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The total investment approved in the first two years amounts to € 12.8 million, of which about € 6 million will be subsidized. In other words, on average the awarded subsidy is about 45% of the investment amount proposed by the entrepreneur. So far about € 2.9 million has been disbursed. The highest subsidy awarded so far is € 100,000, for a planned investment of € 800,000. However, this is an extreme case. The average investment approved is about € 61,500 and the average subsidy about € 28,500. |
The total investment approved in the first two years amounts to € 12.8 million, of which about € 6 million will be subsidized. In other words, on average the awarded subsidy is about 45% of the investment amount proposed by the entrepreneur. So far about € 2.9 million has been disbursed. The highest subsidy awarded so far is € 100,000, for a planned investment of € 800,000. However, this is an extreme case. The average investment approved is about € 61,500 and the average subsidy about € 28,500. |
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− | By mid July 2007, according to the mid-term review, about 40% of the subsidy applications came from start-ups, and about one-third of the subsidies awarded [CHECK]. The average amount awarded to start-ups was slightly higher than that of existing firms (€ 77,436 vs. € 61,991). The main business sectors covered by the OKR are the retail and services sector. In terms of subsidies approved and disbursed, these two sectors represent about 60-70% of the total amount. |
+ | By mid July 2007, according to the mid-term review, about 40% of the subsidy applications came from start-ups, and about one-third of the subsidies awarded [CHECK]. The average amount awarded to start-ups was slightly higher than that of existing firms (€ 77,436 vs. € 61,991). The main business sectors covered by the OKR are the retail and services sector. In terms of subsidies approved and disbursed, these two sectors represent about 60-70% of the total amount. |
==Evaluation and Monitoring == |
==Evaluation and Monitoring == |