Subsidies and Grants
Through this section, we will constantly inform you about the active and upcoming national and european subsidies and grants that aim to promote the development of the Greek economy.
Active Subsidies & Grants
State: Active
Start: 23 February 2023 – End: Until the budget is finished
The main objective of Action 1 “Basic Digital Transformation of SMEs” is the digital upgrade of SMEs by implementing basic digital transformation actions so that the supported companies are able to respond to the increased digital demands of the modern market. The Action encourages, as a matter of priority, the implementation of targeted digital transformation actions that contribute to an extroverted, innovative, competitive and sustainable critical production of products and services of higher added value.
Beneficiaries who may be eligible for public funding under this action are existing micro, small and medium enterprises
Basic Conditions of Participation
- To submit a single funding application per VAT number.
- To be active in the Greek territory and to invest exclusively in a single Region Category (with the same aid intensity).
- To keep Single-entry or Double-entry books and have at least one (1) complete closed administrative use.
- To be active in the eligible KAD of the investment plan for at least one (1) year.
- The investment plan should exclusively concern eligible activities.
- To have at least three (3) full-time or part-time salaried employees in the calendar year preceding the submission of the funding application.
- To operate legally by having the appropriate, in accordance with current legislation, operating license.
- To operate exclusively as businesses of a corporate/commercial nature.
- Not be in bankruptcy, liquidation or receivership.
- The physical object of the investment has not been completed or has not been fully implemented before submitting the financing application.
- To meet the application conditions of Reg. EU 1407/2013 (De Minimis). The total amount of de minimis aid received by the single undertaking in the past, including aid from this Action, does not exceed the amount of €200,000 (or €100,000 for the road freight transport sector on behalf of third parties ) within three years (current financial year and the two (2) previous financial years) before the time of granting the legal right to the aid.
It concerns enterprises, which have not yet integrated important information and telecommunications technologies (ICT) into their operation and aims to cover basic deficiencies in applications and equipment.
All regions of Greece.
Aid rate: from 50% to 60%.
The minimum and maximum total supported budget of the funding application is set from €18,000 to €30,000.
The subsidized budget of the funding application may not exceed three times the highest turnover achieved in one of the three (or less if the company does not have three) management periods preceding the year of submission of the funding application, with a maximum amount of €30,000.
State: Active
Start: 23 February 2023 – End: Until the budget is finished
The main objective of Action 2 “Advanced Digital Transformation of SMEs” is the upgrading of SMEs through the utilization of advanced systems and technologies with which they can improve their position in international markets, strengthen operational flexibility, improve the production process and to upgrade their competitiveness. The Action encourages, as a matter of priority, the implementation of targeted digital transformation investment projects that contribute significantly to an extroverted, innovative, competitive and sustainable operation of companies producing products and providing services of higher added value.
Beneficiaries, who may be eligible for public funding in the context of this action, are the existing very small, small and medium enterprises.
Basic Conditions of Participation
- To submit a single funding application per VAT number.
- To be active in the Greek territory and to invest exclusively in a single Region Category (with the same aid intensity).
- To keep Single-entry or Double-entry books and have at least one (1) complete closed administrative use.
- To be active in the eligible KAD of the investment plan for at least one (1) year.
- The investment plan should exclusively concern eligible activities.
- Have at least five (5) full-time or part-time dependent laborers in the calendar year preceding the submission of the funding application.
- To operate legally by having the appropriate, in accordance with current legislation, operating license.
- To operate exclusively as businesses of a corporate/commercial nature.
- Not be in bankruptcy, liquidation or receivership.
- The physical object of the investment has not been completed or has not been fully implemented before submitting the financing application.
- To meet the application conditions of Reg. EU 1407/2013 (De Minimis). The total amount of de minimis aid received by the single undertaking in the past, including aid from this Action, does not exceed the amount of €200,000 (or €100,000 for the road freight transport sector on behalf of third parties ) within three years (current financial year and the two (2) previous financial years) before the time of granting the legal right to the aid.
