Support to unemployed, inactive and employed youths up to 29 years old to start their own business and entrepreneurship in the field of financial services by providing specialized training and services for the development of their entrepreneurial skills

The current project proposal aims at providing support to unemployed and inactive persons, as well as employed youths up to 29 years old to start their own business in the field of financial services. Thus, the project proposal will help to be solved one of the main problems in the workforce - labor market relationship, namely the lack of incentives and opportunities for realization to the youths that have completed or left the formal education. Starting their own business from youths aged up to 29 years in the field of financial services is currently limited by different factors - uncertainty in starting their own business and a lack of knowledge and skills to start a business. With the realization of this project this discrepancy will be overcome as 100 people (unemployed and inactive persons, as well as employed youths up to 29 years) from the South Central Region (identified as the area with the highest rate of unemployed youths) will be supported through providing the necessary practical knowledge and skills, as well as the guidance to start their own business in the field of financial services. At the end of the project they will have the necessary professional, business and personal skills to launch their own business. The Project proposal activities are entirely eligible and consistent with the current procedure for granting financial aid and each activity is consistent with and contributes to be achieved one of the project three specific objectives. The project implementation will create objective prerequisites for the development of small and medium-sized enterprises and employability in the South Central Region.

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Overview

Status Terminated (termination date)
Start date 03 Jul, 2018
End date 03 Jan, 2020
Contract date 03 Jul, 2018
View in UMIS

Financial information

Total cost 249,205.00
Grant 249,205.00
Self finance 0.00
Total paid 0.00
EU participation percent 85.0%

Location

South Central (BG42)