The Action aims to support the operations of existing SMEs of the Region of Eastern Macedonia – Thrace that are substantially active in the sectors of the RIS3 strategy. 

 

The total budget of the Action amounts to 30.000.000,00€. 

 

TERMS & CONDITIONS OF PARTICIPATION 

An enterprise can apply for the Action if it meets the following conditions: 

  • Has at least two (2) completed financial years prior to the date of the online submission of the funding application (2022 & 2023). 
  • Be substantially active (Principal SIC or largest revenue SIC) in one (1) of the eligible (RIS3 strategy) SIC as mentioned in the Proclamation during the completed financial years of 2022 & 2023. 
  • Designate one (1) of the eligible SICs defined in the Proclamation as the Investment SIC. Note that the company is not required to has the Investment SIC available at the time of submitting the Funding Application but must has it available before the first disbursement. 
  • Implement the investment project exclusively in the Region of Eastern Macedonia and Thrace (headquarters or branch). 
  • The amount of the subsidised budget cannot exceed the maximum turnover achieved in the years 2022 – 2023 plus 20%. 
  • Legal operation according to the appropriate licensing document. 
  • The company must be registered in the Register of Beneficial Owners. 
  • Has at least 60% of the required Private Participation of the proposed investment project. 
  • Commit to ensure accessibility for people with disabilities to buildings, services, electronic environments, etc. until the completion of the project. 
  • The investment project must have the character of an incentive/initial investment (1. creation of a new establishment, 2. expansion of the production capacity of an existing establishment, 3. diversification of the production of an existing establishment into products or services not previously produced, 4. fundamental change in the overall production process of the products or in the overall provision of services to which the investment in the establishment relates) in cases where the aid scheme is the Commission Regulation (EU) No 651/2014. 
  • Have not, during the two (2) years preceding the application for aid, relocated to the business establishment where the initial investment for which aid is requested will take place and commit not to do so within a maximum period of two (2) years after the completion of the initial investment in cases where the Commission Regulation (EU) No 651/2014 is the aid scheme. 
  • Its financial contribution must amount to at least 25% of the eligible costs of the investment project. 

 

 

 

 

BUDGET & IMPLEMENTATION PERIOD 

Commission Regulation (EU) 2023/1315: from 50.000,00€ up to 600.000,00€ 

Commission Regulation (EU) No 651/2014: from 300.000,00€ up to 1.000.000,00€ 

 

The duration of the Action implementation is twenty-four (24) months from the date of publication of the Decision of Inclusion of each project. 

 

 

EVALUATION CRITERIA & RATE OF AID 

The evaluation method will be comparative and will be based on the following criteria: 

  • Available funds in relation to the Investment Plan’s budget (> 0) 
  • Number of Employees of the Enterprise (Annual Work Units) 
  • Beneficiary’s Operating Profitability (EBITDA) 
  • Soundness, completeness and sustainability of the investment plan (> 10) 
  • Patent 

 

The minimum acceptable score is 50 points. 

 

The aid rate of the Action is 50%. 

 

ELIGIBLE EXPENDITURE 

Category of Expenditure  Sub-Category of Expenditure  Limits 

(2023/1315) 

Limits 

(651/2014) 

  1. Personnel Expenditure 
1.1 Salary Cost of Newly recruited staff  up to 20% of the subsidized budget and up to 45.000,00€ (15.000,00€ / Annual Work Unit)  Non eligible 
  1. Expenditure on Equipment and Vehicles 
2.1 Equipment for Environmental Protection and Energy Saving  up to 40% of the subsidized budget  up to 40% of the subsidized budget 
2.2 Other Equipment  up to 5% of the subsidized budget  up to 5% of the subsidized budget 
2.3 Digital Equipment for the office  up to 20% of the subsidized budget  up to 20% of the subsidized budget 
2.4 Manufacturing Equipment  up to 100% of the subsidized budget  up to 100% of the subsidized budget 
2.5 Electric means of transport [professional or mixed use up to nine (9) seats]   up to 40% of the subsidized budget and up to 50.000,00€   up to 40% of the subsidized budget and up to 50.000,00€ 
  1. Expenditure on Buildings, Grounds, Facilities and Surrounding Space 
3.1 Buildings, facilities and surroundings  up to 60% of the subsidized budget  up to 60% of the subsidized budget 
  1. Expenditure on 

Services 

4.1 Submission of the funding application  up to 2.000,00€  Non eligible 
4.2 Consulting Services for the implementation of the investment  up to 4% of the subsidized budget and up to 8.000,00€  up to 4% of the subsidized budget and up to 10.000,00€ 
4.3 Software/application installation – configuration services & user training  up to 8% of the subsidized budget for software of sub-categories 4.4 or up to 12% for software of sub-category 5.1  up to 40% of the subsidized budget of sub-category 5.1 
4.4 Software supply/use services under “Software as a Service”, “Cloud Computing” etc.  up to 20% of the subsidized budget  Non eligible 
4.5 Certification of services & processes according to national, harmonized and other European and international standards  up to 3 certificates and up to 3.000,00€/certificate  up to 3 certificates and up to 3.000,00€/certificate 
4.6 Packaging Design – Label Design – Branding Services  up to 5% of the subsidized budget and up to 20.000,00€  up to 5% of the subsidized budget and up to 20.000,00€ 
  1. Software Expenditure 
5.1 Software and Licenses of Software  up to 30% of the subsidized budget  up to 30% of the subsidized budget 
  1. Publicity, promotion and networking costs (up to 20% of the subsidised budget) 
6.1 Upgrade of existing website  up to 2.500,00€  Non eligible 
6.2 Expenditure on participation in exhibitions  up to 5.000,00 / exhibition  up to 5.000,00 / exhibition 
6.3 New website creation  up to 3.000,00€  up to 3.000,00€ 
  1. Indirect Costs 
7.1 Indirect Costs  7% of the direct eligible expenditure of the investment  Non eligible 

The starting date for the eligibility of expenditure is the date of the submission of the funding application. 

 

Starting Date for the Submission of the Applications: 10/02/2025, 13:00 

Closing Date for the Submission of the Applications: 10/04/2025, 14:00 

 

For furthermore information, you can call us at 2108020555 or e-mail us at info@hbi.gr.