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Subsidies and Grants

Through this section, we will constantly inform you about the active and upcoming European subsidies and grants that aim to promote the development of the Greek economy.

New Development Law (1)

State: Active

Start: 2022   –   End: 2027

The purpose of the new Development law 2022 is to promote the economic development of Greece by providing incentives to certain business activities and sectors.

To that end, the new Development Law introduces provisions that aim at speeding up all procedures regarding the evaluation, approval, control, and certification of the investment plans falling under the aid schemes it provides.

Very small, small, medium, or large companies.

Investment entities that are established or have a branch in the Greek Territory at the time of commencement of the investment project and have one of the following forms:

  1. Commercial company,
  2. Cooperative,
  3. Social Cooperative Enterprises,
  4. Agricultural Cooperatives,
  5. Producer Groups,
  6. Urban Cooperatives,
  7. Agricultural Corporate Partnerships,
  8. Companies under establishment or under merger, with the obligation to have completed publicity procedures before the start of work on the investment project,
  9. Consortiums exercising commercial activity, Public and municipal enterprises, and their subsidiaries.

The new development law 2022 defines 13 new aid schemes and introduces for the first time a thematic orientation instead of a horizontal dimension. Each scheme focuses on specific sectors of the Greek economy.

The 13 aid schemes are:

  1. Digital and Technological Transformation
  2. Green Transition – Environmental Upgrade
  3. New Business
  4. Fair Development Transition
  5. Research and Applied Innovation
  6. Agri-food – Primary Production and Processing of Agricultural Products – Fisheries and Aquaculture
  7. Manufacturing – Supply Chain
  8. Business Extroversion
  9. Support for Tourist Investments
  10. Alternative Forms of Tourism
  11. Large-scale Investments
  12. European Value Chains
  13. Entrepreneurship 360o

All regions of Greece.

  1. Subsidy
  2. Tax Exemption
  3. Leasing Subsidy
  4. Employment Cost Subsidy
  5. Funding of Corporate Risk (only for the «New Business» scheme)
Green Transition – Environmental Upgrade

State: Upcoming

Start: 2022   –   End: 2027

The “Green Transition – Environmental Upgrade” pillar of the new Development Law will include investment projects that have as their object the protection of the environment, as well as other existing business activities with the condition of implementing costs for energy efficiency and environmental protection measures.

Very small, small, medium, or large companies.

Investment entities that are established or have a branch in the Greek Territory at the time of commencement of the investment project and have one of the following forms:

  1. Commercial company,
  2. Cooperative,
  3. Social Cooperative Enterprises,
  4. Agricultural Cooperatives,
  5. Producer Groups,
  6. Urban Cooperatives,
  7. Agricultural Corporate Partnerships,
  8. Companies under establishment or under merger, with the obligation to have completed publicity procedures before the start of work on the investment project,
  9. Consortiums exercising commercial activity, Public and municipal enterprises, and their subsidiaries.

Investment plans that aim to promote the circular economy, sustainable development, and the adoption of technologies that contribute to the protection of the environment and the energy upgrade of business units.

All regions of Greece.

Aid rate: up to 70% of the budget.

*the amount of the aid rate depends on the size of the business, the location of the investment plan’s implementation, and the type of aid.

Aid amount: up to €10,000,000 per investment project.

Research and Applied Innovation

State: Upcoming

Start: 2022   –   End: 2027

The “Research and Applied Innovation” pillar of the new Development Law 2022 aims to strengthen investment projects that promote research and promote the development and implementation of ideas and technologies that improve goods and services and make production more efficient.

Very small, small, medium, or large companies.

Investment entities that are established or have a branch in the Greek Territory at the time of commencement of the investment project and have one of the following forms:

  1. Commercial company,
  2. Cooperative,
  3. Social Cooperative Enterprises,
  4. Agricultural Cooperatives,
  5. Producer Groups,
  6. Urban Cooperatives,
  7. Agricultural Corporate Partnerships,
  8. Companies under establishment or under merger, with the obligation to have completed publicity procedures before the start of work on the investment project,
  9. Consortiums exercising commercial activity, Public and municipal enterprises, and their subsidiaries.

Investment projects that contribute to the development of technology or the provision of services through technological development, the production of innovative products or the introduction of procedural or organizational infrastructure, the exploitation of research results, the increase of employment and the creation of jobs of high added value.

All regions of Greece.

