Frequently Asked Questions About the €17,500 DYPA Grant for Young People Aged 18–29

The €17,500 grant programme for young people aged 18–29 raises many important questions before submitting an application.

We have gathered the most frequently asked questions we receive to help you understand the eligibility requirements, what to watch out for and how to take the right steps from the beginning.

Explore the answers below to ensure you proceed with confidence, proper planning and without unnecessary mistakes.

1. Can I work while waiting for the application results?

Yes, you can. The programme targets young people aged 18–29 who are registered as unemployed and are not in employment, education or training (NEET) at the time of application.

Once your consultant has completed the application submission process, you may start working.

Important: Before officially establishing your business following approval, you must be registered as unemployed with DYPA again. You must also not work as a salaried employee throughout the programme’s duration.

2. What long-term obligations do I have after receiving the grant?

Your main obligation is to keep your business operating for the period specified by the programme (12 months from the business start date) and comply with all procedures required for the payment of grant instalments.

Once the programme has ended, you are no longer required to comply with its specific conditions.

3. When should I officially establish my business?

You may officially start your business from the day after submitting your application and up to 125 days following approval.

However, it is important not to start your business prematurely, as this could affect your eligibility or create inconsistencies with your application.

We help you organise the entire process, including your business plan and supporting documents, to ensure your business is established correctly and on time.

4. Can I apply if I am currently employed?

Generally, no. The programme is intended for unemployed young people aged 18–29 who are not working or participating in education or training.

If your employment ends, you may become eligible to apply as a registered unemployed person.

In every case, we assess your individual circumstances to help you avoid mistakes that could affect your application.

5. How can I achieve a higher evaluation score and increase my chances of approval?

The key is to prepare a well-documented business plan, rather than one based on general statements.

A strong, carefully developed business plan can significantly improve your evaluation score and increase your chances of approval.

6. Can I establish a company with business partners?

Yes, this may be possible, provided that the company’s legal structure complies with DYPA’s programme requirements.

Choosing an unsuitable business structure is one of the most common causes of eligibility problems.

That is why we help you plan the appropriate structure from the beginning, avoiding complications during the evaluation or verification process.

7. Can I register my business at my home address?

Operating your business from a suitably arranged space within your home is permitted only in exceptional circumstances, specifically:

• Parents of children aged up to six (6) years, at the time of business establishment.
• Individuals caring at home for a spouse or first-degree relative with a disability of 80% or higher.

In all other circumstances, using your home as your business premises is not permitted under the programme.

8. Why might I need both an accountant and an engineer to participate in the programme?

An accountant is essential to ensure that important matters are handled correctly from the beginning, including selecting the appropriate Business Activity Codes (KAD), establishing the correct tax framework and maintaining proper accounting documentation.

An engineer is required only when your business activity or premises involve licensing, official notifications, technical specifications or changes in property use.

When these requirements apply, the engineer’s involvement is crucial to prevent your application from being rejected due to technical or regulatory issues that may not be immediately apparent.

9. What should a strong Business Plan include?

A successful business plan is much more than a description of a business idea.

It should be a comprehensive, well-structured and fully documented proposal, developed with input from experienced professionals, including a business consultant, an accountant or tax adviser and, where necessary, an engineer.

Our team includes an accountant, an engineer and an experienced business consultant, allowing us to prepare a complete business plan tailored to your needs.

Our goal is to help you achieve the highest possible evaluation score and maximise your chances of securing the €17,500 grant.