Improving energy efficiency of existing manufacturing enterprises (ΑΜΘ41)
Purpose
The purpose of the program is to support investment plans of newly established or under-formation SMEs (excluding the retail, catering, and tourism sectors) that will invest their own resources into their intended activities and create new job positions.
Eligible Beneficiaries
Newly established or under-formation small and medium-sized enterprises (SMEs).
Investment Plan Budget
€30,000 to €400,000
Eligible Expenses
1. Buildings, facilities, and surrounding area
2. Machinery – Equipment (Conventional Expenses)
2.1 Production & Mechanical Equipment
2.2 Other Equipment
3. Digital Equipment – Software and software services
4. Marketing and extroversion expenses
5. Technical Studies
6. Consulting Services
7. Transport Vehicles
8. Indirect expenses
Subsidy Rate
100%
Project duration
30 months from the date of evaluation result approval.
Submission Start Date
22/04/2024
Submission Deadline
06/06/2024
Aid unemployed for business creation (ΑΜΘ40)
Purpose
This Action aims to support tourism entrepreneurship through the creation of new very small, small, and medium-sized enterprises in selected activity codes in the tourism sector. These new businesses will contribute to increasing the capacity of the Greek tourism industry while offering quality and reliable services and enriching the tourism product. They will also help boost employment.
Eligible Beneficiaries
Newly established or under-formation small and medium-sized enterprises (SMEs) with activities in:
1. Primary hotel accommodations
2.Non-primary hotel accommodations
3.Various tourism-related offices
4.Alternative forms of tourism
5.Other entrepreneurial activities in the tourism sector
Investment Plan Budget
80.000€ up to 400.000€
Eligible Expenses
1. Buildings, facilities, and surrounding area
2. Machinery – Equipment (Conventional Expenses)
2.1 Production & Mechanical Equipment
2.2 Other Equipment
3. Digital Equipment – Software and software services
4. Marketing and extroversion expenses
5. Technical Studies
6. Consulting Services
7. Transport Vehicles
8. Indirect expenses
Subsidy Rate
45% (+10% if the investment is made in a remote, fire-affected, or flood-affected area, or small islands; +5% if the employment target of at least 0.2 Full-Time Equivalent (FTE) is declared for the first year after the investment completion).
Project duration
24 months from the date of Approval Decision issuance.
Submission Start Date
18/12/2023
Submission Deadline
22/03/2024
Save – Attempting
Purpose
To address basic shortcomings in applications and equipment for businesses with limited technological modernization.
Eligible Beneficiaries
Very small, small, and medium-sized enterprises (SMEs).
Investment Plan Budget
€18,000 to €30,000
Eligible Expenses
The expenses are divided into three main categories:
1. Equipment (digital office equipment, upgrading internal data transmission networks, etc.)
2. Software (procurement of basic enterprise resource management applications, image processing, 3D modeling and CAD, digital security, customer and supply chain management, production optimization, etc.)
3. Service Provision (consulting support for monitoring the implementation of the investment plan, technical support for implementation, installation, or configuration of applications included in the funding request)
Subsidy Rate
50% (60% in Just Transition Areas)
Project duration
9 months
Submission Start Date
23/02/2023
Deadline
Until the budget is exhausted
I'm Investigating Innovate
Purpose
To enhance the digital and technological maturity of the enterprise with integrated investments in new information and communication technologies that will upgrade its competitiveness.
Eligible Beneficiaries
Very small, small, and medium-sized enterprises (SMEs).
Investment Plan Budget
€50,000 to €650,000
Eligible Expenses
The expenses are divided into three main categories:
1. Equipment(procurement of advanced facility or personnel operating systems, production automation with robotic systems, CNC machines, 3D printers, 3D scanners, internal data transmission network upgrades, advanced technology systems, and mechanical equipment for Industry 4.0 production systems, security systems, robotic systems, digital sensors and controllers, digitally controlled mechanical equipment, advanced digital production systems, etc.)
2. Software (procurement of modern enterprise resource and process management applications, image processing, 3D modeling and CAD, IoT, Big Data analytics, digital security, customer and supply chain management, artificial intelligence tools, production optimization, service upgrade, digital facility control, etc.)
3. Service Provision (technical support for the customization and integration of new systems into SME operations, system certification, etc.)
Subsidy Rate
From 35% to 75%, depending on the enterprise size and the Region it belongs to.
Project duration
15 months
Submission Start Date
23/02/2023
Deadline
Until the budget is exhausted
I'm Investigating Innovate
Purpose
The implementation of integrated investments in cutting-edge technologies or solutions of the 4th Industrial Revolution.
Eligible Beneficiaries
Very small, small, and medium-sized enterprises (SMEs).
Investment Plan Budget
€200,001 to €1,200,000
Eligible Expenses
The expenses are divided into three main categories:
1. Equipment (digitally controlled electromechanical equipment, advanced remote facility operation systems, value chain automation with robotic systems, internal data transmission network upgrades, advanced technological systems: interaction with employees, customers, or suppliers, Industry 4.0, digitally controlled systems, cutting-edge mechanical equipment for Industry 4.0 production systems, autonomous machines, robotic systems, augmented reality, cutting-edge mechanical equipment for security systems, etc.)
2. Software (procurement of advanced intelligence applications for administrative and financial planning, digital security, customer and supply chain management, data analytics with artificial intelligence tools, production optimization, service upgrade, blockchain, etc.)
3. Service Provision (consulting and technical support for the customization and integration of new systems into SME operations, system certification, etc.)
Subsidy Rate
From 35% to 75%, depending on the enterprise size, the Region it belongs to, and the regulations.
Project duration
18 months
Submission Start Date
23/02/2023
Submission Deadline
Until the budget is exhausted
I'm Investigating Innovate
Purpose
The action supports existing businesses in sectors of the RIS3 strategy to upgrade and improve their competitive position by investing in human capital, i.e., hiring unemployed individuals with enhanced qualifications.
Eligible Beneficiaries
Existing very small, small, and medium-sized enterprises (SMEs) that: a) Have fully or partially closed the fiscal year of 2022, b) Are substantively active (Main Activity Code or Activity Code with the highest revenue) in an eligible activity code.
Investment Plan Budget
€12,500,000 with a maximum grant per enterprise of €170,000
Eligible Expenses
Labor cost for new positions/beneficiaries holding a diploma/degree from post-secondary education, a degree from higher education/master's degree, doctoral diploma. Indirect expenses.
Subsidy Rate
100%
Project duration
24 months
Submission Start Date
26/02/2024
Submission Deadline
08/05/2024

