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820 applications for € 30 million for new business activity

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820 applications for € 30 million for new business activity

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The submission of proposals to the Grant Plan for the Support of New Business Activity has been successfully completed and a total of 820 applications have been submitted through the electronic Grant Plan System of the Ministry of Energy, Trade and Industry (YEEB), according to a statement.

The evaluation of the applications will be done based on the order of submission of the proposals. The available budget of the call reaches € 30 million.

The Plan is included in the TH.ALEIA 2021-2027 Program and is co-financed by the European Regional Development Fund (ERDF), the European Social Fund (ESF) of the EU and the Republic of Cyprus.

It is reminded that the applications that were submitted in the period 12/11/2021 – 31/12/2021, ie after the coverage of the budget of € 30 million, will be examined in the order of their submission, taking into account the savings that will occur during the evaluation. of applications received before 12/11/2021.

Source: www.philenews.com

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