The highly anticipated action to support the establishment of new SMEs began with the publication of the call on 18/12/2023. The action concerns the support of investment plans for newly established and startup SMEs (excluding the sectors of retail trade, catering, and tourism), which will invest their own resources in the activities they intend to undertake and create new jobs.
The total public expenditure for the action amounts to 190.000.000€ distributed as 41.800.000€ in transition regions (Attica and South Aegean) and 148.200.000€ in less developed regions (North Aegean, Eastern Macedonia-Thrace, Central Macedonia, Epirus, Thessaly, Western Greece, Crete, Western Macedonia, Ionian Islands, Central Greece, Peloponnese).
Purpose
The purpose of the action is to strengthen entrepreneurship by creating new very small, small, and medium-sized enterprises in selected sectors of all economic branches, excluding catering, retail trade, and tourism, and will be implemented with resources from the "Competitiveness" program of the NSRF 2021-2027.
Eligible Beneficiaries
Within the framework of the program, eligible beneficiaries may be newly established and start-up Micro, Small, and Medium-sized Enterprises, which will operate or are operating in the eligible NACE codes of the call.
Start-ups: Businesses that will be established from the date of the announcement of the action until the first disbursement of the grant and will operate exclusively in the eligible NACE code(s) throughout the implementation of the investment plan and until the completion of the investment.
Newly established: Newly established businesses are defined as those that have not been in continuous operation for 12 months (12 months have not passed from the start date of the business in the tax authorities until the announcement date of the action). It is noted that they must operate exclusively in the eligible NACE codes of the action during the submission of the funding application, throughout the implementation of the investment plan, and until the completion of the investment.
The main eligibility criteria for a business to join the program are as follows:
BASIC REQUIREMENTS
| 1 | Enterprises established or intending to establish themselves in the Greek territory. |
| 2. | The status of SME (Small and Medium-sized Enterprises). |
| 3. | The enterprise must possess at least one of the eligible NACE codes for the proposed investment plan (before the first disbursement of the grant). |
| 4. | One and only one funding application per tax identification number (TIN) in this action. |
| 5. | At least a score of 70 in the self-assessment of the investment plan based on the criteria specified in the announcement. |
| 6. | For the implementation of the actions of this initiative, a declaration of location(s) exclusively in one region of the country and in areas where the same aid intensity applies. |
| 7. | An approved building permit in effect, or an application for its issuance, or a pre-approval of a building permit, or a certification of building conditions, or at least a submitted application for pre-approval of a building permit or certification of building conditions, if a building permit is required at the time of submission of the funding application. If the investment plan includes expenses for buildings and other installations for which a building permit is not required, a Responsible Declaration from the Legal Representative must be submitted, certifying that a building permit is not required with relevant detailed justification. |
| 8. | Submission of Land Use Certificate for the above location of investment implementation. |
| 9. | Submission of documentation regarding the rights of use (ownership, usufruct, use/lease in effect) held on the property for a period of at least 6 years. The six-year period is calculated from the date of the announcement of the initiative. Specifically, for the construction of a building, the lease must be at least 12 years from the date of the announcement of the initiative. |
| 10. | Submission of proof of securing the Private Participation of the proposed investment plan at a rate of at least 60% of this. |
| 11. | Operation or intention to operate exclusively in one of the following forms of corporate/commercial enterprises: [Public Limited Company, Single-Member Public Limited Company, Limited Liability Company, Single-Member Limited Liability Company, General Partnership, Limited Partnership, I.K.E., Single-Member Private Capital Company, Sole Proprietorship, Commercial Non-Profit Company, Social Cooperative Enterprise, Law Firm, Urban Cooperative of Limited Liability, Urban Cooperative of Unlimited Liability, Commercial Urban Cooperative, Notary Company, Limited Liability Social Cooperative (K.O.I.S.P.E.)] and maintain simple or double-entry bookkeeping. |
Eligible Expenses
. eligible expenses are divided into two categories: expenses for equipment and expenses for service provision.
Eligible expenses include additional investment costs required to achieve the highest level of energy efficiency. Costs not directly associated with achieving a higher level of energy efficiency are ineligible. The total costs should not involve improving building energy efficiency.