It concerns businesses that aim to expand their digital and technological maturity with integrated investments in new ICT that will upgrade their competitiveness.
All regions of Greece.
Aid rate: from 10% to 50%.
The minimum and maximum total supported budget of the funding application is set from €50,000 up to €650,000.
The subsidized budget of the investment project may not exceed three times the highest turnover achieved in one of the three (or less if the company does not have three) management periods preceding the year of submitting the funding application, with a maximum amount of €650,000.
State: Active
Start: 23 February 2023 – End: Until the budget is finished
The main objective of Action 3 “State-of-the-art Digital Transformation of SMEs” is the upgrading of SMEs with state-of-the-art technologies or sophisticated digital systems of the 4th industrial revolution and additionally, the coverage of particular needs in information and communication technologies (ICT) that expand productivity and competitiveness.
Beneficiaries, who may be eligible for public funding in the context of this action, are the existing very small, small and medium enterprises.
Basic Conditions of Participation
- To submit one (1) investment proposal per VAT number.
- To be active in the Greek territory and to invest exclusively in a single Category of Region / Regional Unit that has the same aid intensity.
- To keep Single-entry or Double-entry books and have closed at least one (1) full administrative use.
- Have at least one (1) eligible KAD activity, when submitting the funding application.
- To be active in the eligible KAD of the investment plan for at least one (1) year.
- The investment plan should concern exclusively the eligible KAD of the present action (eligible sectors of activity based on Reg. EU 651/2014 (GKAK) and 1407/2013 (De Minimis)).
- They have at least nine (9) full-time or part-time salaried employees during the calendar year preceding the submission of the funding application.
- Work on the investment project has not started prior to the submission of the aid application.
- To have the status of an SME according to the Definition of an SME of the EU recommendation 2003/361/EC, taking into account the conditions for maintaining this status.
- To operate legally by having the appropriate, in accordance with current legislation, operating license.
- To operate exclusively as businesses of a corporate/commercial nature.
- To meet the conditions of application of the EU Regulation on which the financial aid scheme is based, which they will necessarily choose when submitting the funding application. There is the possibility of choosing either Reg. EE 651/2014 (GKAK) or Reg. EE 1407/2013 (De Minimis).
- To collect at least a grade of 70 in the digital maturity questionnaire of this invitation.
- To gather at least a total score of 50 in the graded criteria which will concern the description of the submitted investment plan, the number of employees (EME) and the digital maturity of the business.
It concerns businesses that have already integrated ICT in many of their operations and now seek to implement integrated investments in cutting-edge technologies or 4th industrial revolution solutions.
All regions of Greece.
State: Active
Start: 22th March 2023 – End: Until the budget is finished
Action 1 “Green Transformation of SMEs” of Green Transition SMEs” aims to encourage investment projects whose objective is to utilize and develop modern technologies, to upgrade the products produced and/or services provided and their activities in general, rewarding actions that utilize modern technologies, infrastructures and best practices in matters of energy upgrading, circular economy and adoption of clean energy sources.
In Action 1 “Green Transformation of SMEs” existing medium, small and micro enterprises, as defined in Commission Recommendation 2003/361/EC, can submit a proposal.
The basic conditions for the participation of potentially benefiting companies are the following:
- Have at least one (1) complete closed management year before the date of electronic submission of the funding application.
- To be substantially active (Main Activity Code or Activity Code with the highest revenue) in one (1) eligible KAD activity of this call before the date of electronic submission of the funding application.
- Have the eligible investment KAD(s) of this call before the date of electronic submission of the funding application.
- Have at least three (3) full-time or part-time dependent employment in the calendar year preceding the submission of the funding application.
- This will be confirmed based on the declared data held for this company in the ERGANI information system.
- To operate legally.
- Work on the investment project has not started before the submission of the funding application.
- To declare as place/places for the implementation of the actions of this action exclusively one category of Region.
- To operate exclusively as businesses of a corporate/commercial nature.
- To meet the conditions of application of the EU Regulation on which the financial aid scheme is based, which they will necessarily choose when submitting the funding application.
