The Extroversion of SMEs Action of the ‘Competitiveness’ Programme was pre-published, which encourages investment plans aimed at utilising and developing modern technologies, upgrading the products produced and/or the services provided, and their activities in general, with the aim of improving the competitiveness and openness of enterprises, their integration into international value chains, and strengthening the international presence of their products through their participation in trade fairs organised outside the Greek territory, in the EU and third countries.

Budget: €200,000.00
The Action is co-funded by the EU, and more specifically by the European Regional Development Fund (ERDF) and national funds.

 Eligible Enterprises
Existing medium-sized, small, and micro enterprises with manufacturing and accompanying services ACNos.

Project budget

The minimum budget for each investment plan is €80,000.

Where the investment plan has a budget greater than the maximum defined above, the excess amount shall be considered 100% private participation with regard to the implementation of the plan. In such a case, even though excess expenses are not subsidised, the entire investment plan, including the excess cost, shall be evaluated and monitored-controlled.

The total funded budget for each investment plan may not exceed the highest turnover of any of the three (or fewer, if the enterprise has not been active for three) financial years preceding the year of submission of the application for funding, with an aid ceiling of €200,000.

The maximum duration for the completion of the physical and financial object of the investment plan cannot exceed twenty-four (24) months, from the date of issuance of the Inclusion Decision.

Eligible Expenses 

• Personnel Costs
• Equipment Costs
• Costs for Services Provided
• Software Costs
• Promotion & Networking Costs
• Indirect Costs

Submission and Evaluation of Applications for Funding

Applications for funding are submitted through the Integrated State Aid Management Information System (iSAMIS). No printed supporting documents shall be submitted.

The deadline and submission process, required supporting documents, obligations of the beneficiaries, as well as the other terms of implementation will be described in detail in the Detailed Invitation of the Action.

The Action will be evaluated through Benchmarking.

The period for submitting applications for funding will be specified in the Ministerial Decision of the Detailed Invitation.

To see the Pre-publication of the Action, click here