Information on Incentives and Business Awards

Applications for incentive and business awards may be submitted by individual entrepreneurs who have been beneficiaries of the Employment Support Project and have been running their businesses for more than one year.

Support will cover the following entrepreneurs:

• Registered taxpayers,
• Those who have successfully completed the first-year business plan under the self-employment program,
• Those who have fully complied with all legal and tax requirements over the past 12 months and have no penalties,
• Those who require additional equipment to expand their existing business,
• Those who can provide a business plan for business development,
• Beneficiaries who have been provided with assets in production and service sectors under the Employment Support Project.

Incentive and business awards cover only business assets. The equipment to be provided for the actual expansion of the business must correspond to the identified needs.

• An announcement regarding participation in the program is made by the State Employment Agency. Entrepreneurs who meet the criteria specified in point 1 of the information may participate.
• The information of entrepreneurs who apply under the announcement is analysed.
• Based on the analysis, business plans are provided to entrepreneurs who meet the criteria indicated in point 1. The business plan should include information about the entrepreneur’s past activities, details about the future business, and information about the suppliers and market prices of the products required for the future business.
• The submitted business plans are evaluated by the Evaluation Commission, and the entrepreneur must defend the prepared business plan.
• Entrepreneurs who successfully complete the defence are provided with the equipment specified in the business plan.