- There is the option of choosing either EU Reg. 651/2014 (GKAK) or EU Reg. 1407/2013 (De minimis).
All regions of Greece.
The total budget of the Action amounts to €350,000,000 (Public Expenditure).
The subsidized budget of each investment project ranges from €200,001 to €1,000,000.
The subsidized budget of the investment project may not exceed twice the highest turnover achieved in one of the three (or less if the company does not have three) management periods of the year preceding the submission of the funding application with a maximum amount of of €1,000,000.
State: Active
Start: 22th March 2023 – End: Until the budget is finished
The purpose of Action 2 “Green SME Productive Investment” of the “Green Transition SME” is to encourage small investment projects that aim to utilize and develop modern technologies, to upgrade the products produced and/or services provided and their activities in general, rewarding actions that which utilize modern technologies, infrastructures and best practices in matters of energy upgrading, circular economy and adoption of clean sources.
In Action 2 “Green SME Productive Investment” existing medium, small and micro enterprises, as defined in Commission Recommendation 2003/361/EC, can submit a proposal.
Basic Conditions of Participation
The basic conditions for the participation of potentially benefiting companies are the following:
- To invest exclusively in one District Category
- Have at least one (1) complete closed management year before the date of electronic submission of the funding application.
- To be substantially active (Main ΚΑD or Largest Revenue KAD) in one (1) eligible activity KAD, prior to the date of electronic submission of the funding application.
- Have the eligible investment credit card(s) of this call before the date of electronic submission of the financing application.
- To have at least two (2) EMEs of dependent work in the calendar year preceding the submission of the funding application. This will be confirmed based on the declared data held for this company in the ERGANI information system.
- To operate legally.
- Work on the investment project has not started before the submission of the funding application.
- To operate exclusively as businesses of a corporate/commercial nature To meet the conditions of application of Reg. EU 1407/2013 (De Minimis) on which the Action is based.
All regions of Greece.
The subsidized budget of each investment project ranges from €30,000 to €200,000. The subsidized budget of the investment project may not exceed twice the highest turnover achieved in one of the three (or less if the company does not have three) management periods of the year preceding the submission of the funding application with a maximum amount of €200,000.
State: Active (2nd round)
Start: 12th June 2023 – End: 13th October 2023
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:
- Commercial company,
- Cooperative,
- Social Cooperative Enterprises,
- Agricultural Cooperatives,
- Producer Groups,
- Urban Cooperatives,
- Agricultural Corporate Partnerships,
- Companies under establishment or under merger, with the obligation to have completed publicity procedures before the start of work on the investment project,
- 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.
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:
- Commercial company,
- Cooperative,
- Social Cooperative Enterprises,
- Agricultural Cooperatives,
- Producer Groups,
- Urban Cooperatives,
- Agricultural Corporate Partnerships,
- Companies under establishment or under merger, with the obligation to have completed publicity procedures before the start of work on the investment project,
- 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:
- Digital and Technological Transformation
- Green Transition – Environmental Upgrade
- New Business
- Fair Development Transition
- Research and Applied Innovation
- Agri-food – Primary Production and Processing of Agricultural Products – Fisheries and Aquaculture
- Manufacturing – Supply Chain
- Business Extroversion
- Support for Tourist Investments
- Alternative Forms of Tourism
- Large-scale Investments
- European Value Chains
- Entrepreneurship 360o
All regions of Greece.
- Subsidy
- Tax Exemption
- Leasing Subsidy
- Employment Cost Subsidy
- Funding of Corporate Risk (only for the «New Business» scheme)
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.
State: Active
Start: 2022 – End: 2026
The National Recovery and Resilience Plan – Greece 2.0, following the guidelines of NextGenerationEU and benefiting from the support of the Recovery and Resilience Fund, aspires to accelerate the recovery of the national economy and lead the country into a more extroverted, competitive, green and digital era.
All companies regardless of size, provided they contribute to the respective pillars and directions of the grants and loans.
The funds of the Recovery & Resilience Fund will be distributed to the companies receiving direction from the respective pillars and directions.
