Green SME Productive Investment: First funding approvals for the action announced

The completion of the first evaluations of Funding Applications for the Action “Green Productive Investment SME” of the Package of Actions “Green Transition of SMEs” within the Program “Competitiveness” (ESPA 2021/27), announced the Ministry of National of Economy and Finance.

Specifically, the evaluation of one hundred and four (104) applications was completed, following the order of priority, based on the date and time of final electronic submission to OPSKE.

The applications approved in the “Green Productive Investment SME” Action

According to the Decision Approving Evaluation Results, seventy-eight (78) funding applications totaling subsidized Public Expenditure 5,511,594 euros are deemed eligible.

It is noted that Beneficiaries are informed electronically through the Integrated Information System of State Aid OPSKE about the detailed evaluation result.

The interested parties may, within an exclusive period of seven (7) working days from the day after notification of the final assessment result, submit an administrative objection through OPSKE as defined in the Call for Action.

The evaluation process continues at an intensive pace and other Decisions on Approval of Evaluation Results of Funding Applications for the “Green Transition SME” Package are expected to be announced soon.

See the relevant Decision here.

The Action

The Action “Green Productive Investment SME” encourages small investment projects aimed at the utilization and development of modern technologies, at upgrading the products produced and/or services provided and their activities in general, rewarding actions that utilize modern technologies, infrastructure and best practices in energy upgrade, circular economy and adoption of clean sources.