Skip links

GSS EU Science Funding Gateway

Scheme Plan to support New Business Activity – 2nd Announcement (2024)

Summary

THALIA: Foundations of Change, Prosperity, Equality and Development

Programme “THALIA 2021-2027” constitutes a multi-annual, multi-fund development Programme that was drawn up in accordance to the Article 22 of the Regulation (EU) 2021/1060 (Common Provisions Regulation – CPR), outlining the development strategy for the utilisation of the resources allocated to Cyprus through the Cohesion Policy Funds, for the period 2021-2027.

The total budget of the Programme amounts to €1.81 billion, of which €968 million comes from the EU Cohesion Policy Funds, while the remaining €842 million is the national contribution.

Programme Name

THALIA (2021-2027) – Cohesion Policy Funds

Programme Description

THALIA: Foundations of Change, Prosperity, Equality and Development

Programme “THALIA 2021-2027” constitutes a multi-annual, multi-fund development Programme that was drawn up in accordance to the Article 22 of the Regulation (EU) 2021/1060 (Common Provisions Regulation – CPR), outlining the development strategy for the utilisation of the resources allocated to Cyprus through the Cohesion Policy Funds, for the period 2021-2027.

The total budget of the Programme amounts to €1.81 billion, of which €968 million comes from the EU Cohesion Policy Funds, while the remaining €842 million is the national contribution.

Programme Details

Call

Scheme Plan to support New Business Activity – 2nd Announcement (2024)

Detailed Call Description

Further details in the Greek text.

Financing percentage by EU or other bodies / Level of Subsidy or Loan

The sponsorship amounts reach up to 70% for young men and women aged 18-29 years, while for men aged 30-50 and women aged 30-55 the  amount will reach the 60%.

The sponsorship is calculated on the cost of the eligible costs of the investment (Equipment, Special Facilities, Buildings – construction, purchase, renovation-configuration of spaces, Projection-Promotion and Other Expenses), with a maximum eligibility.

Budget per company: €120.000

Eligibility For Participation Notes

POTENTIAL BENEFICIARIES:

  • Young men and women from the age group of 18-29 years
  • Men from 30 to 50 years old
  • Women from 30 to 55 years old who have not had a business activity in the last six (6) months before submitting an application

Further details in the Greek text.

Programme Category
Co-Financed Programmes
Total Budget
€20 million
Thematic Categories
  • New Entrepreneurship
  • Small-Medium Enterprises and Competitiveness
Eligibility for Participation
  • Natual person / Citizen / Individual
  • Other Beneficiaries
  • Youth
Call Opening Date
18/06/2024
Call Closing Date
31/07/2024
National Contact Point(s)

Ministry of Energy, Trade and Industry
Industry and Technology Service

Contact info:

Vicky Τsaggaridou Chatzipavlou
Trade and Industry Officer A’
Τelephone: 22867194
Email: vtsangaridou@meci.gov.cy

Savvas Nikolaou
Trade and Industry Officer
Τelephone: 22867317
Email: snicolaou@meci.gov.cy

Αthina Xanthopoulou
Trade and Industry Inspector
Τelephone: 22867178
Email: axanthopoulou@meci.gov.cy

Spyros Prodromou
Trade and Industry Inspector
Τelephone: 22867156
Email: sprodromou@meci.gov.cy

Αntreas Papakyriakou
Scheme’s Officer
Τelephone: 22867109
Email: apapakyriakou@meci.gov.cy

Website
Website Announcement of the beginning of the Scheme Plan to support New Business Activity
This website uses cookies to improve your web experience.
Home
Account
Cart
Search
Explore
Drag