Program valid from April 18th, 2007 to July 9th, 2008

Based on the decision of the Ministry of Industry and Trade, the acceptance of applications was terminated with validity from July 10^th, 2008. The terms and provisions stipulated in this programme apply to projects registered by the CzechInvest Agency during the validity of this programme (from April 18^th, 2007 to July 9^th, 2008).

Provided support:

• Subsidy for business activity (eligible costs - wages)
• Subsidy for training and retraining

Basic conditions:

• Minimum investment: CZK 10 million
• Minimum amount of newly created job positions:

Other conditions:

• Fulfilling the conditions within three calendar years after the year in which the Project Support Decision was issued
• Maintaining the minimum investment and the minimum of newly created and occupied job positions, performing the supported activity for a period of at least 5 calendar years from the end of the calendar year in which the conditions were fulfilled for the first time and, furthermore, in each year in which the recipient receives the state aid
• Maintaining the number of newly created and occupied job positions which entered the basis for calculation of the maximum amount of the business activity subsidy for the entire period of utilization of state aid, though at least for a period of five years from the date of establishment of the first employment relationship for each supported job.
• No works may be started on the project prior the issuance of a Confirmation of Project Registration at CzechInvest (date of submitting the Application)
• International orientation of the project