The Action“Support for Established and Existing Very Small and Small Enterprises of the South Aegean” was announced.

This Action aims to promote investments to support self-employment, entrepreneurship and the creation of new business initiatives in new markets/sectors through the improvement of corporate structures and capacities.

The deadline for completion of the projects is 30/06/2023.

Opening date for online submissions: 23/02/2022 at 13:00

Deadline for online submissions: 15/04/2022 at 15:00

Budget of the Programme

The budget of the investment projects ranges from 25.000,00€ to 100.000,00€ and Small and Very Small Enterprises, which are new existing without profit distribution or existing or under establishment businesses that are active or will be active in the South Aegean Region, are eligible to participate.

Conditions for selecting beneficiaries

  • Not more than five (5) years have elapsed since their registration at the time the aid is granted (for new existing companies without profit distribution).
  • Be established after 01/01/2018 (for new existing companies without profit distribution).
  • Already operate or will operate exclusively in one of the following forms: corporate/commercial enterprises (Α.Ε., Ε.Π.Ε., Ο.Ε., Ε.Ε., Ι.Κ.Ε.) and sole proprietorships.
  • Have an eligible ID of business activity based on the Call.
  • Not be a member of a franchising network.
  • Not be bankrupt, being wound up or in receivership.

Eligible sectors

The submitted investment projects concern indicatively the following Strategic Priority Areas:

  • Agri-food
  • Tourism of experience
  • Technologies and Applications for the Environment
  • Information and Communication Technologies ICT ICT

Eligible expenditure

Categories of expenditureMaximum Eligible
Percentage/Amount of Grant Budget
Aid intensityFund
BUILDINGS, INSTALLATIONS AND ENVIRONMENTAL SPACE35%75%E.C.B. for E.R.D.F. type actions, through a flexibility clause
PURCHASE/FINANCIAL LEASING OF MACHINERY AND EQUIPMENT35%75%E.C.B. for E.R.D.F. type actions, through a flexibility clause
SOFTWARE AND SERVICES
SOFTWARE
35%75%E.C.B. for E.R.D.F. type actions, through a flexibility clause
SUPPLY OF PROFESSIONAL EQUIPMENT
VEHICLE
15.000,00€75%E.C.B. for E.R.D.F. type actions, through a flexibility clause
DEPRECIATION OF OTHER EQUIPMENT (<1.500,00€/ITEM)5.000,00€75%E.C.B.
SALARY COST OF A NEW RECRUIT
STAFF
60%100%E.C.B.
INSURANCE CONTRIBUTIONS
BENEFICIARY
30%75%E.C.B.
STAFF/COMPANY TRAINING20%75%E.C.B.
ADVERTISING-PROMOTION-NETWORKING20%75%E.C.B.
ADVISORY SUPPORT FOR AN INVESTMENT PROJECT3.000,00€75%E.C.B.
OPERATING COSTS40%75%E.C.B.
SUPPLY OF CONSUMABLES AND RAW MATERIALS10%75%E.C.B.
DESIGN, DEVELOPMENT AND/OR CERTIFICATION OF AN INNOVATIVE PRODUCT/SERVICE,
QUALITY ASSURANCE
30%75%E.C.B.

Eligible ERDF-type expenditure through a flexibility clause may NOT exceed 35% of the approved budget.
ATTENTION! Business plan expenditure is considered eligible from 11/02/2022 onwards.

For more information on the eligibility of your activity, contact us!