Aid rate: up to 70% of the budget.

*the amount of the aid rate depends on the size of the business, the location of the investment plan’s implementation, and the type of aid.

Aid amount: up to €10,000,000 per investment project.

Business Extroversion (1)

State: Upcoming

Start: 2022   –   End: 2027

Investment projects that develop business extroversion and export activities fall under the “Business Extroversion” pillar of the new Development Law 2022.

Very small, small, medium, or large companies.

Investment entities that are established or have a branch in the Greek Territory at the time of commencement of the investment project and have one of the following forms:

  1. Commercial company,
  2. Cooperative,
  3. Social Cooperative Enterprises,
  4. Agricultural Cooperatives,
  5. Producer Groups,
  6. Urban Cooperatives,
  7. Agricultural Corporate Partnerships,
  8. Companies under establishment or under merger, with the obligation to have completed publicity procedures before the start of work on the investment project,
  9. Consortiums exercising commercial activity, Public and municipal enterprises, and their subsidiaries.

Business investment plans that aim to penetrate new foreign markets by exporting their products or services.

All regions of Greece.

Aid rate: up to 70% of the budget.

*the amount of the aid rate depends on the size of the business, the location of the investment plan’s implementation, and the type of aid.

Aid amount: up to €10,000,000 per investment project.

Large-scale Investments

State: Upcoming

Start: 2022   –   End: 2027

The “Large-scale Investments” pillar of the new development law 2022 aims to strengthen large investment projects which will significantly contribute to the development of the country’s local economies.

Very small, small, medium, or large companies.

Investment entities that are established or have a branch in the Greek Territory at the time of commencement of the investment project and have one of the following forms:

  1. Commercial company,
  2. Cooperative,
  3. Social Cooperative Enterprises,
  4. Agricultural Cooperatives,
  5. Producer Groups,
  6. Urban Cooperatives,
  7. Agricultural Corporate Partnerships,
  8. Companies under establishment or under merger, with the obligation to have completed publicity procedures before the start of work on the investment project,
  9. Consortiums exercising commercial activity, Public and municipal enterprises, and their subsidiaries.

Investment plans whose budget for all eligible expenses exceeds the amount of €15,000,000.

* excluding investment projects that fall under the regimes of a) agro-food, b) tourist investments and c) alternative forms of tourism.

All regions of Greece.

Aid rate: up to 70% of the budget.

*the amount of the aid rate depends on the size of the business, the location of the investment plan’s implementation, and the type of aid.

Aid amount: up to €10,000,000 per investment project.

Innovation Loan (1)

State: Active

Start: 2022   –   End: 2027

In cooperation with the Hellenic Development Bank (HDB) and through the “Innovation Guarantee Fund” program, the Greek banks will provide the right to lend on favorable terms and provide a grant of up to 20% (of the loan) with the aim of strengthening the liquidity of innovative small and medium enterprises. The strengthening of liquidity through lending will aim at the implementation of investment plans related to the creation of four (4) types of innovation:

  • Product Innovations
  • Process Innovations
  • Marketing Innovations
  • Organizational Innovations

Applications for loans from the Innovation Guarantee Fund can be submitted by existing and newly established micro, small and medium enterprises, regardless of legal form, which:

  • They present an innovative character. Meet at least one (1) of the innovation eligibility criteria,
  • They are bank aware. Have no debts that exceed 90 days at the date of application,
  • They have their headquarters and place of investment within the Greek territory,
  • They are double-checked before submitting the application.

In order to be considered eligible for receiving a loan from the Innovation Guarantee Fund, a company must meet 1 of the 12 innovation eligibility criteria.

  • They are registered in the start-up register “Elevate Greece”. 
  • It has previously participated in a program to support research and innovation and technological development. 
  • The business plan (business plan) confirms that in the near future it will develop products or services that are new or substantially improved from the existing ones. 
  • It has been operating for less than 12 years and for the last three years, every year, it has shown an average annual growth in turnover or employees of 20%. 
  • Research and innovation expenditure represents at least 5% of total operating expenditure in 1 of the last 3 years. 
  • Through the business plan, he promises to spend at least 80% of the loan amount on research and innovation activities. 
  • He has previously participated in European programs, such as Horizon 2020, ESPA, EPANEK, etc. 
  • It has received a research and innovation award within the last 2 years from an EU institution. 
  • Has registered a technology right (patent application) within the last 2 years. 
  • Has received funding from Venture Capital or Business Angels within the last 2 years.
  • They have invested in innovation within the last 3 years. It has been designated as an “Innovative Enterprise” within the last 3 years.