Strategic Grant Pillars
- Green Transition (€6.2 billion)
- Digital Transition (2.2 billion euros)
- Employment, Skills & Social Cohesion (€5.2 billion)
- Private Investments, Transformation of the Economy (4.8 billion euros)
Strategic Loan Directions
- Green Transition (€4.9 billion)
- Digital Transition (2.6 billion euros)
- Innovation – R&D (1.3 billion euros)
- Extraversion (1.3 billion euros)
- Increase in Size / M&A (0.7 billion euros)
All regions of Greece.
Amount of Funding – Grants
The amount of funding and the relevant detailed information is announced in the call for each Action.
Amount of Financing – Loans
- Up to 50% of the investment plan
- 0.35% interest rate for micro and small companies
- 1% interest rate for medium and large companies
State: Active
Start: 23th January 2023 – End: 08th December 2023
The Ideas Powered for Business SME Fund is a grant program designed to strengthen the intellectual property (IP) rights of small and medium-sized enterprises (SMEs) in the EU.
SMEs, Startups based in the European Union (EU) who wish to protect their intellectual property rights. *businesses must have economic activity to be eligible.
Businesses with activity in European Union countries.
All regions of Greece.
The Ideas Powered for Business SME Fund offers the following:
1. For IP Scan:
- 90% reimbursement of costs for the provision of the IP Scan service by the EU national IP office.
2. For trademarks, industrial designs and models:
- 75 % reimbursement of costs for application fees for EU trademarks and/or designs, additional fees per class and fees for examination, registration, publication and suspension of publication.
- 75 % reimbursement of costs for application fees for national or regional marks and/or designs, additional fees per class and fees for examination, registration, publication and suspension of publication.
- 50% reimbursement of basic trademark and/or design application fees, extension fees and subsequent extension fees outside the EU. Excludes extension fees from EU countries, as well as processing fees charged by the office of origin .
3. For patents:
- 75% reimbursement of prior art study preparation fees (Prior Art Search Report).
- 75% reimbursement of expenses for pre-grant patent fees (filing, search and examination).
- 75 % reimbursement of costs for the filing and search fees of European patents filed at the EPO.
4. For Community plant variety right:
- 50% reimbursement of EU-wide online application fees.
The maximum amount refunded per SME is:
- €1350 for activities related to the IP Scan service.
- €1000 for activities related to trademarks & designs.
- €1500 for activities related to eligible patent fees.
- €225 for activities related to covering the online application fees for community plant variety rights.
State: Active
Start: 18th April 2023 – End: 6th September 2023
The Circular Economy and Quality of Life sub-program aims to facilitate the transition to a sustainable, circular, non-toxic, energy-efficient and climate-resilient economy and to protect, restore and improve the quality of the environment, either through direct interventions or by supporting the integration of these objectives into other policies.
This call covers the following topics:
- LIFE-2023-SAP-ENV-ENVIRONMENT – Circular Economy, resources from Waste, Air, Water, Soil, Noise, Chemicals, Bauhaus
- LIFE-2023-SAP-ENV-GOV – Environmental Governance Each project application under the call must address only one of these topics.
Applicants who wish to apply for more than one subject must submit a separate proposal for each subject.
The right to submit a proposal within the LIFE Program has:
- a public or private legal entity registered in the EU or an overseas country or territory linked to it;
- a third country linked to the LIFE program, or
- a legal entity established under Union law or any international organization.
Natural persons do not have the right to submit an application.
Legal entities established in a third country not associated with the LIFE program may exceptionally be eligible for participation. This happens when it is necessary to achieve the objectives of a given action, in order to ensure the effectiveness of the interventions carried out in the Union. However, these legal entities shall in principle bear the costs of their participation.
LIFE-2023-SAP-ENV-ENVIRONMENT — Circular Economy, resources from Waste, Air, Water, Soil, Noise, Chemicals, Bauhaus
The aim is to facilitate the transition to a sustainable, circular, toxic-free, energy-efficient/climate-resilient economy and to a toxic-free environment, as well as the protection, restoration and improvement of environmental quality.
