The Action aims at economic development, innovation & digital transition and sustainable development of existing small and very small sized enterprises in the Region of Western Greece.
The budget for the Action amounts to 23.000.000,00€ and is allocated as below:
(Α) Scientists – Freelancers (lawyers, accountants, architects, engineers, doctors, etc.): 2.000.000,00€, of which 400.000,00€ relates to Integrated Territorial Investments – Sustainable Urban Development.
(Β) Small Investments (businesses with a maximum turnover in the last three years between 15.000,00€ and 500.000,00€): 18.000.000,00€, of which 1.800.000,00€ relates to Integrated Territorial Investments – Sustainable Urban Development.
(C) Medium-Sized investments (companies with a maximum turnover of more than 500.000,00€ over the last three years): 3.000.000,00€.
TERMS & CONDITIONS OF PARTICIPATION
A business can apply to join the Action if it meets the following conditions:
- Have at least one (1) full closed fiscal year prior to the date of submission of the funding application.
- Make an investment in an eligible – based on the Call for Proposals – Investment ACN in which it must be substantially active (Main ACN or ACN with the highest revenue for the year 2024). The Investment ACN must belong to sectors such as, indicatively, manufacturing (ACN 10 to 33), trade (ACN 45 to 47), catering (ACN 56), road transport (ACN 49.4), accommodation (ACN 55), education (ACN 85.1 to 85.6), health (ACN 86), etc.
- Carry appropriate licensing documentation, if required.
- Commit to ensuring that, by the time the investment is completed and depending on the type and nature of the project, persons with disabilities will have access to the company’s building infrastructure, services, and electronic environments.
IMPLEMENTATION PERIOD – EVALUATION METHOD – RATE OF AID
- The duration of the Action is twenty-four (24) months from the date of publication of the Decision to Include each project.
- The evaluation method to be followed is comparative.
- The rate of aid of the Action is 50%.
BUDGET
| Beneficiary | Minimum Budget | Maximum Budget |
| Scientists – Freelancers (Α) | 5.000,00€ | 10.000,00€ |
| Small Investments (Β) | 5.000,00€ | 40.000,00€ |
| Medium-Sized Investments (Γ) | 40.001,00€ | 120.000,00€ |
ELIGIBLE EXPENDITURE
| Category of Expenditure | Sub-Category of Expenditure | UPPER LIMIT (Α) | UPPER LIMIT (Β) | UPPER LIMIT (Γ) |
| Buildings | Buildings, Facilities & Surrounding Area | 100% | 100% | 100% |
| Improving accessibility | 100% | 100% | 50% | |
| Equipment | Office Equipment or Other Equipment | 100% | 100% | 100% |
| Software | 100% | 100% | 100% | |
| Services | Certifications | 50% | 15% | 10% |
| Product/Service Design | 20% | 20% | 20% | |
| Corporate Identity | 20% | 20% | 20% | |
| Business Plan | 20% | 20% | 20% | |
| Indirect Costs | Indirect Costs (7% of the eligible direct costs of the investment project) | 7% | 7% | 7% |
The starting date for eligibility of expenses is defined as the date of submission of the Funding Application for each project.
The Starting Date for Submitting Funding Applications will be announced as soon as the final Call for Proposals is published.
For further information, please contact us by phone at 2108020555 or by email at info@hbiconsulting.eu.