Terms & Conditions of Participation

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

  • Established enterprises with at least 2 complete financial years before the submission date of the Financing Application
  • The budget amount may not exceed the double figures of the highest revenue of one of the last two fully closed financial years
  • Legal function of businesses while bearing the appropriate licensing document
  • Registration in the Register of Beneficiaries (individual companies are excluded)
  • Implementation place of the Investment will not be the residence (primary or secondary) of each beneficiary
  • Commitment to ensure accessibility for people with disabilities until the completion of the Investment
  • Funding application can be applied by franchise businesses
  • Taking appropriate measures to address climate resilience issues according to the environmental impacts of the expenditure

 

 

Budget – Scheme & Aid scheme

The budget of the Action amounts to 65.000.000,00€ for the whole Region while the aid scheme is the Commission Regulation (EU) No 1407/20213 of 18 December 2013 (De Minimis).

The minimum subsidized budget is 60.000,00€ and the maximum is 400.000,00€.

The aid rate will be 45% and the remaining amount will be covered by private participation.

 

Sectors

Agri-food chain :

  • 1 Processing of plant production products
  • 2 Processing of animal production products
  • 3 Wine
  • 4 Macedonian / Local Cuisine

 

Life sciences, Health, Medicine

  • Well-being, accessibility, rehabilitation and inclusion with a focus on the elderly and sensitive social groups
  • Pharmaceutical and cosmetics

Digital Technologies

  • Digital Transformation of Industry

 

Sustainable Energy

  • Alternative fuel and biofuel
  • Geothermal energy

 

Environment and Circular Economy

  • Textiles and Clothing
  • Food
  • Materials
  • Green Tourism

 

Transport and Supply Chain

  • Textiles and Clothing
  • Food
  • Materials
  • Sustainable Mobility

 

Materials, Construction and Industry

  • Textiles and Clothing
  • Construction Materials

 

Tourism, Culture and Creative Industries

  • Film Market
  • Arts and Audiovisual Media
  • Tourism for health, elderly people and sensitive groups
  • Culture for sensitive groups and elderly people

 

 

Evaluation criteria

  • Funds available in relation to the Investment Plan
  • Rate of change of revenue in the last 2 years
  • Ratio of earnings before interest, taxes, depreciation and amortization (EBITDA) to turnover in the last 2 years
  • Existence of a registered Patent related to the business plan

 

The evaluation method will be the comparative.

 

Eligible expenditure

  1. Salary Cost of Newly recruited staff (up to 15.000,00€)
  2. Equipment for Environmental Protection and Energy Saving
  3. Digital Office Equipment
  4. Manufacturing Equipment
  5. Electric means of transport (up to 50% of the budget and up to 50.000€)
  6. Buildings and Facilities (up to 60% of the budget)
  7. Cost of Consultancy Services provided by external consultants (up to 6.000€)
  8. SaaS, CaaS etc. (up to 20% of the budget)
  9. Costs for the provision of product or process development study services (up to 40% of the budget)
  10. Certification of Services and Procedures (up to 3 Certificates and up to 3.000€ / Certificate)
  11. Packaging Design – Label Design – Branding Services (up to 10% of the budget)
  12. Copyright – Patents – Technology Transfer (up to 40% of the budget)
  13. Software and Licenses of Software (up to 60% of the budget)
  14. Participation expenses in Trade Fairs (up to 3.000€ / Exhibition)
  15. Other Promotion and Networking costs
  16. Indirect Expenditure (mandatory 7% of the total remaining expenditure of the Investment Plan)

The starting date of the eligibility of expenditure is the publication date of the Proclamation, i.e. 13/12/2023 and the implementation schedule is 24 months.

 

Opening date of funding applications: 22/01/2024 at 12:00

Closing date of funding applications: 22/05/2024 at 14:00

 

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