Unemployed civil engineers and architecture graduates will receive a regular stipend of €650 during their training following a Cabinet decision on Tuesday.
The scheme is aimed at graduates up to the age of 29 who are without work and are undertaking their training.
Co-funded by the European Social fund, the scheme will have a three-year duration starting from January 1, 2018 and may be extended.
The total budget is €6m covering the stipend, insurance and the cost of implementing the project which will be undertaken by the Cyprus scientific and technical chamber (Etek).
In September this year, Cabinet approved a similar scheme offering unemployed law-school graduates €650 per month during their training.