A new DYPA entrepreneurship initiative for unemployed individuals aged 18 to 29 is set to be unveiled in January, introducing a 12 month framework aimed at helping young people establish small and medium sized businesses in emerging sectors. The program carries a total budget of 37 million euros and focuses strongly on supporting women as well as those pursuing opportunities in the digital and green economy.
The scheme intends to assist 2,114 unemployed young people who are currently outside employment, education or training by offering a structured path to self employment. Additional emphasis is placed on ensuring participants receive targeted backing that reflects the evolving economic landscape.
An upcoming press release will provide the precise opening date for applications along with the deadline for submissions. Financial support per business is set at 17,500 euros, distributed in 3 stages to ensure sustained operation.
Financial Support Structure
First installment of 4,700 euros issued after the business officially launches Milestone A.
Second installment of 6,400 euros released after 6 months of verified activity Milestone B.
Third installment of 6,400 euros granted after 12 months of confirmed continuous operation Milestone C.
Eligible applicants must be registered as unemployed in the DYPA digital registry, fall within the 18 to 29 age range, meet NEET criteria and submit a complete business plan for evaluation.
Applications will be accepted exclusively online via the OPSKE platform of the Ministry of National Economy and Finance. This initiative is co funded by the Greek state and the European Social Fund Plus under the Human Resources and Social Cohesion NSRF 2021 to 2027 program.
Further information regarding evaluation criteria and methodology will be included in the official public call, while a preliminary publication is already accessible online.
