The decisions of the List and the ranking of the business plans of the first stage of the evaluation of the Action: the Support of Self-employment of Higher Education Graduates - 2nd Cycle of the second and third submission period were announced.

Graduate Support - Second cycle - 2nd and 3rd period results

The results were obtained after the completion process of the electronic submissions concerning the second and third periods, based on the score they received in the objective evaluation criteria.

The 2nd period started submissions on 06.09.2017 and ended on 11.10.2017.

The decision shall include:

• Ranking of two thousand eighty-four (2,084) submitted funding applications with a total requested budget of € 52,436,593.37.
• Compilation of a list of potential beneficiaries of the Action who proceed to the second stage of the evaluation, with 1,619 business plans. Total subsidized budget (public expenditure) 41.233.249,42 € in absolute grading order, based on the total co-financed public expenditure to be allocated increased by 20%, per group of regions and per category of beneficiaries, according to ANNEX I.
• Rejection of 465 business plans with a total requested budget of € 11,203,343.95. The rejection is due to exhaustion of the total co-financed public expenditure to be made available, due to scores, in accordance with ANNEX II.

The 3rd period had a start of submissions on 8.11.2017 and ended: 13.12.2017.

The decision shall include:

• Ranking of four thousand three hundred and forty-three (4,343) submitted funding applications with a total requested budget of € 109,437,607.20.
• Compilation of a Table of potential beneficiaries of the Action who proceed to the Second stage of the evaluation, with 2,196 business plans. Total subsidized budget (public expenditure) 57.043.048,88 € in absolute grading order, based on the total co-financed public expenditure to be allocated increased by 20%, per group of regions and per category of beneficiaries, according to ANNEX I.
• Rejection of 2,147 business plans with a total requested budget of € 52,394,558.32. The rejection is due to exhaustion of the total co-financed public expenditure to be made available, due to scores, in accordance with ANNEX II.

See more detailed information about the action here.