Support is subject to the following requirements: the projects must be economically and financially feasible; the total investment volume may not exceed Esc. 50 million; and applicants must have equity capital of at least 10% of this total at their disposal.

The support consists of a financial stake equivalent to 30% of the total investment volume in the form of an allowance, plus a bank loan at special conditions. Together the two sources of support may account for up to 90% of total investment.

The allowance of 30% can be increased if the projects are of special regional or structural significance or make a contribution to environmental protection.

The following institutions are responsible for distributing the funds: the Institute for Labour and Vocational Training (IEFP), the Institute for Youth (IJ), the Institute for the Support of Small and Medium-Sized Firms and Investment (IAPMEI), the Youth Foundation, the National Association of Young Entrepreneurs (ANJE), and the financial institutions willing to make financial resources available to the Programme.

Project-applications to the Programme are examined and evaluated by a commission of experts. A selection committee is responsible for allocating the funds. This commission consists of representatives of all the public bodies involved in financing. The Youth foundation, the ANJE and the financial institutions involved serve in an advisory capacity.

The financial coordination of the Programme is the task of the Youth Foundation under the guidance of the representative of the government responsible.

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