Private companies with at least 50% of their founders being unemployed individuals registered with Employment Centers, that have not yet started their activity at the date of the loan application (except in projects that include, within the planned investment, the purchase of share capital), with profit-making purposes, regardless of their legal form, including cooperatives. These companies must create jobs, contribute to boosting the local economy under the Entrepreneurship and Self-Employment Support Program, and comply with the requirements defined in the Line Protocol and the applicable legislation and regulations.
Target Groups
Unemployed individuals registered with Employment Centers, able and available to work, who fall into one of the following situations:
Unemployed registered for 9 months or less, in involuntary unemployment
Unemployed registered for more than 9 months, regardless of the reason for registration;
Young people seeking their first job, defined as individuals aged between 18 and 35 years, who have never worked either as employees or self-employed;
Self-employed workers whose average monthly income, calculated based on the months in which they were active in the previous year, is lower than the guaranteed minimum monthly wage.