Purpose

The action aims at the continuous transformation of industrial enterprises by following best practices, as proposed in the Industry 4.0 model. The foundations of Industry 4.0 are built upon a set of technologies/technological advancements, manufacturing execution systems, Cloud Technologies, Machine-to-Machine Applications, High-Performance Computing Systems, which drastically transform industrial production and manufacturing.

Who it concerns

Beneficiaries are existing and new small, very small, and medium-sized enterprises conducting economic activity in the Greek territory in the manufacturing sector.

Conditions

  1. Must have the necessary operating license in force or have submitted an application for issuance or renewal to the relevant authority for the activity conducted.
  2. Must have a facility (headquarters and/or branch) in Greece at the time of disbursement of the aid.
  3. Must operate or intend to operate in the eligible regions, in supported areas as defined by the Regional Aid Map at the time of disbursement until the full amount of aid is provided, and carry out the expenses in Greece.
  4. Must operate exclusively as one of the following corporate/commercial types (S.A., Ltd., General Partnership, Limited Partnership, Private Company) and sole proprietorships.
  5. Must not be a troubled enterprise according to the definition given in state aid law, point 18 of Article 2 of the Regulation.
  6. Must not be under bankruptcy, liquidation, or compulsory management.
  7. No aid recovery proceedings must be pending against them, following a previous decision by the Commission declaring aid illegal and incompatible with the internal market.
  8. Must ensure or declare in a sworn statement that by the completion of the

action/investment, they will provide the necessary infrastructure and services to minimize obstacles and facilitate access for people with disabilities.

  1. Can submit only one investment plan per VAT number.
  2. Must declare only one Region as the location for the implementation of this action.
  3. Must submit an investment plan with expenses that have not been funded and have not been included in another program financed by national or EU resources.
  4. The economic activity related to the submitted investment plan must fall within the sectors listed in Chapter I.1.5, "ELIGIBLE SECTORS."
  5. Must be able to prove that they have at least 25% of the required private contribution for the proposed investment plan, which in any case will not be considered state aid.
  6. The planned project must meet the incentive effect criterion, meaning no work should have begun on the assisted project before the submission of the application by the beneficiaries under this call.

What the Program Subsidizes

Article 14 Expenses (Regional Aid)

Construction or modernization of buildings.

Landscaping to meet the unit's needs.

Vehicles for transporting materials within the unit.

Purchase, transportation, and installation of new equipment, including laboratory equipment.

Business IT equipment expenses (telecommunication installations, computers, peripherals, security systems).

Construction costs to ensure accessibility for people with disabilities.

Intangible assets such as software acquisition, patent acquisition, intellectual property rights exploitation licenses.

Article 18 Expenses (Consulting Services Aid)

Consulting services provided by external consultants.

Article 31 Expenses (Training Aid)

Personnel costs for trainers.

Operating costs for trainers and trainees directly related to the training project.

Consulting expenses related to the training project.

Personnel costs for trainees and general indirect expenses.

Aid per region

The intensity of aid varies according to the region, the size of the enterprise, and the type of expense.

Aid per region

The intensity of aid varies according to the region, the size of the enterprise, and the type of expense.

Regions
Business Size Article 14 Expenditures
Business Size Article 14 Expenditures
Expenses of Article 18 and 31
Regions
Medium
Small and very small
Regardless of size
North Aegean
70%
75%
50%
Crete
60%
70%
50%
East Macedonia-Thrace
60%
70%
50%
Central Macedonia
60%
70%
50%
Epirus
60%
70%
50%
Thessaly
60%
70%
50%
Ionian islands
50%
60%
50%
Western Greece
60%
70%
50%
Central Greece
50%
60%
50%
Evrytania
50%
60%
50%
Peloponnese (Municipalities of Megalopolis, Gortynia, Tripoli, Oichalia)
60%
70%
50%
Peloponnese (Other Municipalities)
50%
60%
50%
South Aegean
50%
60%
50%
East Attica/West Attica/Piraeus & Islands
35%
45%
50%
Western Athens
25%
35%
50%

Maximum Expense Percentages of the Subsidized Budget

Category of Expenses
Eligible Percentage of Subsidized Budget
Mechanical equipment
≤100
Building Expenses
≤20%
Special Building Installations (contributing to digital transformation)
≤40%
Laboratory Equipment Expenses
≤30%
Software and IT Equipment Expenses
≤ 20%
Consulting Services-Studies for Business Adaptation to Industry 4.0 Requirements
≤10%
Training Workforce Adaptation (Upskilling and Reskilling)
≤10%

Timeline

Submission Start Date
23/11/2022
Submission End Date
23/01/2023
Implementation Duration
24 months

For more information, request a telephone appointment by clicking the button below, and a specialized economist from our company will contact you. 

