This incentive aims to promote job creation by co-funding salary costs. It is available for promoters with approved applications to the System of Incentives for the Business Competitiveness COMPETIR+.
It is oriented for unemployed individuals, registered at the Agencies for Qualification and Employment in the Azores.
Promoters must sign full-time permanent contract or fixed-term, with a minimum duration of two years. The jobs created must be maintained for at least three years.
Employers are awarded a non-refundable financial incentive, amounting 45% of the monthly salary costs, for each job created, paid for a maximum period of 24 months.