Specifically, it must cover one or more of the following topics: Circular Economy and Waste, Air, Water, Sun, Noise, Chemicals, New European Bauhaus
LIFE-2023-SAP-ENV-GOV — Environmental Governance
The aim is to facilitate the transition to a sustainable, circular, toxic-free, energy-efficient / climate-resilient economy and to toxic-free environment, as well as to protect, restore and improve the quality of the environment.
Specifically, it must cover one or more of the following topics:
- Decision-making support activities and voluntary approaches to public administration
- Ensuring environmental compliance and access to justice
- Behavior change and awareness initiatives
All regions of Greece.
LIFE-2023-SAP-ENV-ENVIRONMENT – Circular Economy, resources from Waste, Air, Water, Soil, Noise, Chemicals, Bauhaus
Indicative range of projects: from 2 to 10 million euros
LIFE-2023-SAP-ENV-GOV – Environmental Governance
Indicative range of projects: from 0.7 to 2 million euros
The maximum financing percentage of each project amounts to 60%.
State: Active
Start: 1st January 2023 – End: 31th December 2023
The LIFE Program is the only European Union (EU) program that specifically covers environmental and climate action. It runs from 1 January 2021 to 31 December 2027 and aims to achieve the targets set out in the European Green Deal and the EU Biodiversity Strategy 2030. Furthermore, it is part of the EU’s response to the Sustainable Development Goals set out in the 2030 agenda of the United Nations.
The European Climate Infrastructure and Environment Executive Agency (CINEA) under the European Commission is the competent Agency for the LIFE Programme.
Budget: 5.432 billion euros.
The agreed Budget reflects the target decided under the multiannual financial framework for the period 2021 – 2027, whereby at least 30% of the EU budget is directed to climate purposes.
The right to submit a proposal within the LIFE Program has:
- a public or private legal entity registered in the EU or an overseas country or territory linked to it;
- a third country linked to the LIFE program, or
- a legal entity established under Union law or any international organization.
Natural persons do not have the right to submit an application.
Legal entities established in a third country not associated with the LIFE program may exceptionally be eligible for participation.
This happens when it is necessary to achieve the objectives of a given action, in order to ensure the effectiveness of the interventions carried out in the Union.
However, these legal entities shall in principle bear the costs of their participation.
The LIFE Program includes two fields:
the “Environment” field, consisting of:
- the Nature and Biodiversity sub-program,
- the Circular Economy and Quality of Life sub-program.
the “Climate Action” field, which includes:
- the Climate Change Mitigation and Adaptation sub-program,
- the Clean Energy Transition sub-program.
All regions of Greece.
- Standard Action Projects (SAPs) – for the sub-programs Nature and Biodiversity, Circular Economy and Quality of Life, Climate Change Mitigation and Adaptation
Start: mid-April – End: September 2023
- LIFE Action Grants – only for the Clean Energy Transition sub-program
Start: mid-May – End: mid-November 2023
- Strategic Integrated Projects (SIPs) Idea Submission:
Start: mid-April – End: September 2023,
Complete Proposal Submission: Deadline: March 2024
- Technical Assistance preparation for SIP and SNAP
Start: mid-April – End: September 2023
- Technical Assistance (TA) Projects
Start: mid-April – End: mid-July 2023
- Special Operating Grant Agreements (SGA OG) – the call is only for participants of the 2022 LIFE FPA (Framework Partnership Operating) Program
Start: mid-April – End: September 2023
- LIFE Preparatory Projects: directs Legal and Political Priorities (PLP)
Start: mid-April – End: September 2023
State: Active (2nd round)
Start: 01st June 2023 – End: 29th September 2023
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:
- Commercial company,
- Cooperative,
- Social Cooperative Enterprises,
- Agricultural Cooperatives,
- Producer Groups,
- Urban Cooperatives,
- Agricultural Corporate Partnerships,
- Companies under establishment or under merger, with the obligation to have completed publicity procedures before the start of work on the investment project,
- 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.
