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  • Has hired in the last 6 months and still employs at least 1 (at least 5 for MidCaps) young person or plans on hiring at least 1 young person (at least 5 for MidCaps) over the next 6 months, a period starting as of the date of signing the loan agreement with the Bank, and commits to employing the young person(s) for at least 1 year and/or
  • Has offered in the last 6 months a vocational training or internship position to at least 1 (at least 5 for MidCaps) young person or plans on offering a vocational training or internship position to at least 1 young person (at least 5 for MidCaps) over the next 6 months, a period starting as of the date of signing the loan agreement with the Bank. The training/internship lasts at least 3 months and is in the form of an active partnership agreement with a technical school, a university or a public employment organisation and/or is certified with a letter signed by one of those organisations and/or is part of a formal vocational training or internship programme of the ultimate beneficiary.
  • Has participated in the last 6 months in a youth entrepreneurship programme by a non-government organisation or educational institute, or plans on participating in such a programme over the next 6 months.

Young person means a person aged between 15 and 25 at the time they benefit from the relevant action (employment, training or internship).