The Action aims to support existing SMEs of the Region of Eastern Macedonia – Thrace to implement research and innovation investment projects that are part of the RIS3 strategy’s priority sectors for which business discovery workshops have been conducted and to proceed to the production of new / innovative / improved products and services of high added value, in order to increase the competitiveness and enhance the position of enterprises in the Region. 

 

The total budget of the Action amounts to 8.000.000,00€. 

 

TERMS & CONDITIONS OF PARTICIPATION 

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

  • Has at least two (2) complete closed financial years prior to the date of online submission of the funding application (2022 & 2023). 
  • Its research – innovation investment project must be in a priority sector of the RIS3 strategy. 
  • Implement the investment project exclusively in the Region of Eastern Macedonia and Thrace (headquarters or branch). 
  • The amount of the subsidized budget cannot exceed the maximum turnover achieved in the closed financial years 2022 & 2023. 
  • Legal operation according to the appropriate licensing document.  
  • The company must be registered in the Register of Beneficial Owners. 
  • Commit to ensure accessibility for disabled persons to buildings, services, electronic environments, etc. until the completion of the project. 
  • No work must have started on the project before the date of online submission of the application for funding. 

 

BUDGET & IMPLEMENTATION PERIOD 

Minimum budget: 100.000,00€ 

Maximum budget: 300.000,00€ 

 

The duration of the Action is thirty-six (36) months from the date of publication of the Decision of Inclusion of the project and is subject to the aid scheme of Reg. 651/2014. 

 

EVALUATION CRITERIA & RATE OF AID 

 

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

  • Scientific and Technical Excellence  
  • Results and Impact 
  • Quality and Efficiency of the Implementation 

 

The minimum acceptable overall score is 3 points. 

 

Rate of aid depending on the category of research and the size of the enterprise: 

TYPE OF RESEARCH  MEDIUM-SIZED ENTERPRISES  SMALL & VERY SMALL ENTERPRISES 
Industrial Research  up to 60%  up to 70% 
Industrial Research under certain conditions (*)  up to 75%  up to 80% 
Experimental Development  up to 35%  up to 45% 
Experimental development under certain conditions (*)  up to 50%  up to 60% 

* The results of the project should be widely disseminated through conferences, publications, open access repositories or free / opensource software. 

 

 

ELIGIBLE EXPENDITURE 

Category of expenditure  Sub-category of expenditure  Remarks / Limits 
Personnel Expenditure  Researchers and technicians who will be directly involved in the project  up to 70%  

of the subsidized budget 
Expenditure on equipment, vehicles and instruments  Expenditure on the purchase of instruments and equipment, which will be used in the project (depreciations)  up to 30%  

 of the subsidized budget 
Expenditure on provision of services  Expenditure on contract research awarded to natural or legal persons  up to 40%  

of the subsidized budget 
Indirect Costs  Indirect Costs  7% of the direct eligible expenditure of the investment 

 

The date of eligibility of expenditure is defined as the date of the electronic submission of the Funding Application of the investment project in question. 

 

Opening Date of applications’ submission: 24/02/2025, 13:00 

Closing Date of applications’ submission: 24/04/2025, 15:00 

 

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