Competitiveness Τoolbox for Small and very Small Enterprises

Actions Budget: 400 million euros for the whole of Greece

The action is co-financed by Greece and the European Union – European Regional Development Fund

Financing scheme

Business Plans with budget from 20.000 up to 200.000 euros The co-financing rate is 50% to 65% depending on the exportsΆ volume of the beneficiary

Beneficiaries: Operating very small, and small sized enterprises, which have been operating for at least three (3) annual accounting periods by the date of the application submission. They should also do own selectable by the Program activity code number (ΚΑΔ) and to have at least 2 AWU (annual working units) the year preceding the application.

Eligible Investment sectors 

• Agri –Food industry
• Energy sector
• Logistics
• Creative and cultural industry
• Environmental Sector
• Information and communication technologies (ICT)
• Health and pharmaceutical industry
• Materials – Construction

Basic participation conditions

Beneficiaries need: 

• To have been in operation at least three (3) annual accounting periods.
• To have eligible activity code numbers (ΚΑΔ) according to Anex III
• To have at least 2 AWU (annual working units) the year preceding the application

Subsidized expenditure

• Machinery – Equipment up to 100% of the total budget of the business plan
• Products/Services/Procedures certifications up to 100% of the total budget
• Packaging – labeling– branding up to 25% of the total budget
• Digital marketing expenditures
• Legal services- technical studies
• Means of transportation
• Salary expenditure for newly employed personnel

Implementation period

Up to 24 months since the issuing of the Decision of Approval