All regions of Greece.

The amount of the loan for which the eligible businesses will be able to apply will range from €25,000 up to €400,000.

Agricultural Reconstructing (1)

State: Expired

Start: 28 July 2022   –   End: 15 November 2022

Aid scheme for the restructuring of SME agricultural holdings in crops that are resistant to climate change and produce products with a strong export character.

The objective of the Sub-Project is:

a) Improving the productivity of tree crops in the primary sector.

b) Improving the position of farmers in the value chain.

c) Strengthening the competitiveness of agricultural products in the markets with the use of new varieties.

d) Dealing with the effects of climate change.

e) Sustainable development and more efficient management of natural resources.

Each investment plan will have to demonstrate that it fulfills at least one of these objectives.

Existing SMEs that meet one of the following conditions:

a. They are Producer Groups, Producer Organizations, Agricultural Cooperatives, Agricultural Corporate Partnerships, and Joint Stock Companies whose majority shares belong to Cooperatives.

Small and medium-sized enterprises at the start-up stage that meet one of the following conditions are recommended:

b. They complete the incorporation procedures no later than the date of issuance of the inclusion decision and are Producer Groups, Producer Organizations, Agricultural Cooperatives, Agricultural Corporate Partnerships, and Joint Stock Companies whose majority shares belong to Cooperatives.

Aids for investment in tangible or intangible assets on agricultural holdings linked to primary agricultural production.

Expenditures aimed at:

  1. The improvement of the agricultural holding through the reduction of production costs or the improvement and rearrangement of production.
  2. Improving the productivity of tree crops in the primary sector.

All regions of Greece.

Aid rate: up to 80% of the investment plan
Minimum eligible budget = €500,000
Maximum eligible budget = €1,000,000

State: Active

End: 17 January 2023

Smart4All is part of the H2020 Innovation Action. This project received funding from the European Union’s Horizon 2020 Research & Innovation Program under grant agreement No872614 via the development of self-sustained, cross-border experiments that transfer knowledge & technology between academia & industry.

SMART4ALL will be of short-term duration (9 months) and will consist of cross-border Pathfinder Application Experiments (PAEs) between 3 different entities from at least two different eligible countries.

For this Cross-Domain Technology Transfer Experiment (CTTE) proposal, you need partners. One Academic/Industrial Technology Provider transfers a novel technology to one Industrial Technology Receiving partner as an earlyadopter and then one Industrial productization partner extends the value chain. The partners shall apply together as a consortium through a simple application form.

The leading partner must always have an Industrial partner status (SME or Slightly Bigger company).

The targeted application areas are domains that are not adequately represented in current Smart Anything Everywhere (SAE) projects and include:

  1. Digitized Environment
  2. Digitized Agriculture
  3. Digitized Anything
  4. Digitized Transport

Smart4All selected for funding FTTE experiments will be supported with a lump sum of up to €80.000.

Elevate Greece

State: Expired

Start: 22 June 2022 – End: 30 November 2022

“Elevate Greece” is an initiative launched by the Greek Government, with the aim of identifying promising startups and supporting their growth, cultivating a strong innovation ecosystem along the way.

The second cycle of “Elevate Greece” comes to support start-ups in the form of a non-refundable grant (working capital), so that they remain viable and jobs are not lost, taking into account the adverse conditions of the COVID-19 crisis and the prolonged exacerbation of the disease.

  1. Start-ups which are registered in the national register of start-ups «Elevate Greece».
  2. They started operating before 31/12/2021.
  3. Very small, small, or medium companies.
  4. In the 2nd cycle of “Elevate Greece” beneficiaries are also the start-up companies that received a grant in the 1st cycle, provided that they receive a total of up to €100,000.00 from both cycles.

All regions of Greece.

Aid rate: up to 80% of start-up costs (for the fiscal year 2020 or 2021).

Aid amount: from €5,000 up to €100,000.

New Business (1)

State: Upcoming

Start: 2022   –   End: 2027

The “New Business” pillar of the new Development Law 2022 is related to the strengthening and support of new entrepreneurs active in specific sectors of the economy through the coverage of costs of setting up companies and carrying out research activities, as well as costs of implementing initial investments.

