The first decision approving the evaluation results for the action entitled Support for the Establishment and Operation of New SMEs has been published. It relates to applications submitted in the Transition Regions (Attica and the Southern Aegean). According to the Decision, of the 1,501 applications submitted in the Transition Regions, with a requested subsidised budget of €489,422,274.29 and requested public expenditure of €276,277,002.99, 448 applications for financing, with a total subsidised budget of €147,502,262.10 and public expenditure of €83,782,221.17 were approved. 

In addition, 452 applications for a total subsidised budget of €153,054,282.61 with public expenditure of €84,396,205.01 were rejected due to the Transition Regions’ budget being used up, and 601 applications for a total subsidised budget of €188,865,729.58 with public expenditure of €102,880,648.41 were rejected due to necessary participation supporting documents being incomplete and/or formal conditions not being met, as recorded in the relevant fields of the Integrated State Aid Management Information System (iSAMIS), or due to cumulation of aid identified during the pre-inclusion check.

Beneficiaries can learn more online, at the email address provided on the submission form, and via the Integrated State Aid Management Information System (iSAMIS).

Within a fixed deadline of ten (10) days from the day after notification of the results of the decision approving the results, interested parties may submit an administrative objection (quasi-judicial recourse within the meaning of Article 25 of Law 2690/1999) exclusively via the Integrated State Aid Management Information System (iSAMIS).

Click here to view the relevant Decision.

Press Release from the Ministry of National Economy and Finance