The “Manufacturing – Supply Chain” Aid Scheme of Development Law 4887/2022 (3rd Call) aims to enhance investment projects that fall into one of the following categories:
a. Creation of a new unit/plant.
b. Expansion of the production capacity of the existing unit.
c. Diversification of the production of an existing unit into products or services that have never been produced by it, provided that the eligible costs exceed at least 200% of the book value of the assets, as recorded in the tax year prior to the application for inclusion of the investment project.
d. Fundamental change in the overall production process of the products or in the overall provision of services related to the investment in the existing unit.
Aid Types
- Grant: consists of the State covering part of the subsidized expenditure of the investment project.
- Leasing subsidy: refers to the government covering part of the leasing payments for getting new machinery and other equipment, where the max duration can’t be more than 7 years from when the project is done.
- Subsidizing the cost of new job creation: refers to the subsidy from the State, part of the wage costs of new jobs created and linked to the investment project.
- Tax exemption: consists of exemption from income tax on pre-tax profits from all of the company’s activities.
Clarifications on Aid
- The aid in the form of grants, tax exemptions, and financial leasing subsidies shall be provided, individually or in combination, for all eligible investment projects.
- The total amount of aid per submitted Project may not exceed the amount of twenty million (20.000.000 €).
Eligible Entities
Eligible are existing or new enterprises that:
- are based in Greece and are sole proprietorships, commercial companies, (Agricultural/Urban) Cooperative, Social Cooperative Enterprise, Producer Group, Agricultural Partnership.
Eligible Expenses (general)
Tangible Assets
- Expenditure on the construction, extension, and upgrading of buildings and special/auxiliary facilities, up to 45% of the total investment project. The above maximum percentage is set at 70% for investment projects in the logistics sector.
- Purchase and installation of new modern machinery and other equipment, including technical installations and means of transport operating within the unit’s premises.
- Leasing payments for new, modern machinery and other equipment whose use is acquired, provided that, under the contract, ownership of such machinery and equipment is transferred to the lessee upon expiry of the contract.
- Purchase of all or part of existing fixed assets such as buildings, machinery, and other business equipment, provided that the business has closed (ceased operations).
- Expenses for the modernization of special facilities (not related to buildings) and mechanical installations.
Intangible Assets
- Includes the purchase of intellectual property rights, exploitation licenses, patents, know-how and unregistered technical knowledge, quality assurance and control systems, certifications, supply and installation of software and business organization systems, etc. (up to 30% of the total budget for large enterprises and up to 50% for small and medium-sized enterprises).
Wage Costs for New Jobs
- It includes the wage costs of new jobs that will be created as a result of the implementation of the investment project and covers a period of two (2) years from the creation of each job (type of aid: subsidy for the cost of creating employment).
Eligible Expenses (specific)
- Expenditure on consultancy services to SMEs (up to €70,000 and up to 5% of the eligible budget).
- Expenditure on energy efficiency measures. Eligible expenditure consists of the additional investment costs required to achieve the highest level of energy efficiency.
- Expenditure on the installation of efficient district heating and/or cooling systems.
- Expenditure on participation of SMEs in trade fairs.
*The purchase of plots of land, fields, and agricultural land is not subsidized.
Budget for investment projects
The minimum eligible budget for investment projects is set per enterprise category as follows:
– Large enterprises: 1.000.000,00€
– Medium-sized enterprises: 500.000,00€
– Small enterprises: 250.000,00€
– Micro-enterprises: 100.000,00€
– Social Cooperative Enterprises (SCEs), Civil Cooperative Enterprises, Agricultural Cooperatives, Agricultural Partnerships (APs), Organizations of Producers (OoPs): 50.000,00€
It should be noted that for Investment Projects with a budget exceeding €300,000.00, the Entity is required to keep Category C Books.
Private Participation (Equity)
Participation in the cost of the investment project may be through own funds or external financing, or a combination of both, provided that 25% of the total cost of the investment project does not include any state aid, public support, or provision. Own contribution may be covered in the following ways:
- Increase in share capital, from new cash contributions by shareholders.
