New Plans

In the immediate future, it is expected that the plan to support new business activity will be announced.

Beneficiaries of the plan will be natural persons, unemployed or salaried individuals who wish to start a new business activity and have not previously been involved in business. The following support rates are expected to apply to the beneficiaries of the plan:

  • Young people 18 – 29 years old with a support rate of 70% of the total cost
  • Men 30-50, with a support rate of 60% of the total cost
  • Women 30-55, with a support rate of 60% of the total cost

The expenses below are eligible and can be subsidized:

  1. Equipment
  2. Special Installations
  3. Buildings – Construction / Expansion / Design / Renovation / Purchase
  4. Promotion
  5. Other Expenses – A flat rate of 7%, which will be calculated on the total of direct eligible expenses and includes consultant fees for application submission, company creation costs, etc.

Interested parties are encouraged to start preparing accordingly as applications will be examined based on the order of their submission until the available funds are exhausted.

Our organization is at your disposal to happily resolve any questions and queries, as well as to undertake the submission of applications concerning mature and viable funding proposals.”

Note: This is a general translation and might not capture all nuances of the original text.