Micro and small businesses under establishment.

Investment projects falling within primary production, agricultural processing, fisheries, aquaculture, research and applied innovation, digital and technological transformation, non-agricultural processing, and supply chain.

All regions of Greece.

Aid rate: up to 70% of the budget.

*the amount of the aid rate depends on the size of the business, the location of the investment plan’s implementation, and the type of aid.

Aid amount: up to €5,000,000 per investment project.

Agri-food (2)

State: Expired

Start: 03 October 2022   –   End:  30 December 2022

The “Agrifood – primary production and processing of agricultural products – Fisheries and Aquaculture” pillar of the New Development Law 2022 aims to strengthen the business activities of primary agricultural production, processing of agricultural products, fisheries and aquaculture.

Very small, small, medium, or large companies.

Investment entities that are established or have a branch in the Greek Territory at the time of commencement of the investment project and have one of the following forms:

  1. Commercial company,
  2. Cooperative,
  3. Social Cooperative Enterprises,
  4. Agricultural Cooperatives,
  5. Producer Groups,
  6. Urban Cooperatives,
  7. Agricultural Corporate Partnerships,
  8. Companies under establishment or under merger, with the obligation to have completed publicity procedures before the start of work on the investment project,
  9. Consortiums exercising commercial activity, Public and municipal enterprises, and their subsidiaries.

Investment projects falling within primary production, agricultural processing, fisheries, aquaculture, research and applied innovation, digital and technological transformation, non-agricultural processing, and supply chain.

All regions of Greece.

Aid rate: up to 70% of the budget.

*the amount of the aid rate depends on the size of the business, the location of the investment plan’s implementation, and the type of aid.

Aid amount: up to €10,000,000 per investment project.

Support for Tourism Investments (1)

State: Upcoming

Start: 2022   –   End: 2027

The “Support for Tourism Investments” pillar of the new Development Law 2022 aims to strengthen and upgrade the tourism sector of our country.

Very small, small, medium, or large companies.

Investment entities that are established or have a branch in the Greek Territory at the time of commencement of the investment project and have one of the following forms:

  1. Commercial company,
  2. Cooperative,
  3. Social Cooperative Enterprises,
  4. Agricultural Cooperatives,
  5. Producer Groups,
  6. Urban Cooperatives,
  7. Agricultural Corporate Partnerships,
  8. Companies under establishment or under merger, with the obligation to have completed publicity procedures before the start of work on the investment project,
  9. Consortiums exercising commercial activity, Public and municipal enterprises, and their subsidiaries.
  • Establishment or expansion of hotel units of at least four (4) stars.
  • Modernization of the integrated form of hotel units that belong to or are being upgraded to a category of at least four (4) stars.
  • Expansion and modernization of a complete form of hotel units that have stopped operating, provided that during the period of interruption the use of the building has not changed and that, through the extension or modernization of a complete form, they are upgraded to a category of at least four (4) stars.
  • Establishment, expansion, and modernization of an integrated form of tourist organized camps (camping), which belong to or are upgraded to a category of at least three (3) stars.
  • Establishment and modernization of an integrated form of hotel units within designated traditional or preserved buildings, which belong to or are upgraded to category three (3) at least stars.
  • Establishment, expansion, and modernization of complex tourist accommodation Establishment of youth hostels, only for small and very small businesses Establishment, expansion, and modernization of condo hotels.

All regions of Greece.

Aid rate: up to 70% of the budget.

*the amount of the aid rate depends on the size of the business, the location of the investment plan’s implementation, and the type of aid.

Aid amount: up to €10,000,000 per investment project.

European Value Chains (1)

State: Upcoming

Start: 2022   –   End: 2027

The “European Value Chains” pillar of the new Development Law 2022 strengthens investment projects that are part of the sectors that make up European value chains.

Very small, small, medium, or large companies.

Investment entities that are established or have a branch in the Greek Territory at the time of commencement of the investment project and have one of the following forms:

  1. Commercial company,
  2. Cooperative,
  3. Social Cooperative Enterprises,
  4. Agricultural Cooperatives,
  5. Producer Groups,
  6. Urban Cooperatives,
  7. Agricultural Corporate Partnerships,
  8. Companies under establishment or under merger, with the obligation to have completed publicity procedures before the start of work on the investment project,
  9. Consortiums exercising commercial activity, Public and municipal enterprises, and their subsidiaries.