- Increase in share capital through capitalization of reserves and retained earnings, provided that the company has sufficient liquidity after deducting the amount of cash reserves to be used to cover the entity’s participation.
- Consumption of existing reserves and retained earnings, provided that the company has sufficient liquidity after deducting the amount of cash to be used to cover the entity’s participation.
- Bank loans.
Submission Period & Implementation Schedule
Start Date for Submissions: 01 July 2025
Submission Deadline: 31 October 2025
Approved Investment Projects must be completed within three (3) years from the date of approval.
Beneficiaries are also required to implement at least 10% of the project within the first two (2) years.
Aid rates per Region and Type of Aid
| REGION | Tax Exemption, Leasing, Cost of Job Creation | Grant * | ||||
| SIZE OF ENTERPRISE | SIZE OF ENTERPRISE | |||||
| LARGE ENTERPRISES | MEDIUM-SIZED ENTERPRISES | SMALL ENTERPRISES | LARGE ENTERPRISES | MEDIUM-SIZED ENTERPRISES | SMALL ENTERPRISES | |
| EASTERN MACEDONIA AND THRACE | 50% | 60% | 70% | 40% | 48% | 56% |
| CENTRAL MACEDONIA | 50% | 60% | 70% | 40% | 48% | 56% |
| WESTERN MACEDONIA | 60% | 70% | 75% | 48% | 56% | 60% |
| THESSALY | 50% | 60% | 70% | 40% | 48% | 56% |
| EPIRUS | 50% | 60% | 70% | 40% | 48% | 56% |
| WESTERN GREECE | 50% | 60% | 70% | 40% | 48% | 56% |
| PELOPONNESE ** | 40% | 50% | 60% | 32% | 40% | 48% |
| NORTH AEGEAN | 60% | 70% | 75% | 48% | 56% | 60% |
| CENTRAL GREECE | 40% | 50% | 60% | 32% | 40% | 48% |
| IONIAN ISLANDS | 40% | 50% | 60% | 32% | 40% | 48% |
| CRETE | 60% | 70% | 75% | 48% | 56% | 60% |
| ATTICA *** | 15% | 25% | 35% | 12% | 20% | 28% |
| SOUTH AEGEAN | 50% | 60% | 70% | 40% | 48% | 56% |
* With the exception of Investment Projects implemented in specific Areas (mountainous areas, areas within 30 km of the border, islands with fewer than 3,100 inhabitants) and investment projects involving the reopening of industrial plants that have ceased operations, where the final subsidy is set within the limits of tax exemption aid.
** Municipalities of Megalopolis, Tripoli, Gortynia, and Oichalia: 50%, 60%, and 70%, respectively.
*** Eastern Attica, Western Attica, Piraeus & Islands 25%, 35%, 45% respectively.
Evaluation Method
The evaluation of Investment Projects is comparative, and the following criteria are used for scoring:
A) Investment Project Maturity (Project Licensing Stage),
B) Financial Data of the Entity (Company financial data for the previous two years),
C) Sustainable Development (Export Index),
D) Growth in employment following implementation of the investment.
Eligible Sectors and Branches of Economic Activity
| SIC | ACTIVITY DESCRIPTION |
| 10 to 33 | PROCESSING (The sectors of steel, synthetic fibers, coal, shipbuilding, and agri-food production, which are covered by other schemes, are excluded.) |
* Investment projects relating to logistics services (SIC 52.29.19.03), are eligible under this scheme provided that they meet the following conditions:
- Their place of installation should be distinct from the facilities of other business activities of the company or companies of the Group.
- The provision of services to companies within the same Group must not exceed 30% of the total services provided.
- For the establishment, expansion, or modernization of supply chain service units, a necessary prerequisite (if they do not already exist) is the implementation of investment projects for the installation and commissioning of integrated IT and communications/telematic systems to support storage, loading/unloading, and the general management of materials/goods.