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Grants help young people find full-time employment

28/08/2014

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Helping highly educated young people “get a foot in the door” is the aim of the “Graduate recruitment grants” programme, co-financed by the European Social Fund. The programme strives to boost full-time employment in the private sector by subsidising positions in enterprises for 24 months. In exchange, participating enterprises commit to preserving these positions for at least three or more months. Thus, the programme offers young unemployed people full-time employment for at least 27 months, with the prospect that their employment relationship will be extended beyond the initial period.

The “Graduate recruitment grants” programme targets unemployed persons up to the age of 35 who are holders of a first degree, post-graduate title or a PhD of Greek AEI/TEI or an equivalent title from a faculty abroad. Since the programme started in June 2012, 6 535 new jobs have been created.

The programme has been very well received by businesses and therefore its budget has been increased from EUR 75 million to EUR 108 million, making it possible to fund up to 7 200 jobs.

 

Project name: Graduate recruitment grants
Area of activity: Opening pathways to work; Creating chances for youth
Project duration: June 2012 – present
ESF contribution: EUR 92 042 487 
Total budget: EUR 108 000 000
Participants: 6 535
Country: Greece
Organisation: OAED, Intermediate Body in the Operational Programme Human Resources Development 2007-2013, Greek national government
Contact details: S. Gogos
sgogos@epeaek.gr
www.epanad.gov.gr
+30 210 32 78 012

Project name GR - Grants help young people find full-time employment
Duration -
Total budget € 0
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Related links Creating chances for youth
Greece
Opening pathways to work