Business initiative grant program employing 3,000 young freelancers aged 18 to 29 with a focus on the digital economy

The action "grant Program business initiatives employment of 3,000 young professionals aged 18 to 29 years, with emphasis in the digital economy", co-financed by the Greek State and the European Social Fund / Initiative for Youth Employment, in the context of the E.E. Human Resources development, Education and Lifelong Learning from 2014 to 2020" (OP ΑΝΑΔ_ΕΔΒΜ). As a key objective is the promotion of the employment of unemployed people through the assistance for the creation of new businesses.

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1. "Potential beneficiaries" – beneficiaries of the action set out in the registered unemployed in the register of the D.DEPARTMENT.A., who are not in education, employment or training, 18-29 years of age, who shall submit a request for funding, which includes a proposal of their business plan.

2. "Beneficiaries" of the action set out the legal persons (Companies), which take the aid of following the approval of the application for funding and inclusion in action.

3. The potential beneficiaries on the date of submission of online application for financing, have cumulatively meets the following conditions:

a. To be unemployed registered in the register of the D.DEPARTMENT.A., age 18 to 29 years old (fill in the 29th year of age and going through the 30th).

b. Are not in education, employment or training and to meet the age criterion in the date of submission of the application for funding.

c. To have completed the process of the individualized approach and have agreed in individual action plan.

d. To be Greek citizens or citizens of another state of the EU or expatriates who have a right to reside and work in our country or third-country nationals who have a residence permit valid for at least as long as the program.

e. The men candidates to have fulfilled, or legally discharged from their military obligations. Potential beneficiaries include electronically – in the application for funding (investment) – the certificate of military status. The expatriates or citizens of EU countries shall provide a declaration that they have no obligation as to the fulfillment of military obligations, without requiring the presentation of the relevant certificate of the country of origin.

The control of the above conditions is carried out through CP ΔΥΠΑ or/and self-declarations of potential beneficiaries.

4. Conditions of participation: The potential beneficiaries must comply with cumulatively the following conditions:

4.1. To set up their business and to operate legally within Greek territory.

4.2. The onset of activity in the IRS made after the date of submission of the request for funds and at the latest within 60 days from the date of suspension of the decision of integration transactions on the website of the D.DEPARTMENT.A. and the information of the beneficiaries through electronic mail (e-mail).

May be an extension of 30 days beyond the period of 60 days after the submission of the relevant request for the prolongation of the beneficiary and the relevant decision of the Head of the KPA2.

4.3. Each potential beneficiary shall submit a single application for funding (either individually, or as a member of a legal person / legal entity).

4.4. The potential beneficiaries are included in the action either as individual entrepreneurs, or as members of legal entities, with one of the following legal forms:

i. General partnership Company (OE)

ii. General Partners of limited Partnerships (EU)

iii. Limited Liability company (LTD)

iv. Private limited liability Company (IKE)

v. Cooperative workers referred to in article 24 of Chapter E of n. 4430/2016 (A 32).

The potential beneficiaries (who submit the application for funding) of the above-mentioned legal entities, the partners – states engaged in the management of corporate affairs on the basis of either of the institutional framework, whether the statute, either of the decision of the General Assembly of partners, hold 51% of the company shares and the company's legal representatives, other than the cooperatives apply the provisions of the new. 4430/2016 (A 205).

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The action is implemented in accordance with the nos. 5231/ 18.1.2021 Report STRAIGHT with regard to the documentation of the calculation of a lump sum for the statement of expenditure of the action "Grant Program Business Initiatives Youth Employment Professionals (young man)" of the Operational Program "Human Resources Development, Education and Lifelong Learning", which is implemented by the Public Employment Service (D.DEPARTMENT.Etc.) with co-financing from the European Social Fund (ESF), as adopted by the monitoring committee etc. In accordance with the above Report, the lump sum payment of new business/beneficiaries of the action amounts to of 14,800 € to be paid in three instalments as follows:

– 1 dose of eur 4.000 eur: after the start of activity at WORK and in any case following the adoption of the Amendment of the Decision of Accession, in accordance with par. 7.5 of article 7 of the proposal (Milestone A)

– 2nd tranche of € 5.400 euro: after the end of the first semester from the start of the company, upon verification of operation for a time period of 6 months (Milestone B)

– 3rd dose of € 5.400 euro: after the end of the second semester from the start of the company, upon verification of operation for a time period of 6 months (Milestone C).

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It is prohibited cumulate de minimis aid with state aid in respect of the same eligible costs, or state aid for the same measure of risk financing, if such cumulation would result in exceeding the highest relative intensity or the amount of aid is fixed on the basis of the specific circumstances of each case in a block exemption regulation or decision adopted by the Commission.

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