The eligibility date is defined as the date of electronic application submission, except for service provision expenses, which are eligible from the publication date of the call.
Equipment Expenses Include:
| ELIGIBLE CATEGORIES OF EXPENDITURE | |||
|---|---|---|---|
| A/A | CLASSIFICATION CHARGE | EXPENSE | LIMITS OF EXPENDITURE |
| 03. Costs for Land, Buildings, Facilities & Surroundings | |||
| 1 Buildings, Facilities, and Surrounding Area | 03. Costs for Land, Buildings, Facilities & Surroundings | 03.13 Κτίρια, εγκαταστάσεις και περιβάλλων χώρος | up to 80% of the Subsidised Budget |
| 02. Costs Of Equipment, Transport & Institutions | |||
| 2 Μηχανήματα – Εξοπλισμός | 02. Costs Of Equipment, Transport & Institutions | 02.20 Παραγωγικός και Μηχανολογικός εξοπλισμός 02.05 Εξοπλισμός για την προστασία του Περιβάλλοντος και Εξοικονόμηση Ενέργειας 02.22 Εξοπλισμός κυκλικής οικονομίας 02.19 Ψηφιακός Εξοπλισμός γραφείου 02.06 Λοιπός Εξοπλισμός επιχείρησης | 02.19 Ψηφιακός Εξοπλισμός γραφείου έως 10.000€ 02. 06 Λοιπός Εξοπλισμός επιχείρησης έως 10.000€ |
| 3 Μεταφορικά Μέσα | 02. Costs Of Equipment, Transport & Institutions | 02.09 Μεταφορικά Μέσα Υποχρεωτικά ηλεκτρικά οχήματα | Up to €50,000 |
| 06. Expenditure Software | |||
| 4 Λογισμικό | 0.6 Δαπάνες Λογισμικού | 06.07.Λογισμικό και δικαιώματα χρήσης (licenses) προγραμμάτων λογισμικού 06.05. Κατασκευή ιστοσελίδας, e-shop, mobile εφαρμογών ως πάγια στοιχεία | up to 10.000€ |
| 04. Costs for the Provision of Services | |||
| 5 Υπηρεσίες προμήθειας/χρήσης λογισμικού υπό καθεστώς «ως υπηρεσία» | 0.4 Δαπάνες για Παροχή Υπηρεσιών | 04.17 Υπηρεσίες εγκατάστασης, παραμετροποίησης Λογισμικού/Εφαρμογών - Εκπαίδευση χρηστών 04.18 Υπηρεσίες προμήθειας/χρήσης Λογισμικού υπό καθεστώς «Software as a Service», «cloud computing» ή άλλο παρεμφερές αυτού | to 5,000€ |
| 6 Πιστοποίηση Συστημάτων Διασφάλισης Ποιότητας και Περιβαλλοντικής Διαχείρισης | 0.4 Δαπάνες για Παροχή Υπηρεσιών | 04.23 Certification of systems of quality assurance and environmental management | up to€3,000 |
| 7 Μελέτες - Συμβουλευτικές Υπηρεσίες | 04. Costs for the Provision of Services | 04.29 Τεχνικές Μελέτες απαραιτήτως συνδεόμενες με δαπάνες του επενδυτικού σχεδίου 04.03 Δαπάνες για συμβουλευτικές και ισοδύναμες υποστηρικτικές υπηρεσίες χρησιμοποιούμενες αποκλειστικά για την πράξη 04.08 Δαπάνες υποβολής της αίτησης χρηματοδότησης 04.11 Συμβουλευτική υποστήριξη για την παρακολούθηση της υλοποίησης του επενδυτικού σχεδίου 04.04 Δαπάνες για συμβουλευτικές και υποστηρικτικές υπηρεσίες στον τομέα της καινοτομίας 04.10 Μελέτες / έρευνες αγοράς | Σύνολο των 04.29, 04.03, 04.08, 04.11, 04.04 και 04.10 έως 30.000€ 04.03 έως 3.000€ Άθροισμα των 04.08 και 04.11 έως 10.000 |
| 07. Expenditure Projection, Promotion & Networking | |||
| 8 Δαπάνες Προβολής - Εξωστρέφειας - Διεθνοποίησης | 07. Expenditure Projection, Promotion & Networking | 07.03 Δαπάνες προβολής σε ηλεκτρονικά μέσα κοινωνικής / επαγγελματικής δικτύωσης 07.04 Δαπάνες συμμετοχής ΜΜΕ σε εμπορικές εκθέσεις 07.06 Διαφημιστικές καταχωρίσεις σε έντυπη ή/και ηλεκτρονική μορφή 07.13 Σχεδιασμός και παραγωγή έντυπου πληροφοριακού υλικού 07.14 Σχεδιασμός λογοτύπου και εταιρικής ταυτότητας | Άθροισμα των 07.03, 07.04, 07.06 και 07.13 έως 10.000€ 07.14 έως 20.000€ |
| 09. Indirect costs | |||