Upcoming Subsidies & Grants
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:
- Commercial company,
- Cooperative,
- Social Cooperative Enterprises,
- Agricultural Cooperatives,
- Producer Groups,
- Urban Cooperatives,
- Agricultural Corporate Partnerships,
- Companies under establishment or under merger, with the obligation to have completed publicity procedures before the start of work on the investment project,
- 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.
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:
- Commercial company,
- Cooperative,
- Social Cooperative Enterprises,
- Agricultural Cooperatives,
- Producer Groups,
- Urban Cooperatives,
- Agricultural Corporate Partnerships,
- Companies under establishment or under merger, with the obligation to have completed publicity procedures before the start of work on the investment project,
- 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.
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:
- Commercial company,
- Cooperative,
- Social Cooperative Enterprises,
- Agricultural Cooperatives,
- Producer Groups,
- Urban Cooperatives,
- Agricultural Corporate Partnerships,
- Companies under establishment or under merger, with the obligation to have completed publicity procedures before the start of work on the investment project,
- 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.
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:
- Commercial company,
- Cooperative,
- Social Cooperative Enterprises,
- Agricultural Cooperatives,
- Producer Groups,
- Urban Cooperatives,
- Agricultural Corporate Partnerships,
- Companies under establishment or under merger, with the obligation to have completed publicity procedures before the start of work on the investment project,
- 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.
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.
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:
- Commercial company,
- Cooperative,
- Social Cooperative Enterprises,
- Agricultural Cooperatives,
- Producer Groups,
- Urban Cooperatives,
- Agricultural Corporate Partnerships,
- Companies under establishment or under merger, with the obligation to have completed publicity procedures before the start of work on the investment project,
- 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.
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:
- Commercial company,
- Cooperative,
- Social Cooperative Enterprises,
- Agricultural Cooperatives,
- Producer Groups,
- Urban Cooperatives,
- Agricultural Corporate Partnerships,
- Companies under establishment or under merger, with the obligation to have completed publicity procedures before the start of work on the investment project,
- 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.
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.
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:
- Commercial company,
- Cooperative,
- Social Cooperative Enterprises,
- Agricultural Cooperatives,
- Producer Groups,
- Urban Cooperatives,
- Agricultural Corporate Partnerships,
- Companies under establishment or under merger, with the obligation to have completed publicity procedures before the start of work on the investment project,
- 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.
State: Upcoming
Start: Q3 2023
The aim of the “Research – Innovate” action is to connect research and innovation with entrepreneurship and to strengthen the competitiveness, productivity and extroversion of businesses towards international markets.
Enterprises and other entities treated as enterprises, research organizations and other entities treated as research organizations
4 Interventions
- Research & Development conducted by enterprises (Q4 2022)
- Partnerships between enterprises and research organizations (Q1 2023)
- Uptake of research outcomes (Q4 2022)
- Seal of Excellence awarded to companies (Q2 2023)
8 Sectors of the National Smart Specialization Strategy (NSSEE)
- Materials,
- Construction & Industry Tourism,
- Culture & Creative Industries
- Agri-Food Chain
- Environment & Circular Economy
- Life Sciences, Health, Medicines
- Transportation & Supply Chain
- Sustainable Energy
- Digital Technologies
All regions of Greece.
The total government budget allocation for Action “Research-Innovate 2021-2027” amounts to 300 000 000 EUR.
The maximum total budget of each Funding Application per Intervention is:
- Intervention 1 – 800.000€
- Intervention 2 – 2.000.000€
- Intervention 3 – 2.000.000€
- Intervention 4 – Within the budget approved by Horizon Europe
Expired Subsidies & Grants
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:
- The improvement of the agricultural holding through the reduction of production costs or the improvement and rearrangement of production.
- Improving the productivity of tree crops in the primary sector.
All regions of Greece.
State: Expired
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:
- Digitized Environment
- Digitized Agriculture
- Digitized Anything
- Digitized Transport
Smart4All selected for funding FTTE experiments will be supported with a lump sum of up to €80.000.
