- Access to finance
- Employment incentive
Beihilfe für Ein-Personen-Unternehmen (EPU)
Benefits for one-person-enterprises (OPEs)
Coverage/Eligibility
The instrument is eligible for one-person-enterprises (OPEs).
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
National government
Funding. Public employment services
Public Employment Service Austria (AMS) Employer or employee organisations
The WKO provides information on this instrument.
Effectiveness
In 2018, around 900 people 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.
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