Results announced for the €17,500 grant to young entrepreneurs

The evaluation results for the DYPA programme, which provides up to €17,500 in funding for new businesses of unemployed 18-29 year olds, with a focus on women and digital and green economy activities, have been published.

Results announced for the €17,500 grant to young entrepreneurs

This article is an AI translation of an original piece published in Greek. Read original

Today, Wednesday, June 3, the results of the evaluation of funding applications for the “Integrated Program to Support New Entrepreneurship for Unemployed People Aged 18–29, with an Emphasis on Women and the Digital and Green Economy.” 

The program is part of the Hellenic Development Agency’s innovative initiatives, which aim to strengthen the country’s human capital and ensure access to funding for unemployed individuals aged 18 to 29, with a particular focus on women and business activities related to the digital and green economy. 

Upon joining the program, beneficiaries will receive a grant for a period of 12 months, starting from the date their business begins operations. The grant amount for each new business is €17,500 and is paid in three installments as follows: 

  • 1st installment of 4,700 euros: after the start of the activity
  • 2nd installment of €6,400: after the end of the first half of the year
  • 3rd installment of €6,400: after the end of the second half of the year 

Objections to the evaluation lists may be submitted exclusively online via the Integrated State Aid Information System (OPSKE) at https://app.opske.gr/ within ten (10) days from the day following the notification of the Evaluation Results via email. 

At the same time, DYPA is in the process of securing additional funding so that, following the completion of the appeal submission and review process, it will be possible to include approved applications that will not be funded due to the exhaustion of the available budget. 

The program, with a total budget of 37,000,000 euros, is co-financed by the Greek State and the European Social Fund+ (ESF+) under the “Human Resources and Social Cohesion 2021-2027.”

For the Public Call and detailed information, visit: https://www.dypa.gov.gr/active-employment-policies

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