OPE Benefit

Austria
Phase: Management
Type:
  • Access to finance
  • Employment incentive
Last modified: 14 September, 2020
Native name:

Beihilfe für Ein-Personen-Unternehmen (EPU)

English name:

Benefits for one-person-enterprises (OPE)

Coverage/Eligibility

The instrument is eligible for one-person-enterprises (OPE).

Family members or relatives are not eligible to benefit from the programme. 

The instrument is available for OPEs in Vienna, until 31 December 2020. 

Main characteristics

The OPE Benefit supports one-person-enterprises with a funding of 25% of the gross wage of the first employee for a period of one year. In order to qualify for the funding, the employee must either have been unemployed for at least two weeks or just have finished education. Furthermore, the extent of employment must be at least 50% of the statutory or collective contract weekly hours.

Funding

  • National funds

Involved actors

Public employment services
Public Employment Service Austria (AMS)
Employer or employee organisations
The WKO provides information on this instrument.

Effectiveness

In 2018, around 900 persons received funding, with an average duration of 304 days and average costs of €2,300 per person. Accordingly, the total costs of the instrument were €2,1 million. 

Strengths

No information available.

Weaknesses

No information available.

Examples

No information available.
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