| 9 Έμμεσες δαπάνες | 09. Indirect costs | 09.01 Έμμεσες δαπάνες | 7% of the eligible direct costs of the investment project |
Budget, Implementation Duration, and Subsidy Rates
The subsidized budget for each investment plan ranges from 30.000€ to 400.000€. If the submitted investment plan has a budget lower than 30.000€, it will be deemed ineligible from the outset and cannot be submitted.
The deadline for completing the funded investments is 24 months from the date of the Approval Decision.
The subsidy rate for the funding applications is uniform for all eligible expenses of the investment plans and amounts to 45% of the subsidized budget. The subsidy rate may increase by: a) 10% if the investment is made in a remote, fire-affected, or flood-affected area or small islands (according to the announcement) and/or b) an additional 5% with the declaration, upon submission of the funding application, of an employment target of at least 1 FTE, in the first year after the investment is completed.
The applications for the program started on 18/12/2023 with the publication of the announcement, and the process will be completed on 29/02/2024.
Contact us
Enhancement of the Establishment and Operation of New Small and Medium-Sized Enterprises
24 January 2024
Stavros Nikas
Economist
ΙΩΝΙΚΗ Finance
The highly anticipated action to support the establishment of new SMEs began with the publication of the call on 18/12/2023. The action concerns the support of investment plans for newly established and startup SMEs (excluding the sectors of retail trade, catering, and tourism), which will invest their own resources in the activities they intend to undertake and create new jobs.
The total public expenditure for the action amounts to 190.000.000€ distributed as 41.800.000€ in transition regions (Attica and South Aegean) and 148.200.000€ in less developed regions (North Aegean, Eastern Macedonia-Thrace, Central Macedonia, Epirus, Thessaly, Western Greece, Crete, Western Macedonia, Ionian Islands, Central Greece, Peloponnese).
Purpose
The purpose of the action is to strengthen entrepreneurship by creating new very small, small, and medium-sized enterprises in selected sectors of all economic branches, excluding catering, retail trade, and tourism, and will be implemented with resources from the "Competitiveness" program of the NSRF 2021-2027.
Eligible Beneficiaries
Within the framework of the program, eligible beneficiaries may be newly established and start-up Micro, Small, and Medium-sized Enterprises, which will operate or are operating in the eligible NACE codes of the call.
Start-ups: Businesses that will be established from the date of the announcement of the action until the first disbursement of the grant and will operate exclusively in the eligible NACE code(s) throughout the implementation of the investment plan and until the completion of the investment.
Newly established: Newly established businesses are defined as those that have not been in continuous operation for 12 months (12 months have not passed from the start date of the business in the tax authorities until the announcement date of the action). It is noted that they must operate exclusively in the eligible NACE codes of the action during the submission of the funding application, throughout the implementation of the investment plan, and until the completion of the investment.