State: Active
End: 10 May 2023
“Business Innovation Greece” is a program that aims to increase value creation and sustainable development in the Greek business sector. It places great emphasis on innovation, as this is a basic condition for increasing the efficiency and competitiveness of a business. It offers funding for a range of actions aimed at increasing the profitability of Greek businesses, improving their environmental footprint, and contributing to a positive social impact.
The final beneficiaries of Business Innovation Greece are Greek companies of the private sector, mainly Small and Medium Enterprises (SMEs). This Call is expected to contribute to the implementation of the program “Supporting businesses to improve business development capacity”. Partnerships are not mandatory, but partnership projects with Donor Countries are strongly encouraged, as these projects will also contribute to the bilateral outcome of the “Enhanced Cooperation between Beneficiary and Donor Countries” program. Partnership projects with Donor Countries receive additional points in the evaluation.
The Applicant submits only one project proposal under this Call. The same entity may be a partner in one or more other applications. All projects must contribute directly to one or more of the following output indicators, and include these indicators in project progress reports.
Business support to improve business development capacity (project target group):
1. SMEs that have received support for business skills3 (training, mentoring, etc.).
2. Large businesses that have received business skills support (training, mentoring, etc.).
3. Business organizations/clusters that have supported SMEs with the aim of increasing their business knowledge.
4. Number of qualified professional staff (by gender, men and women)
At least one of these deliverable indicators listed above must be selected in the “Project Implementation Expected Results and Deliverables” template.
Eligible activities:
- Training and advisory guidance on topics such as strategic business development and business model development, financial planning, corporate/board responsibilities, IPR protection, international/European/national regulations, green innovations, circular economy, sustainable blue economy, health, safety and environment ( HSE), corporate social responsibility (CSR), etc.
- Training and advisory guidance aimed specifically at female entrepreneurs with the aim of acquiring more skills around the establishment and development of businesses in the three focus areas of the Program.
- Organization of workshops, seminars, and events to exchange experiences / good practices with the aim of enhancing environmental sustainability, or related to ICT or the blue economy.
- Business development events aimed at creating partnerships for business development and capacity building.
- Educational trips, conferences, workshops, seminars, exchange of experiences / good practices aimed at enhancing bilateral cooperation, networking and learning contributing to environmental sustainability, or related to ICT or the blue economy.
- Participation in exhibitions organized in Donor Countries with the aim of bilateral partnerships for business development and capacity building. (The title, place and time of the exhibition(s) should be specified in the application).
- Feasibility studies, data collection, and analysis that directly contribute to or relate to business development and business opportunities in relation to environmental sustainability, ICT or the blue economy.
All regions of Greece.
The minimum amount of the requested grant is 10,000 euros.
The maximum amount of the requested grant is 200,000 euros.
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.
- Start-ups which are registered in the national register of start-ups «Elevate Greece».
- They started operating before 31/12/2021.
- Very small, small, or medium companies.
- 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.
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:
- Commercial company,
- Cooperative,
- Social Cooperative Enterprises,
- Agricultural Cooperatives,
- Producer Groups,
- Urban Cooperatives,
- Agricultural Corporate Partnerships,
- Companies under establishment or under merger, with the obligation to have completed publicity procedures before the start of work on the investment project,
- 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.
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
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
- Food industry
- Production of prepared animal feed
- Distillery Production of tobacco products
- Production of textile fibers
- 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
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:
- the strengthening of healthy entrepreneurship with the appropriate utilization of ICT,
- the strengthening of the IT sector (in terms of competitiveness and extroversion),
- 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
- Food industry
- Production of prepared animal feed
- Distillery Production of tobacco products
- Production of textile fibers
- 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
State: Expired
Starts: 09 January 2023 – Ends: 10 May 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:
- Commercial company,
- Cooperative,
- Social Cooperative Enterprises,
- Agricultural Cooperatives,
- Producer Groups,
- Urban Cooperatives,
- Agricultural Corporate Partnerships,
- Companies under establishment or under merger, with the obligation to have completed publicity procedures before the start of work on the investment project,
- 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.
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