The “Green Productive Investment for SMEs” action is one of the two distinct actions of the “Green Transition of SMEs” actions, which aim at utilizing and developing modern technologies, upgrading the products produced and/or services provided and their activities in general, promoting actions that utilize modern technologies, infrastructure and optimal practices in energy upgrading and circular economy.

The total budget of the action is € 400,000,000.

 

TERMS & CONDITIONS OF PARTICIPATION

An enterprise may apply for inclusion in the Action when it meets the following conditions:

  • Have at least one (1) full fiscal year before the date of electronic submission of the funding application.
  • Be substantially active (Principal ID of business activity or ID with the most revenue) in one (1) of the eligible IDs of business activity of the action.
  • Have at least two (2) full-time or part-time employees in the calendar year preceding the submission of the application for funding.
  • Operate legally with the appropriate operating license.
  • To declare as a place(s) for the implementation of the works of the Action exclusively for one Region.
  • Be registered in the Registry of Beneficial Owners before the date of submission of the application for funding.
  • Not to be co-located with another business
  • Not be housed in a residence (primary or secondary) of the Beneficiary.

 

PROJECT BUDGET & DURATION OF IMPLEMENTATION

Minimum possible budget : 30.000,00€

Maximum possible budget : 200.000,00€*

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

* May not exceed twice the highest turnover achieved in one of the three (or less if the company does not have three) full fiscal years preceding the year of submission of the funding application, with a maximum amount of € 200,000.

 

AID INTENSITY

The percentage of public funding amounts to 40% of the requested amount for all regions of the country. This percentage may receive an additional 10% of the Public Grant if GREEN “Green Transition” costs are included at a rate of 20% of the eligible budget of the investment project  at the time of the inclusion of the investment project.

 

ELIGIBLE COSTS

Category of expenditure Expenditure Spending limits Type of Expenditure
BUILDINGS

1.      Expenditure on buildings and Other Facilities

Buildings, facilities and surroundings

Up to 40% of the subsidized budget

 
EQUIPMENT

2.      Equipment costs

Machinery – Equipment (Contractual Costs):

2.1 Production & Engineering Equipment

2.2 Other Equipment

Up to 100% of the Subsidized Budget

(*2.2 to 5% of the total subsidized category 2 expenditure)

 

3.       Equipment costs

GREEN Equipment

3.1 Equipment for Energy Efficiency Improvement / Energy Saving

3.2 Circular Economy Equipment

3.3 Equipment for the installation of photovoltaic stations and storage systems for electricity generation and own needs (self-generation)

 

Up to 50% of the Subsidized Budget

“Green Transition” (GREEN) expenditure
SERVICES
4.      Costs for Provision Services Certification of Products – Services – Processes

4.1 Certification and Compliance of products according to national, harmonized as well as voluntary standards of European countries and / or countries outside the EU.

4.2 Certification of Services and Procedures according to national, harmonized as well as other European international standards

4.3 Copyright – Patents – Transfer of Know-how

 

Up to 10% of the Subsidized Budget

Intangible Assets
5.      Costs for Provision Services Packaging – Label – Branding Services  

Up to 5% of the Subsidized Budget

6.      Expenses for the Provision of Services Promotion and Extroversion Costs Up to 20.000,00€
7.      Expenses for the Provision of Services Participation in Trade Fairs

Up to 10% of the Subsidized Budget

8.      Expenses for the Provision of Services Technical Studies

8.1 Technical Studies necessarily linked to costs of Categories 1, 2 and 3

 

Up to 10% of the Subsidized Budget

Consulting Services

8.2 Monitoring of the Investment Plan

Up to 4% of the Subsidized Budget

MEANS OF TRANSPORT
9.      Costs for Means of Transport Means of Transport (GREEN)

Mandatory Electric Vehicles

Up to 50.000,00€ “Green Transition” (GREEN) expenditure
STAFF COSTS – SALARY COSTS
10.   Personnel Costs – Wage Costs Wage Costs of new employees

New Staff from 1 to 3 employees

Up to 45.000,00€
INDIRECT COSTS
11.   Indirect costs Indirect costs 7% of the eligible direct costs of the investment project Mandatory Category of Expenditure

 

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

 

EVALUATION METHOD

The evaluation of the applications will be immediate (First in First out) and the investment projects will be examined according to the order they are submitted until the budget of the Action per category of Region is exhausted, taking into account graded criteria.

Application Start Date: 22/03/2023 at 12:00

 

For more information you can contact us by phone at 2108020555 or by e-mail at info@hbi. gr.