The Ministry of Industry, Trade and Tourism issued an order this September. It includes the approval of the regulatory bases for the granting of aid aimed at promoting entrepreneurship, aimed at young people registered in the file of the National Youth Guarantee System. Young entrepreneurs who receive grants can receive a maximum of 3,000 euros, according to the Official State Gazette (EAO BOE).

Specifically, the EOI Foundation will provide a maximum grant of up to 3,000 euros to each beneficiary, with the aim of covering the financial exercise carried out in the six months following the formal start of the activity. The amount may not exceed 75% of the amount of eligible expenses.

The aid regulated in these bases is part of the youth employment action program. According to the ministry, this European Commission initiative aims to launch new lines of support for young people between the ages of sixteen and thirty who are unemployed or studying (‘ninis’).

The aim of these grants is for young people to start an entrepreneurial project and create self-employment. To access these grants, young people must be registered in the file of the National Youth Guarantee System and must be beneficiaries when applying for a grant with the EOI Foundation.

In addition, it is necessary not to start an activity before applying for the grant, and applicants must be up to date with their tax obligations.

According to the order, the call for grants will regulate the geographical scope of application of these grants. Beneficiaries must provide information on all relevant documents and activities within the relevant period, "expressly stating their call and origin" and, where appropriate, co-financing with European Social Fund funds, from the Youth Employment Initiative, within the Youth Employment Operational Program.

In addition, when the beneficiary is a legal entity, they must publish it on the aid website. The eligible period includes the six months following the formal start of the entrepreneurial activity, when it is registered in the Economic Activity Tax (IAE) and in the Social Security scheme necessary for its development.

"The EOI Foundation will be able to monitor the work done by the entrepreneur. To this end, it may seek expert advice on specific issues deemed necessary," according to the order.

EOI Fundation

The EOI was created on July 12, 1955 as a result of an agreement reached by the Ministries of Education and Industry. It became the first business school in Spain and one of the first in Europe.

Over these 60 years, he has contributed decisively to the modernization of the Spanish economy and industry and has been the protagonist of some important milestones in the training of Spanish managers. This journey through the history of the country can be consulted in the book "EOI, 50 years of the avant-garde" and in the trilogy "The Great Journey" (Energy, Tourism and Industry) published on the occasion of the 60th anniversary of the School.

It has had some very significant milestones in its history, which have established it as the dean's school of knowledge and training centers in the country:

1992: Expansion of Latin American activity.
1993: Inauguration of the EOI Andalusian headquarters in Seville.
1994: First Business School. It provided training to entrepreneurs and SMEs with the support of the European Union Structural Funds.
1997: Implementation of online learning methodologies in the first business school in Spain in the Master's programs.
2000: The first business school in Spain to obtain a quality certificate for a Master's degree.
2005: The first business school to certify the Environmental Management System.
2009: The first business school to integrate the mobile learning methodology with the use of mobile devices and the institutional open storage of multimedia content (Savia) in all its programs.
2011: The first business school to produce MOOC courses.
2012: Inauguration of the EOI Mediterráneo headquarters in Elche.
2013: The first business school to offer higher education in Big Business.
2014: Inclusion of the OPTI Foundation, Fundesarte and the Africa and Guadalupe Headquarters in the EOI Foundation, at the request of the Spanish Government's Public Administration Restructuring Plan.
2015: The 60th anniversary of the EOI was declared an extraordinary event of public interest.
2016: Creation of 50 collaborative spaces and training for youth employment as part of the European Union's strategies to promote entrepreneurship, competitiveness and employment for Spain.
2017: Spanish Business School with the most followers on Social Networks.
2018: Development of the Connected Industry 4.0 strategy of the General Secretariat for Industry and SMEs (SGIPYME) of the Ministry of Industry, Trade and Tourism.
2019: A decade of training Women Executives to promote equal opportunities in the business environment and to contribute to the balanced participation of women and men in positions of high responsibility.