Investment projects falling within the fields of European strategic value chains such as: microelectronics, high performance computing, batteries, connected and autonomous vehicles, cybersecurity, personalized medicine and health, low carbon industry, hydrogen, internet of things (IoT)

All regions of Greece.

Aid rate: up to 70% of the budget.

*the amount of the aid rate depends on the size of the business, the location of the investment plan’s implementation, and the type of aid.

Aid amount: up to €10,000,000 per investment project.

Green Agritourism (1)

State: Expired

Start: 05 July 2022   –   End: 30 September 2027

The “Green Agritourism” action concerns investment projects in the tourism sector, which connect the primary and secondary sectors, with the tertiary sector, creating a new tourism product.

The action’s budget amounts to €49,006,000.00 and is financed by the Recovery and Resilience Fund for the period 2022-2025.

Legal entities, whether they belong to small or medium-sized enterprises.

Legal entities under formation.

Code 55: Accommodations

Code 56: Food service activities (cafes, restaurants)

Code 79: Activities of travel agencies

Code 90: Creative activities, arts, and entertainment

Code 91: Activities of libraries, museum archives, and other cultural activities

Code 93: Sports and entertainment activities (gyms, sports facilities, motorsports, amusement parks)

All regions of Greece.

Aid rate: up to 50% of the eligible budget.

Minimum Eligible Budget For very small, small, and medium enterprises: €500,000

For large companies: €500,000 Maximum Eligible Budget For very small, small, and medium enterprises: €7,500,000

For large companies: €12,500,000

Modernization of the Primary Sector

State: Expired

Start: 18 July 2022   –   End: 30 September 2022

Aid regime that contributes to the competitiveness of agricultural holdings through investments in the agri-food chain.

The public aid amounts to €100,000,000, financed by the Recovery and Resilience Fund for the period 2022-2025.

The objective of the Sub-Project is: 

  1. Increasing the degree of cooperation in the primary sector of economic efficiency of all agricultural holdings and facilitating the restructuring and modernization of agricultural holdings.
  2. The improvement of the position of the farmer in the value chain.
  3. The verticalization of the production process.
  4. The implementation of contract farming.
  5. Strengthening the competitiveness of products in the markets through the use of research, modern technology, and digital tools.
  6. The integration of innovation processes and the use of new technologies, as well as environmentally friendly processes, limit the phenomenon of climate change.
  7. Sustainable development and more efficient management of natural resources.
  8. The creation of the appropriate background for added value and in the standardization and marketing thereof, ideally in conditions that emphasize the comparative advantages of the Greek agri-food sector.

Each investment will demonstrate that it fulfills at least one of these objectives.

Legal entities, whether they belong to small or medium-sized enterprises.

Legal entities under formation.

Code 55: Accommodations

Code 56: Food service activities (cafes, restaurants)

Code 79: Activities of travel agencies

Code 90: Creative activities, arts, and entertainment

Code 91: Activities of libraries, museum archives, and other cultural activities

Code 93: Sports and entertainment activities (gyms, sports facilities, motorsports, amusement parks)

All regions of Greece.

Aid rate: up to 50% of the eligible budget.

Minimum Eligible Budget For very small, small, and medium enterprises: €500,000

For large companies: €500,000 Maximum Eligible Budget For very small, small, and medium enterprises: €7,500,000

For large companies: €12,500,000

Digital & Technological Transformation

State: Upcoming

Start: In 2022

The «Digital and Technological Transformation» pillar aims to strengthen investment projects aimed at the technological upgrade of existing units, the introduction of new digital functions and processes, and the combination of production methods with modern information technology and communications.

Very small, small, medium, or large companies.

Investment entities that are established or have a branch in the Greek Territory at the time of commencement of the investment project and have one of the following forms:

  1. Commercial company,
  2. Cooperative,
  3. Social Cooperative Enterprises,
  4. Agricultural Cooperatives,
  5. Producer Groups,
  6. Urban Cooperatives,
  7. Agricultural Corporate Partnerships,
  8. Companies under establishment or under merger, with the obligation to have completed publicity procedures before the start of work on the investment project,
  9. Consortiums exercising commercial activity, Public and municipal enterprises, and their subsidiaries.

Investment plans that promote the digital and technological transformation of businesses, as well as the use of «Industry 4.0» technologies and upgrade the relevant human resources skills.

All regions of Greece.

Aid rate: up to 70% of the budget.

