electronically to the State Aid Information System (PSKE) of the Ministry of Development and Investments, at the following address: https://www.ependyseis.gr.

The project, with a total budget of €45,000,000, is co-funded by the Greek State and the European SocialFund/Youth Employment Initiative, under the Operational Programme: Human Resources Development, Education and Lifelong Learning 2014 - 2020.

The procedure, methodology and criteria for the evaluation of applications are described in detail in the Public Call. For more information, interested parties can visit the ERF website: www.dypa.gov.gr.