Subsection 2: Support for young people's initiative projects.

Applications for aid for young people’s initiative projects are examined: 1° For business start-ups, under the same conditions as for the aid provided for in articles L. 5141-1, L. 5141-2 and L. 5141-5. The application may be examined in conjunction with these; 2° For mobility training, by the regional delegate of the Agence nationale pour l’insertion et la promotion des travailleurs d’outre-mer (National Agency for the Integration and Promotion of…

The decision to grant aid is taken by the Prefect, who assesses the reality, consistency and viability of the project.

The Agence de services et de paiement is responsible for managing the loans and paying the lump sum and monthly instalments for mobility training.

The terms and conditions of management by the managing body referred to in article R. 5522-62 are set out in an agreement signed with the Minister for Overseas France.