The aim of the Scheme is to develop, support and encourage entrepreneurship by women that fall in the age range of 18 – 55, who wish to establish an enterprise in the manufacturing, service or tourism sector and e-commerce.
The aim of the Scheme is to develop, support and encourage entrepreneurship by women who, based on their knowledge expertise and talent, will establish a new enterprise. The scheme covers new enterprises of the manufacturing, service or tourism sector and e-commerce. However, trade and a number of other activities as mentioned in Annex I of the Scheme Information Guide, (entitled as Non Eligible Economic Activities) are excluded.
Emphasis is given in the development of new technologies, in the use of innovative methods of production and promotion of products and services, in the development of environmental friendly products and generally in modern entrepreneurial practices aiming at the creation of a dynamic and competitive unit.
Eligible candidates can be women who:
The scheme motivates successful applicants by offering them a grand, as a percentage (50%) on the approved budget. The maximum amount of grand is €70,000 for enterprises of the manufacturing sector, and €50,000 for all other activities.
Relative is paragraph 7 of the Scheme Information Guide
Industrial Development Service
Ministry of Energy , Trade , Industry and Tourism
Commerce and Industry Inspector
email: [email protected]