Last update date: 20/03/2024

Active Subsidized Programs

22 May 2023

ΙΩΝΙΚΗ Finance
Financial Company

Improving energy efficiency of existing manufacturing enterprises (ΑΜΘ41)
Purpose
The purpose of the program is to support investment plans of newly established or under-formation SMEs (excluding the retail, catering, and tourism sectors) that will invest their own resources into their intended activities and create new job positions.
Eligible Beneficiaries
Newly established or under-formation small and medium-sized enterprises (SMEs).
Investment Plan Budget
€30,000 to €400,000
Eligible Expenses
1. Buildings, facilities, and surrounding area
2. Machinery – Equipment (Conventional Expenses)
2.1 Production & Mechanical Equipment
2.2 Other Equipment
3. Digital Equipment – Software and software services
4. Marketing and extroversion expenses
5. Technical Studies
6. Consulting Services
7. Transport Vehicles
8. Indirect expenses
Subsidy Rate
100%
Project duration
30 months from the date of evaluation result approval.
Submission Start Date
22/04/2024
Submission Deadline
06/06/2024
Aid unemployed for business creation (ΑΜΘ40)
Purpose
This Action aims to support tourism entrepreneurship through the creation of new very small, small, and medium-sized enterprises in selected activity codes in the tourism sector. These new businesses will contribute to increasing the capacity of the Greek tourism industry while offering quality and reliable services and enriching the tourism product. They will also help boost employment.
Eligible Beneficiaries
Newly established or under-formation small and medium-sized enterprises (SMEs) with activities in:
1. Primary hotel accommodations
2.Non-primary hotel accommodations
3.Various tourism-related offices
4.Alternative forms of tourism
5.Other entrepreneurial activities in the tourism sector
Investment Plan Budget
80.000€ up to 400.000€
Eligible Expenses
1. Buildings, facilities, and surrounding area
2. Machinery – Equipment (Conventional Expenses)
2.1 Production & Mechanical Equipment
2.2 Other Equipment
3. Digital Equipment – Software and software services
4. Marketing and extroversion expenses
5. Technical Studies
6. Consulting Services
7. Transport Vehicles
8. Indirect expenses
Subsidy Rate
45% (+10% if the investment is made in a remote, fire-affected, or flood-affected area, or small islands; +5% if the employment target of at least 0.2 Full-Time Equivalent (FTE) is declared for the first year after the investment completion).
Project duration
24 months from the date of Approval Decision issuance.
Submission Start Date
18/12/2023
Submission Deadline
22/03/2024
Save – Attempting
Purpose
To address basic shortcomings in applications and equipment for businesses with limited technological modernization.
Eligible Beneficiaries
Very small, small, and medium-sized enterprises (SMEs).
Investment Plan Budget
€18,000 to €30,000
Eligible Expenses
The expenses are divided into three main categories:
1. Equipment (digital office equipment, upgrading internal data transmission networks, etc.)
2. Software (procurement of basic enterprise resource management applications, image processing, 3D modeling and CAD, digital security, customer and supply chain management, production optimization, etc.)
3. Service Provision (consulting support for monitoring the implementation of the investment plan, technical support for implementation, installation, or configuration of applications included in the funding request)
Subsidy Rate
50% (60% in Just Transition Areas)
Project duration
9 months
Submission Start Date
23/02/2023
Deadline
Until the budget is exhausted
I'm Investigating Innovate
Purpose
To enhance the digital and technological maturity of the enterprise with integrated investments in new information and communication technologies that will upgrade its competitiveness.