The main eligibility criteria for a business to join the program are as follows:
BASIC REQUIREMENTS
| 1 | Enterprises established or intending to establish themselves in the Greek territory. |
| 2. | The status of SME (Small and Medium-sized Enterprises). |
| 3. | The enterprise must possess at least one of the eligible NACE codes for the proposed investment plan (before the first disbursement of the grant). |
| 4. | One and only one funding application per tax identification number (TIN) in this action. |
| 5. | At least a score of 70 in the self-assessment of the investment plan based on the criteria specified in the announcement. |
| 6. | For the implementation of the actions of this initiative, a declaration of location(s) exclusively in one region of the country and in areas where the same aid intensity applies. |
| 7. | An approved building permit in effect, or an application for its issuance, or a pre-approval of a building permit, or a certification of building conditions, or at least a submitted application for pre-approval of a building permit or certification of building conditions, if a building permit is required at the time of submission of the funding application. If the investment plan includes expenses for buildings and other installations for which a building permit is not required, a Responsible Declaration from the Legal Representative must be submitted, certifying that a building permit is not required with relevant detailed justification. |
| 8. | Submission of Land Use Certificate for the above location of investment implementation. |
| 9. | Submission of documentation regarding the rights of use (ownership, usufruct, use/lease in effect) held on the property for a period of at least 6 years. The six-year period is calculated from the date of the announcement of the initiative. Specifically, for the construction of a building, the lease must be at least 12 years from the date of the announcement of the initiative. |
| 10. | Submission of proof of securing the Private Participation of the proposed investment plan at a rate of at least 60% of this. |
| 11. | Operation or intention to operate exclusively in one of the following forms of corporate/commercial enterprises: [Public Limited Company, Single-Member Public Limited Company, Limited Liability Company, Single-Member Limited Liability Company, General Partnership, Limited Partnership, I.K.E., Single-Member Private Capital Company, Sole Proprietorship, Commercial Non-Profit Company, Social Cooperative Enterprise, Law Firm, Urban Cooperative of Limited Liability, Urban Cooperative of Unlimited Liability, Commercial Urban Cooperative, Notary Company, Limited Liability Social Cooperative (K.O.I.S.P.E.)] and maintain simple or double-entry bookkeeping. |
Eligible Expenses
. eligible expenses are divided into two categories: expenses for equipment and expenses for service provision.
Eligible expenses include additional investment costs required to achieve the highest level of energy efficiency. Costs not directly associated with achieving a higher level of energy efficiency are ineligible. The total costs should not involve improving building energy efficiency.
The eligibility date is defined as the date of electronic application submission, except for service provision expenses, which are eligible from the publication date of the call.
Equipment Expenses Include:
| ELIGIBLE CATEGORIES OF EXPENDITURE | |||
|---|---|---|---|
| A/A | CLASSIFICATION CHARGE | EXPENSE | LIMITS OF EXPENDITURE |
| 03. Costs for Land, Buildings, Facilities & Surroundings | |||
| 1 Buildings, Facilities, and Surrounding Area | 03. Costs for Land, Buildings, Facilities & Surroundings | 03.13 Κτίρια, εγκαταστάσεις και περιβάλλων χώρος | up to 80% of the Subsidised Budget |
| 02. Costs Of Equipment, Transport & Institutions | |||
