News

The €60 million EEA and Norway Grants Fund for Youth Employment was established by Iceland, Liechtenstein and Norway in 2017 to promote sustainable and quality youth employment in Europe.

Out of the more than 300 project ideas submitted, 27 projects with partners from 25 countries in Europe have now been selected to receive funding.

In total, the projects aim to:

- Make it easier for 25 000 young people to find a job;
- Create 3500 jobs in NGOs, social enterprises and the ordinary labour market;
- Help 1800 young people start up their own business.

The projects involve partners from all the 15 beneficiary countries of the EEA and Norway Grants as well as Ireland, Italy and Spain – all countries with high youth unemployment. The projects also include expertise partners from the donor countries Iceland and Norway as well as two international organisations and other EU member states (not beneficiary countries of the EEA and Norway Grants). 

Unlike the ordinary programmes of the EEA and Norway Grants, the Fund for Youth Employment has a transnational focus. The main idea of the Fund is to help entities across Europe pooling their efforts to find new ways of dealing with youth unemployment.

The fund operator of the EEA and Norway Grants Fund for Youth Employment and the EEA and Norway Grants Fund for Regional Cooperation is Ecorys Polska and JCP Srl Italy.