The objective of this Action is to strengthen Greece’s production base and international competitiveness in sectors with a high export orientation by strengthening selected production sectors. This is a targeted intervention which seeks (a) to bolster the domestic production base in key sectors and (b) to support and expand the export orientation of Greek businesses. By increasing local production of products for which there is high international demand and improving export performance, the Action is expected to make a positive contribution to the Greek economy. At the same time, it seeks to strengthen domestic demand for Greek products by bolstering their competitiveness at the international level.
Online submission start date: Tuesday, 31 March 2026 at 15:00
Online submission end date: Tuesday, 2 June 2026 at 15:00.
Investment plan budget
Minimum budget for investment plans: €100,000
Maximum budget for investment plans: €400,000
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 funding application is submitted, with a maximum aid limit of €200,000 or the amount of €220,000 in case of fast-track implementation.
Action Budget: €50,000,000
The Action is co-funded by the EU European Regional Development Fund (ERDF) and with the participation of the Hellenic Republic. To ensure greater complementarity, funding is provided using Joint Support (Article 25 of Regulation (EU) 2021/1060) to finance interventions which fall within the scope of ESF+ support.
- €39,000,000 for less developed regions: North Aegean, Eastern Macedonia – Thrace, Central Macedonia, Epirus, Thessaly, Western Greece, Crete, Western Macedonia, Ionian Islands, Central Greece, Peloponnese.
- €11,000,000 for transition regions: Attica and South Aegean
Grant rate
The grant rates for applications for funding range from 50% to 55% of the subsidised budget for each funding application. The additional rate of public funding of 5% (fast-track bonus) will be granted if the Beneficiary submits an Aid Payment Request (AKE) with implementation costs of at least 80% of the approval budget, within 9 months from the date of electronic notification of the final approval of the funding application.
The maximum aid limit is set at €200,000 per TIN or at €220,000 in case of fast-track implementation.
Aid shall be granted on the basis of Regulation (EU) 2023/2831 (OJ L, 15.12.2023) (de minimis).
Beneficiaries
Existing micro, small, and medium-sized enterprises, which must meet the following basic participation requirements:
- Have at least one (1) complete closed accounting period before the date of online submission of the funding application.
- Have one or more of the investment-eligible NACE codes set out in the detailed Call prior to the online submission date for the funding application.
- The investment must relate exclusively to the NACE codes listed in Annex II – ELIGIBLE ACTIVITIES (NACE).
- Have at least one (1) employee AWU in the calendar year prior to the one in which the funding application is submitted. This will be confirmed based on the declared data held for that undertaking on the ERGANI IT system.
It is noted that, when submitting the funding application, at least twenty-five percent (25%) of the requested subsidised budget must be demonstrably secured with equity.
All enterprises with investment plans that will be co-funded, accepted and categorised as ‘complete’ within the context of this action must fulfil their productive efficiency goal within a defined time frame after completion of the investment; otherwise a penalty of 10% of the aid received shall be imposed.
Beneficiaries should, inter alia, meet the following eligibility criteria. They must:
- Submit an application for funding per TIN under this Action.
- Declare only one category of region as the place(s) of implementation of the measures under this Action. The region in which the investment plan will be implemented must be declared in the application for funding. Note that the enterprise may incur expenditure at the enterprise’s registered office and/or at its branches where all implementation locations belong to the same category of Region.
- The physical scope of the investment must not have been completed or fully implemented before the funding application is submitted.
- Operate exclusively under one of the following legal/commercial forms: [Société Anonyme, Single Member Société Anonyme (S.M.S.A.), Limited Liability Company, Single Member Limited Liability Company (S.M.L.L.C.), General Partnership, Limited Partnership, Private Company, Single Member Private Company (S.M.P.C.), sole proprietorship, Civil for-profit Company, Social Cooperative under Law 4430/2016 as in force, Cooperative] and keep single- or double-entry accounting books in accordance with Law 4308/2014 as in force.
- Undertake that the expenditure included in the specific funding application has not been financed, included in and will not be submitted for approval of funding in another programme financed by national or Community resources.
- Submit proof that at least 25% of the requested subsidised budget is secured by own contribution.
It is noted that:
- Enterprises must not be co-located; this is to ensure it is not possible for another enterprise to use the equipment acquired as part of the subsidised investment. Co-location means that the aided enterprise has its establishment in the same (and not separate) premises as another enterprise. Where it is ascertained that enterprises are co-located, and that it is possible for the equipment of the aided investment to be used by another enterprise, the inclusion decision shall be revoked.
- Enterprises whose place of business is the Beneficiary’s residence (main or secondary) will not be accepted.
The eligibility requirements for beneficiaries are presented in detail in the Action’s Call.
Eligible Expenses
The main eligible expense categories are the following:
- Machinery – Equipment (Production and Mechanical equipment, Environmental protection and Energy-saving equipment, Circular economy equipment)
- Costs for providing services (Software supply and use under ‘Software as a Service’ schemes, cloud computing or similar services, Certifications, Packaging – Label – Branding Design Services, Consulting support for monitoring the implementation of the investment plan, etc.)
- Software (Website Development, e-shop, mobile applications as assets, Software and software licenses)
- Promotional, marketing & networking (Participation in Exhibitions abroad as an exhibitor, Other promotional – marketing and networking costs)
- Staff expenditure (Full salary costs of newly recruited staff)
- Indirect Costs
The starting date for eligibility of expenditure shall be the date of publication of the Action’s call.
The maximum completion period for the physical and financial scope of the investment plan may not exceed fifteen (15) months from the date on which the final approval of the application for funding (results of evaluation or results of objection evaluation) is notified electronically.
Action Communication Material
Application submission procedure
The application for funding must be submitted online via the Integrated State Aid Management Information System. Applications for funding submitted through iSAMIS with mandatory fields left blank will not be accepted.
The application for funding must score 75 at minimum in the self-evaluation of the investment plan. Please note that the submission of the funding application to iSAMIS will not be permitted if the above condition is not met.
The applications for funding will be evaluated by comparative assessment.
