Youth entrepreneurship: 100% grant funding

Under the program AMVA, Italy Lavoro spa has published a tender for the supply of finance 100% grant to encourage the creation of new businesses run by young people aged between 18 and 35 years.

The surgery is equipped with 5 million euro, out of the national resources of the European Social Fund 2007-2013 and supports the acquisition by young entrepreneurs up to 35 years in companies whose owners have passed 55 years of age.

The grant is equal to:

 5.000 EUR, for transfers of businesses worth between 10,000 and 29,999 Euros;

 10.000 EUR, for transfers of companies with a value equal to or greater than € 30,000.

The aid may not be paid, in any case, for transfers of companies worth less than € 10,000.

How do I access grant funding?

To take advantage of grant funding necessary that the companies, established after December 21, 2012, by young people aged between 18 and 35 in the form of sole proprietorship, partnership or corporation simply acquire entire businesses of entrepreneurs who have exceeded 55 years of age and that they are operating for at least 10 years.

E 'can also purchase company shares of the value of at least € 10,000 provided in order to monitor the same company 51% of the share capital.

The purchase can be completed exclusively with the contract of sale or other contract translational for consideration.

Caution: You can not get the contribution if the transfer is done by donation, lease business, loan, transfer corporate, inheritance.

At the same time or after the effective acquisition of the business, you can submit the application to access the grant funding AMVA of Italy Lavoro spa.

Applications for access to the grant must be forwarded to the portal from 10.00 am on 20 February 2013 until 31 December 2013.




Translated via software



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