The Action aims on the one hand to exploit the know-how of research institutions for further development and differentiation of products / services and processes in sectors that are a priority for the Regional Economy and on the other hand to support the businesses of the North Aegean Region through these institutions, to cover their technological / research needs with the ultimate aim of strengthening their productive activity and improving their economic performance. 

 

The total budget of the Action amounts to 3.000.000,00€. 

 

TERMS & CONDITIONS OF PARTICIPATION 

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

  • Be active or will be active in the North Aegean Region. 
  • Has at least two (2) complete closed financial years by 31/12/2023. 
  • Has at least one (1) of the eligible SICs listed in the Proclamation for at least one (1) closed financial year prior to the year of submission. 
  • Has at least two (2) Annual Work Units of paid employment in the calendar year preceding the submission of the funding application (2023 or 2024). 
  • Operate legally with the appropriate licensing document. 
  • Be registered in the Register of Beneficiaries. 
  • Commit to ensure accessibility for people with disabilities to buildings, services, electronic environments, etc. until the completion of the project. 
  • Submit an investment project whose budget does not exceed three times the maximum turnover achieved in one of the three (3) closed financial years preceding the year of submission of the application for funding. 
  • Not to have started work on the project before submitting the application for funding as this should be an incentive. 
  • Submit an investment project that is closely linked to at least one (1) Priority of the Regional Intelligent Specialization Strategy (RIS3). 

BUDGET & IMPLEMENTATION PERIOD 

Minimum grunt budget: 60.000,00€ – 1 SME / 60.000,00€ – 2 SMEs 

Maximum grunt budget: 300.000,00€ – 1 SME / 400.000,00€ – 2 SMEs 

 

The duration of the Action is thirty-six (36) months from the date of publication of the Decision of Inclusion of each project. 

 

EVALUTAION CRITERIA & RATE OF AID 

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

  • Description of the investment project 
  • Ratio of earnings before interest, taxes, depreciation and amortization (EBITDA) to turnover for the two years 2022 – 2023 
  • Annual Work Unitsης επιχείρησης 
  • Distinctions – Awards in competitions 

 

The minimum acceptable score is 5 points. 

 

The aid rate of the Action is up to 80%. 

ELIGIBLE EXPENDITURE 

Category of Expenditure  Sub-Category of Expenditure  Max Limits on the Budget 
  1. Personnel Expenditure 
  1. Expenditure on secondment from a research and knowledge 

dissemination organisation or a large enterprise of highly qualified staff engaged in research, development and innovation activities to new posts 

 

up to 60% 

1.2 Staff costs: researchers, technicians and other support staff to the extent that they are employed on the project 
  1. Expenditure on equipment and instruments 
2.1 Expenditure on the purchase of instruments and equipment, to the extent and for as long as they are used for the project (depreciation)  up to 50% 
  1. Expenditure on Buildings, Grounds 

 

3.1 Expenditure on buildings, installations and surroundings  up to 30% 
  1. Expenditure on Services 
4.1 Expenditure on contract research awarded to natural or legal persons  up to 15% 
4.2 Expenditure on consultancy and equivalent support services used exclusively for the operation  up to 5% 
4.3 Expenditure on consultancy and support services in the field of innovation  up to 5% 
4.4 Feasibility study costs  up to 5% 
  1. Patent Expenditure 
5.1 Expenditure on patents purchased or licensed from external sources on an equitable basis  up to 10% 
5.2 Costs of obtaining validation and protection of patents 
  1. Indirect Costs 
6.1 Indirect costs  20% of the direct costs  

The date of eligibility of expenditure shall be the day following the date of submission of the application for funding. 

 

Opening Date of applications’ submission: 22/11/2024,  13:00 

Closing Date of applications’ submission: 23/01/2025,  15:00 

 

For more information you can contact us at 2108020555 or at info@hbi.gr.