*the amount of the aid rate depends on the size of the business, the location of the investment plan’s implementation, and the type of aid.

Aid amount: up to €10,000,000 per investment project.

Fair Development Transition (1)

State: Upcoming

Start: 2022   –   End: 2027

The “Fair Development Transition” pillar of the new Development Law 2022 aims to strengthen the investment plans implemented in the areas of the Fair Transition Territorial Plans, with the aim of achieving a climate-neutral economy and a balanced and sustainable development.

Micro, small, and medium enterprises.

Productive investments in SMEs, investments in the establishment of new businesses leading to job creation, investments in research and innovation activities and investments promoting the transfer of advanced technologies, investments in technology development, and in systems and infrastructure for affordable clean energy, including technologies energy storage, and investments that contribute to the reduction of greenhouse gas emissions, investments in renewable energy, investments in digital innovation and digital connectivity, investments in strengthening the circular economy

Areas of Territorial Fair Development Transition Plans (Region of Western Macedonia, Municipality of Megalopolis, Municipality of Tripoli, Municipality of Gortynia, Municipality of Oichalia, Region of the North Aegean, Region of the South Aegean, Region of Crete)

Aid rate: up to 70% of the budget.

*the amount of the aid rate depends on the size of the business, the location of the investment plan’s implementation, and the type of aid.

Aid amount: up to €10,000,000 per investment project.

Manufacturing – Supply Chain

State: Expired

Start: 27 July 2022   –   End: 31 October 2027

The “Manufacturing – Supply Chain” pillar of the new Development Law 2022 aims to strengthen investment projects that fall within the manufacturing sector.

Very small, small, medium, or large companies.

Investment entities that are established or have a branch in the Greek Territory at the time of commencement of the investment project and have one of the following forms:

  1. Commercial company,
  2. Cooperative,
  3. Social Cooperative Enterprises,
  4. Agricultural Cooperatives,
  5. Producer Groups,
  6. Urban Cooperatives,
  7. Agricultural Corporate Partnerships,
  8. Companies under establishment or under merger, with the obligation to have completed publicity procedures before the start of work on the investment project,
  9. Consortiums exercising commercial activity, Public and municipal enterprises, and their subsidiaries.

Investment projects falling within the processing sector (except for the processing of agricultural products for which a special scheme is established), in the supply chain sector aimed at technological, productive, administrative and organizational upgrading, as well as innovative and outward-looking development and growth, with aimed at strengthening the competitive position of businesses in the domestic and international market.

All regions of Greece.

Aid rate: up to 70% of the budget.

*the amount of the aid rate depends on the size of the business, the location of the investment plan’s implementation, and the type of aid.

Aid amount: up to €10,000,000 per investment project.

Alternative Forms of Tourism (1)

State: Upcoming

Start: 2022   –   End: 2027

The “Alternative Forms of Tourism” pillar of the new Development Law 2022 aims to support investment plans that concern alternative forms of tourism and their goal is to exploit and highlight the unique characteristics of the regions of our country, such as geographical, social, cultural, religious, etc.

Very small, small, medium, or large companies.

Investment entities that are established or have a branch in the Greek Territory at the time of commencement of the investment project and have one of the following forms:

  1. Commercial company,
  2. Cooperative,
  3. Social Cooperative Enterprises,
  4. Agricultural Cooperatives,
  5. Producer Groups,
  6. Urban Cooperatives,
  7. Agricultural Corporate Partnerships,
  8. Companies under establishment or under merger, with the obligation to have completed publicity procedures before the start of work on the investment project,
  9. Consortiums exercising commercial activity, Public and municipal enterprises, and their subsidiaries.

Investment projects related to alternative forms of tourism and aimed at exploiting and highlighting the special characteristics of the regions of the country, such as geographical, social, cultural, and religious. Investment plans concerning facilities: special tourist infrastructure (conference centers, golf courses, theme parks, thermal tourism facilities, etc.), agritourism or wine tourism or geotourism or multifunctional farms, tourist accommodations in the countryside, Glamping type.

All regions of Greece.

Aid rate: up to 70% of the budget.

*the amount of the aid rate depends on the size of the business, the location of the investment plan’s implementation, and the type of aid.

Aid amount: up to €10,000,000 per investment project.