| 2 Μηχανήματα – Εξοπλισμός | 02. Costs Of Equipment, Transport & Institutions | 02.20 Παραγωγικός και Μηχανολογικός εξοπλισμός 02.05 Εξοπλισμός για την προστασία του Περιβάλλοντος και Εξοικονόμηση Ενέργειας 02.22 Εξοπλισμός κυκλικής οικονομίας 02.19 Ψηφιακός Εξοπλισμός γραφείου 02.06 Λοιπός Εξοπλισμός επιχείρησης | 02.19 Ψηφιακός Εξοπλισμός γραφείου έως 10.000€ 02. 06 Λοιπός Εξοπλισμός επιχείρησης έως 10.000€ |
| 3 Μεταφορικά Μέσα | 02. Costs Of Equipment, Transport & Institutions | 02.09 Μεταφορικά Μέσα Υποχρεωτικά ηλεκτρικά οχήματα | Up to €50,000 |
| 06. Expenditure Software | |||
| 4 Λογισμικό | 0.6 Δαπάνες Λογισμικού | 06.07.Λογισμικό και δικαιώματα χρήσης (licenses) προγραμμάτων λογισμικού 06.05. Κατασκευή ιστοσελίδας, e-shop, mobile εφαρμογών ως πάγια στοιχεία | up to 10.000€ |
| 04. Costs for the Provision of Services | |||
| 5 Υπηρεσίες προμήθειας/χρήσης λογισμικού υπό καθεστώς «ως υπηρεσία» | 0.4 Δαπάνες για Παροχή Υπηρεσιών | 04.17 Υπηρεσίες εγκατάστασης, παραμετροποίησης Λογισμικού/Εφαρμογών - Εκπαίδευση χρηστών 04.18 Υπηρεσίες προμήθειας/χρήσης Λογισμικού υπό καθεστώς «Software as a Service», «cloud computing» ή άλλο παρεμφερές αυτού | to 5,000€ |
| 6 Πιστοποίηση Συστημάτων Διασφάλισης Ποιότητας και Περιβαλλοντικής Διαχείρισης | 0.4 Δαπάνες για Παροχή Υπηρεσιών | 04.23 Certification of systems of quality assurance and environmental management | up to€3,000 |
| 7 Μελέτες - Συμβουλευτικές Υπηρεσίες | 04. Costs for the Provision of Services | 04.29 Τεχνικές Μελέτες απαραιτήτως συνδεόμενες με δαπάνες του επενδυτικού σχεδίου 04.03 Δαπάνες για συμβουλευτικές και ισοδύναμες υποστηρικτικές υπηρεσίες χρησιμοποιούμενες αποκλειστικά για την πράξη 04.08 Δαπάνες υποβολής της αίτησης χρηματοδότησης 04.11 Συμβουλευτική υποστήριξη για την παρακολούθηση της υλοποίησης του επενδυτικού σχεδίου 04.04 Δαπάνες για συμβουλευτικές και υποστηρικτικές υπηρεσίες στον τομέα της καινοτομίας 04.10 Μελέτες / έρευνες αγοράς | Σύνολο των 04.29, 04.03, 04.08, 04.11, 04.04 και 04.10 έως 30.000€ 04.03 έως 3.000€ Άθροισμα των 04.08 και 04.11 έως 10.000 |
| 07. Expenditure Projection, Promotion & Networking | |||
| 8 Δαπάνες Προβολής - Εξωστρέφειας - Διεθνοποίησης | 07. Expenditure Projection, Promotion & Networking | 07.03 Δαπάνες προβολής σε ηλεκτρονικά μέσα κοινωνικής / επαγγελματικής δικτύωσης 07.04 Δαπάνες συμμετοχής ΜΜΕ σε εμπορικές εκθέσεις 07.06 Διαφημιστικές καταχωρίσεις σε έντυπη ή/και ηλεκτρονική μορφή 07.13 Σχεδιασμός και παραγωγή έντυπου πληροφοριακού υλικού 07.14 Σχεδιασμός λογοτύπου και εταιρικής ταυτότητας | Άθροισμα των 07.03, 07.04, 07.06 και 07.13 έως 10.000€ 07.14 έως 20.000€ |
| 09. Indirect costs | |||
| 9 Έμμεσες δαπάνες | 09. Indirect costs | 09.01 Έμμεσες δαπάνες | 7% of the eligible direct costs of the investment project |
Budget, Implementation Duration, and Subsidy Rates
The subsidized budget for each investment plan ranges from 30.000€ to 400.000€. If the submitted investment plan has a budget lower than 30.000€, it will be deemed ineligible from the outset and cannot be submitted.
The deadline for completing the funded investments is 24 months from the date of the Approval Decision.
The subsidy rate for the funding applications is uniform for all eligible expenses of the investment plans and amounts to 45% of the subsidized budget. The subsidy rate may increase by: a) 10% if the investment is made in a remote, fire-affected, or flood-affected area or small islands (according to the announcement) and/or b) an additional 5% with the declaration, upon submission of the funding application, of an employment target of at least 1 FTE, in the first year after the investment is completed.
The applications for the program started on 18/12/2023 with the publication of the announcement, and the process will be completed on 29/02/2024.
Contact us
Stavros Nikas
Economist-ΙΩΝΙΚΗ Consultancy
s.nikas@ioniki.net
+30 2541 20 00 41
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