Eligible Beneficiaries
Very small, small, and medium-sized enterprises (SMEs).
Investment Plan Budget
€50,000 to €650,000
Eligible Expenses
The expenses are divided into three main categories:
1. Equipment(procurement of advanced facility or personnel operating systems, production automation with robotic systems, CNC machines, 3D printers, 3D scanners, internal data transmission network upgrades, advanced technology systems, and mechanical equipment for Industry 4.0 production systems, security systems, robotic systems, digital sensors and controllers, digitally controlled mechanical equipment, advanced digital production systems, etc.)
2. Software (procurement of modern enterprise resource and process management applications, image processing, 3D modeling and CAD, IoT, Big Data analytics, digital security, customer and supply chain management, artificial intelligence tools, production optimization, service upgrade, digital facility control, etc.)
3. Service Provision (technical support for the customization and integration of new systems into SME operations, system certification, etc.)
Subsidy Rate
From 35% to 75%, depending on the enterprise size and the Region it belongs to.
Project duration
15 months
Submission Start Date
23/02/2023
Deadline
Until the budget is exhausted
I'm Investigating Innovate
Purpose
The implementation of integrated investments in cutting-edge technologies or solutions of the 4th Industrial Revolution.
Eligible Beneficiaries
Very small, small, and medium-sized enterprises (SMEs).
Investment Plan Budget
€200,001 to €1,200,000
Eligible Expenses
The expenses are divided into three main categories:
1. Equipment (digitally controlled electromechanical equipment, advanced remote facility operation systems, value chain automation with robotic systems, internal data transmission network upgrades, advanced technological systems: interaction with employees, customers, or suppliers, Industry 4.0, digitally controlled systems, cutting-edge mechanical equipment for Industry 4.0 production systems, autonomous machines, robotic systems, augmented reality, cutting-edge mechanical equipment for security systems, etc.)
2. Software (procurement of advanced intelligence applications for administrative and financial planning, digital security, customer and supply chain management, data analytics with artificial intelligence tools, production optimization, service upgrade, blockchain, etc.)
3. Service Provision (consulting and technical support for the customization and integration of new systems into SME operations, system certification, etc.)
Subsidy Rate
From 35% to 75%, depending on the enterprise size, the Region it belongs to, and the regulations.
Project duration
18 months
Submission Start Date
23/02/2023
Submission Deadline
Until the budget is exhausted
I'm Investigating Innovate
Purpose
The action supports existing businesses in sectors of the RIS3 strategy to upgrade and improve their competitive position by investing in human capital, i.e., hiring unemployed individuals with enhanced qualifications.
Eligible Beneficiaries
Existing very small, small, and medium-sized enterprises (SMEs) that: a) Have fully or partially closed the fiscal year of 2022, b) Are substantively active (Main Activity Code or Activity Code with the highest revenue) in an eligible activity code.
Investment Plan Budget
€12,500,000 with a maximum grant per enterprise of €170,000
Eligible Expenses
Labor cost for new positions/beneficiaries holding a diploma/degree from post-secondary education, a degree from higher education/master's degree, doctoral diploma. Indirect expenses.
Subsidy Rate
100%
Project duration
24 months
Submission Start Date
26/02/2024
Submission Deadline
08/05/2024

Last update date: 20/03/2024

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