"Smart Manufacturing" - The New Program of the GREECE 2.0 Plan

8 November 2022

ΙΩΝΙΚΗ Finance

Purpose

The action aims at the continuous transformation of industrial enterprises by following best practices, as proposed in the Industry 4.0 model. The foundations of Industry 4.0 are built upon a set of technologies/technological advancements, manufacturing execution systems, Cloud Technologies, Machine-to-Machine Applications, High-Performance Computing Systems, which drastically transform industrial production and manufacturing.

Who it concerns

Beneficiaries are existing and new small, very small, and medium-sized enterprises conducting economic activity in the Greek territory in the manufacturing sector.

Conditions

  1. Must have the necessary operating license in force or have submitted an application for issuance or renewal to the relevant authority for the activity conducted.
  2. Must have a facility (headquarters and/or branch) in Greece at the time of disbursement of the aid.
  3. Must operate or intend to operate in the eligible regions, in supported areas as defined by the Regional Aid Map at the time of disbursement until the full amount of aid is provided, and carry out the expenses in Greece.
  4. Must operate exclusively as one of the following corporate/commercial types (S.A., Ltd., General Partnership, Limited Partnership, Private Company) and sole proprietorships.
  5. Must not be a troubled enterprise according to the definition given in state aid law, point 18 of Article 2 of the Regulation.
  6. Must not be under bankruptcy, liquidation, or compulsory management.
  7. No aid recovery proceedings must be pending against them, following a previous decision by the Commission declaring aid illegal and incompatible with the internal market.
  8. Must ensure or declare in a sworn statement that by the completion of the

action/investment, they will provide the necessary infrastructure and services to minimize obstacles and facilitate access for people with disabilities.

  1. Can submit only one investment plan per VAT number.
  2. Must declare only one Region as the location for the implementation of this action.
  3. Must submit an investment plan with expenses that have not been funded and have not been included in another program financed by national or EU resources.
  4. The economic activity related to the submitted investment plan must fall within the sectors listed in Chapter I.1.5, "ELIGIBLE SECTORS."
  5. Must be able to prove that they have at least 25% of the required private contribution for the proposed investment plan, which in any case will not be considered state aid.
  6. The planned project must meet the incentive effect criterion, meaning no work should have begun on the assisted project before the submission of the application by the beneficiaries under this call.

What the Program Subsidizes

Article 14 Expenses (Regional Aid)

Construction or modernization of buildings.

Landscaping to meet the unit's needs.

Vehicles for transporting materials within the unit.

Purchase, transportation, and installation of new equipment, including laboratory equipment.

Business IT equipment expenses (telecommunication installations, computers, peripherals, security systems).

Construction costs to ensure accessibility for people with disabilities.

Intangible assets such as software acquisition, patent acquisition, intellectual property rights exploitation licenses.

Article 18 Expenses (Consulting Services Aid)

Consulting services provided by external consultants.

Article 31 Expenses (Training Aid)

Personnel costs for trainers.

Operating costs for trainers and trainees directly related to the training project.

Consulting expenses related to the training project.

Personnel costs for trainees and general indirect expenses.

Aid per region

The intensity of aid varies according to the region, the size of the enterprise, and the type of expense.

Aid per region

The intensity of aid varies according to the region, the size of the enterprise, and the type of expense.

Regions
Business Size Article 14 Expenditures
Business Size Article 14 Expenditures
Expenses of Article 18 and 31
Regions
Medium
Small and very small
Regardless of size
North Aegean
70%
75%
50%
Crete
60%
70%
50%
East Macedonia-Thrace
60%
70%
50%
Central Macedonia
60%
70%
50%
Epirus
60%
70%
50%
Thessaly
60%
70%
50%
Ionian islands
50%
60%
50%
Western Greece
60%
70%
50%
Central Greece
50%
60%
50%
Evrytania
50%
60%
50%
Peloponnese (Municipalities of Megalopolis, Gortynia, Tripoli, Oichalia)
60%
70%
50%
Peloponnese (Other Municipalities)
50%
60%
50%
South Aegean
50%
60%
50%
East Attica/West Attica/Piraeus & Islands
35%
45%
50%
Western Athens
25%
35%
50%

Maximum Expense Percentages of the Subsidized Budget

Category of Expenses
Eligible Percentage of Subsidized Budget
Mechanical equipment
≤100
Building Expenses
≤20%
Special Building Installations (contributing to digital transformation)
≤40%
Laboratory Equipment Expenses
≤30%
Software and IT Equipment Expenses
≤ 20%
Consulting Services-Studies for Business Adaptation to Industry 4.0 Requirements
≤10%
Training Workforce Adaptation (Upskilling and Reskilling)
≤10%

Timeline

Submission Start Date
23/11/2022
Submission End Date
23/01/2023
Implementation Duration
24 months

For more information, request a telephone appointment by clicking the button below, and a specialized economist from our company will contact you. 

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