Title Type of instrument Type of entry Level of operation Relevance Year of implementation
Human Resource Development Fund - Human Resource Development Authority of Cyprus (HRDA)- Single-Company Training Programmes in Cyprus

All companies in Cyprus are obliged to contribute a fixed share of their payroll costs (0.5%) to a training fund and may receive contributions to their training costs in return. This scheme represents a specific funding scheme within this fund. Companies receive a grant to cover a part of their costs for domestic VET programmes as well as for specific thematic funding programmes.

Training fund Single instrument National 1979
Human Resource Development Fund- Human Resource Development Authority of Cyprus (HRDA)

All companies in Cyprus are obliged to contribute a fixed share of their payroll costs (0.5%) to a training fund and in return may receive contributions to their training costs. This scheme represents a specific funding scheme within this fund. Associations of enterprises receive a grant to cover part of their costs for VET programmes as well as for specific thematic funding programmes.

Training fund Single instrument National 1979
Human Resource Development Fund- Human Resource Development Authority of Cyprus (HRDA)- Single-Company Training Programmes Abroad

All companies in Cyprus are obliged to contribute a fixed share of their payroll costs (0.5%) to a training fund and in return may receive contributions to their training costs. This scheme represents a specific funding scheme within this fund. Companies receive a grant to cover part of their costs for VET programmes as well as for specific thematic funding programmes abroad.

Training fund Single instrument National 1979