Every employer in Cyprus is obliged by law to contribute 0,5% of their total payroll costs to the fund (the law allows to set up a rate of up to 1%). The rate is the same for all contributors (all companies except government organisations and self-employed). The money is collected via the social insurance
mechanism.
In order to register for a course, your employer should apply to our training centre to register for the course, using the enrol now button on the course page. Once we receive your application, we will contact you to confirm your status on the ERMIS platform of the HRDA. We will guide you through the application process to enable you to register on the ERMIS platform for the course you are interested in.
We will then approve your application from the ERMIS portal and then confirm your registration. Once the course is completed, we will apply to the HRDA to receive your funding for the course in question. We receive your funding directly from the HRDA.
The maximum hourly grants are as follows:
Level 1: 12€/hour/person, Level 2: 17€/hour/person.
The two levels of participants are defined as: - Level of participants 1: a) for technical skills and knowledge: key personnel as craftsmen, laborers, clerical staff, service employees; b) personal skills: key personnel such as craftsmen, laborer’s, clerical staff, service employees, supervisory/managerial staff - Level of participants 2: a) specialized professionals/technical knowledge and skills: technical/science/ supervisory/managerial staff; b)supervisory/managerial knowledge and skills: supervisory/managerial staff; c) specialized/innovative topics: managerial and scientific staff.
Following the de minimis aid Council Regulation 1407/2013, a company cannot receive more than €200,000 in a three-year time horizon. If you have received more than this amount you will not be eligible for funding and will be called to pay the full amount of the course fee.
In order to receive funding you should visit our Terms and Conditions for receiving HRDA funding and read them carefully. Participants should also follow the instructions of the Center and the trainer alike.
Failure to follow instructions or if you do not satisfy the criteria can result in you not being funded for a course and subsequently not receiving the funding. You or your employer are responsible for ensuring that you will receive the funding for your participation in a course.