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€14,800 (DYPA/ OAED) for Starting a Business with an emphasis on the Digital Economy [2nd cycle - 2023]

Feb 7th 2023 5:31pm

On Monday, February 13, 2023 and until Monday, March 13, 2023, the submission of electronic funding applications for the Second Cycle of the "programme to grant business initiatives to employ young freelancers aged 18 to 29 with an emphasis on the digital economy" will be performed.

The aim of the action, lasting 12 months, is to promote the self-employment of 1,500 young unemployed people, through the creation of sustainable businesses, with an emphasis on digital economy, as the business plan must concern a subject of work that falls within the field of digital economy.

The application deadline is March 20 March 13, 2023.

The amount of support for new businesses amounts to 14,800 euros and is paid in three installments as follows:

⬢ 1st installment of €4,000, after approval & start of activity (DOU).
⬢ 2nd installment of €5,400, after the end of the first semester from the start.
⬢ 3rd installment of €5,400, after the end of the second semester from the start.


Beneficiaries of the action are the unemployed registered in the OAED register (D.YP.A) who are not in education, employment or training, who submit a funding application, which includes a business plan proposal.


The funding application (investment proposal) is submitted exclusively electronically to the State Aid Information System (SSIS) of the Ministry of Development and Investments at

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