“Green SME Productive Investment”: 2nd Approval Decision for the Action
The 2nd Decision Approving Evaluation Results has been published for Action “Green Productive Investment SME”, according to which two hundred and fifty (250) applications funding of subsidized DD 18,121,506.53 euros are deemed to be eligible.
The total approved projects in the Action amount to three hundred and twenty-eight (328) with a total eligible Public Expenditure of 23,633,100.53 euros and the total number of applications for which Evaluation results have been issued in the Action amount to 406 funding applications of the total requested budget 64,236,636.51 euros.
We note that Beneficiaries are informed electronically through the Integrated Information System of State Aid OPSKE about the detailed evaluation result.
The interested may, within an exclusive period of seven (7) working days from the day after notification of the final Evaluation conclusion, submit an administrative objection through OPSKE as defined in the Call for Action.
See the relevant Decision here.
Green Productive Investment SME
The Action encourages investment projects aimed at the utilization and development of modern technologies, at the upgrading of the products produced and/or services provided and their activities in general, by rewarding actions that utilize modern technologies, infrastructures and optimal practices in matters of energy upgrading and circular economy.
Minimum / maximum subsidized budget: 30,000 euros up to 200,000 euros
Aid rate: Up to 40%
The grant may receive an additional percentage of 10% if “Green Transition” GREEN costs are included at a rate of 20% of the eligible budget of the investment plan when the investment plan is included. The above increased subsidy rate will remain fixed during the stage of interim verifications and payments.
Action Budget: 400,000,000 euros
The Public Expenditure is co-financed by the European Regional Development Fund (ERDF) of the European Union and by National Participation. For reasons of greater complementarity, the financing is done using Joint Support (Article 25 C (EU) 2021/1060) for the financing of interventions that fall within the scope of EKT+ aid.
Budget allocation by Region category
- €88,000,000 for the Regions in Transition: Attica and South Aegean
- €312,000,000 for the Least Developed Regions: Northern Aegean, Eastern Macedonia – Thrace, Central Macedonia, Epirus, Thessaly, Western Greece, Crete, Western Macedonia, Ionian Islands, Central Greece, Peloponnese
Beneficiaries
Existing Small, Very Small and Medium Enterprises, which, among other things, should before the date of electronic submission of the financing application:
- To have at least one (1) complete closed administrative use,
- To be substantially active (Main Activity Code or Activity Code with the highest revenue) in one (1) eligible activity KAD included in Annex III ELIGIBLE ACTIVITIES (KAD),
- To have the eligible investment KAD(s) of Annex III – ELIGIBLE ACTIVITIES (KAD),
- To have at least two (2) EMEs of dependent work during the calendar year preceding the submission of the funding application.
The overall participation requirements of the beneficiaries are presented in detail in the action guide.
Eligible Expenditures for the Action Green Productive Investment SME
- Buildings, facilities and surrounding area
- Machines – Equipment (Contractual Expenses)
- Equipment (GREEN)
- Certification of Products – Services – Processes
- Packaging Design – Label – Branding Services
- Promotion and Outreach Expenses
- Participation in trade fairs
- Technical Studies & Consulting Services
- Means of Transport (GREEN) – Mandatory electric vehicles
- Salary cost of new employees – (new staff from 1 to 3 EME)
- Indirect costs
The date of start of expenditure eligibility is defined as the date of electronic submission of the funding application.
Maximum duration of completion of physical and economic object: Twenty-four (24) months from the date of issuance of the Incorporation Decision.