New action entitled “Extroversion of SMEs”

New action entitled “Extroversion of SMEs”

New action entitled “Extroversion of SMEs”

The Ministry of Economy & Finance announced the launch of the “Extroversion of SMEs” Action which seeks to bolster and support the export orientation of Greece’s SMEs and relates to support for investment plans which seek to utilise and develop modern technologies and to improve the products manufactured, services provided and activities in general. The purpose of this Action is to improve the competitiveness and outward-looking focus of businesses, to integrate them into international value chains and to bolster the international presence of their products via their participation in trade fairs organised outside the territory of Greece in the European Union and third countries.

The budget for the Action stands at €200 million. 

The Action is co-financed by the EU European Regional Development Fund (ERDF) and with the participation of the Hellenic Republic. To ensure greater complementarity, financing is provided using Joint Support (Article 25 of Regulation (EU) 2021/1060) to finance interventions which fall within the scope of ESF+ aid.

 

Investment plan budget

Minimum budget for investment plans: €80,000

The total subsidised budget for the investment plan may not exceed twice the highest turnover achieved in one of the three full accounting periods (or less if the enterprise does not have three) in the year before the financing application is submitted, with a maximum aid limit of €200,000.

The aid rates for applications for financing are uniform for all eligible expenditure for investment plans and range from 40% to 50% of the subsidised budget for each financing application, depending on the category of region in which it is implemented.

Beneficiaries of the Action:

Existing small, micro and medium-sized enterprises, which before the date for online submission of the financing application:

  • have at least one (1) full (i.e. consecutive 12-month operation) closed fiscal year;
  • are materially active (in terms of their primary NACE code or NACE codes with the highest revenues) in one (1) eligible activity NACE code on the date on which the financing application is submitted online;
  • have the investment-eligible NACE code (s) listed in Annex II;
  • have at least one (1) employee AWU in the calendar year prior to the one in which the financing application is submitted. This will be confirmed based on the declared data held for that undertaking on the ERGANI IT system.

When submitting the financing application it must be proven that at least twenty-five percent (25%) of the private participation in the proposed budget is secured with own funds.

NB! It is mandatory to achieve an increase in exports for the aided enterprise [(compared to the amount of exports in the base year (2024 tax year)] at a level at least equal to 70% of the public expenditure corresponding to completion which must be achieved at the latest within three years from completion of the operation.

Online Submission Start Date: Thursday 17/07/2025 at 13:00

Online submission end date: Thursday, 09/10/2025 at 15:00

The application for financing must be submitted online via the Integrated State Aid Management Information System (iSAMIS) Applications for financing submitted to the iSAMIS with mandatory fields left blank will not be accepted.

The applications for financing will be evaluated through benchmarking.

Contact – Information

Public Information Office: 8 Dragatsaniou Street, Klafthmonos Square, Athens.

Opening times: Monday to Friday from 10:00 to 14:00
Phone: Call 801 11 36 300 from a landline (charged at the local rate) between 09:00 to 16:30

Εmail: infoepan@mou.gr

Websiteswww.antagonistikotita.gr www.espa.gr

Information points for EFEPAE (Intermediary Body of Operational Programmes for Competitiveness and Entrepreneurship) & their regions unitswww.efepae.gr

 

Press Release from the Ministry of National Economy and Finance

 

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