Entrepreneurship 360o (1)

State: Active

Starts: 09 January 2023 – Ends: 10 April 2023

The “Entrepreneurship 360°” pillar of the new Development Law 2022 includes all investment projects in all sectors of the economy, with the exception of investment projects that fall under pillars 6,7,9,10.

Very small, small, medium, or large companies.

Investment entities that are established or have a branch in the Greek Territory at the time of commencement of the investment project and have one of the following forms:

  1. Commercial company,
  2. Cooperative,
  3. Social Cooperative Enterprises,
  4. Agricultural Cooperatives,
  5. Producer Groups,
  6. Urban Cooperatives,
  7. Agricultural Corporate Partnerships,
  8. Companies under establishment or under merger, with the obligation to have completed publicity procedures before the start of work on the investment project,
  9. Consortiums exercising commercial activity, Public and municipal enterprises, and their subsidiaries.

All sectors of the Greek economy, excluding investment projects falling under the schemes: Agri-Food, Manufacturing – Supply Chain, Support of Tourism Investments, Alternative Forms of Tourism.

All regions of Greece.

Aid rate: up to 70% of the budget.

*the amount of the aid rate depends on the size of the business, the location of the investment plan’s implementation, and the type of aid.

Aid amount: up to €10,000,000 per investment project.

Innovation and green transition in the processing of agricultural products (1)

State: Expired

Start:15 June 2022   –   End: 30 September 2022

The call for the sub-project “Innovation and green transition in the processing of agricultural products” of the Action “Economic transformation of the agricultural sector” of Axis 1 “Economic transformation of the agricultural sector” of the Recovery and Resilience Fund. published in clarity. The sub-project has a budget of 181,521,000 euros financed by the Recovery and Resilience Fund for the period 2022-2025.

The aim of the sub-project is to create economies of scale and sustainable farms, while the beneficiaries of the aid are Collective Schemes, Producer Organizations, and schemes that apply Contract Agriculture. Indicatively, the eligible costs foreseen relate to energy upgrading of building facilities and infrastructure, purchase of equipment, waste management, and environmental protection, as well as consulting costs.

Producer Groups, Producer Organizations, Associations of Producer Organizations, Agricultural Cooperatives, Agricultural Partnerships, Public Limited Companies whose majority of shareholders belong to Agricultural Cooperatives, Social Cooperative Enterprises

  1. Food industry
  2. Production of prepared animal feed
  3. Distillery Production of tobacco products
  4. Production of textile fibers
  5. Storage and transport support activities

All regions of Greece.

Aid rates: from 15% to 55% of the eligible budget of the investment project.

The aid rates depend on the region of implementation and the size of the business.

Minimum budget: For micro, small and medium enterprises = 500,000 euros For large companies = 2,000,000 euros

Maximum budget: For micro, small and medium enterprises = 7,500,000 euros For large companies = 12,500,000 euros

Development of Digital Products & Services

State: Expired

Start: 22 June 2022   –   End: 30 December 2022

The purpose of program II “Development of Digital Products and Services” is to strengthen the digital production capacity in the country with new products and services, and to strengthen the extroversion of Greek companies active in the production and distribution of digital products and services. The program supports investment projects for the development of new products and services that fall within the IT and communications sector, with the aim of:

  1. the strengthening of healthy entrepreneurship with the appropriate utilization of ICT,
  2. the strengthening of the IT sector (in terms of competitiveness and extroversion),
  3. the creation of new value-added digital products and services with a strong commercial perspective and viability.

Producer Groups, Producer Organizations, Associations of Producer Organizations, Agricultural Cooperatives, Agricultural Partnerships, Public Limited Companies whose majority of shareholders belong to Agricultural Cooperatives, Social Cooperative Enterprises

  1. Food industry
  2. Production of prepared animal feed
  3. Distillery Production of tobacco products
  4. Production of textile fibers
  5. Storage and transport support activities

All regions of Greece.

Aid rates: from 15% to 55% of the eligible budget of the investment project.

The aid rates depend on the region of implementation and the size of the business.

Minimum budget: For micro, small and medium enterprises = 500,000 euros For large companies = 2,000,000 euros

Maximum budget: For micro, small and medium enterprises = 7,500,000 euros For large companies = 12,500,000 euros

Having all the knowledge about the active and upcoming national and european funding programmes we assist you in the process of finding, submitting, and receiving the necessary funds for your company.

Our advisory firm employs consultants with multi-year experience and know-how in submitting funding proposals in national and european funding programmes.

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