Decision Approving Results in the Action “Strengthening existing SMEs in the areas of the Territorial Plans of Just Transition of the Region of Western Macedonia & Megalopolis”

The Decision to Approve Evaluation Results – Action 1.2.1 (A/A OPS NSPA: 7176) “Strengthening Existing Very Small and Small Businesses in areas of Territorial Plans of Just Transition of the Region of Western Macedonia & Megalopolis” was published.

See the decision here.

The Action

Strengthening existing businesses in areas affected by reduction of lignite production, in order to exploit their pre-existing experience and know-how with the aim of maintaining and improving the competitiveness of local savings and/or the creation of new competitive advantages.

The action aims to strengthen the competitiveness of existing, very small & small businesses of the Region of Western Macedonia and the Municipalities of Megalopolis, Oichalia, Gortynia, Tripoli of Peloponnese Region so that they can respond to the challenges of globalization and the metallignite era and to improve their position in domestic and international market with the ultimate goal of securing existing jobs and creating new ones.

The action encourages investment projects aimed at the exploitation and development of modern technologies, modern and innovative processes and means in the production process, in upgrade of the produced products and/or provided services and their activities in general, including actions that utilize modern technologies, infrastructure and
best practices in energy upgrade.

Through the action, emphasis will be given to the priority areas of the National Smart Specialization Strategy.
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The selectable areas of activity with analytical KAD as well as those characterized as priority areas of the National Smart Specialization Strategy, are reflected in APPENDIX II
ELIGIBLE AREAS OF ACTIVITY (CA).

The specific Action aims to:

  • Strengthening of all activities, with an emphasis on areas of Smart Expertise.
  • Improving productivity and competitiveness.
  • Upgrading businesses with state-of-the-art technologies, with sophisticated digital systems, meeting needs in information and communication technologies (ICT).
  • Adoption of modern technologies and infrastructure with the aim of more efficient energy management, saving resources and improving the environmental footprint.
  • Reform local economies and shift towards the production and distribution of new, differentiated competitive products and services.
  • Supporting businesses and in general the regions affected by the effects of the transition to climate neutrality, in order to cope with the new socio-economic challenges.
  • Retention and/or Increase of jobs.

Who is it addressed to

Existing medium, small and micro businesses.

By existing is meant the businesses that at the date of the online submission of the financing application, have at least two (2) complete closed management years (for which the appropriate tax forms have been submitted), i.e. they have started operations before January 1, 2021 (01-01-2021).

What kind of boost

Grant / Subsidy

Application Area

  • Region of Western Macedonia
  • Prefecture of Grevena
  • Prefecture of Kastoria
  • Prefecture of Kozani
  • Prefecture of Florina
  • Prefecture of Arcadia

To be active in the Greek territory and to invest exclusively within the following areas:

  • Region of Western Macedonia
  • Municipality of Megalopolis
  • Municipality of Oichalia
  • Municipality of Gortynia
  • Municipality of Tripoli

Terms and Conditions

Details in the Invitation.​​

What is funded

Investment projects that aim to utilize and develop modern technologies, modern and innovative processes and means in the production process, to upgrade the produced products and/or services provided and their activities in general, including actions that utilize modern technologies, infrastructures and best practices in energy matters upgradingas well as the retention of jobs and the creation of new ones. Emphasis is placed on businesses in the priority areas of the National Smart Specialization Strategy.

The investment projects concern a minimum and maximum subsidized budget from 20,000 euros to 100,000 euros.

The Public Funding percentage amounts to 70% of the subsidized budget of the funding application.

The eligible costs of the Actions include, among others:

  • buildings
  • facilities and surroundings
  • equipment & means of transport
  • providing services
  • software costs

The aid will be made available under Regulation (EU) No. 2023/2831 of 13 December 2023 on the application of Articles 107 and 108 of the Treaty on the Functioning of the European Union to de minimis aid.

Budget

30,000,000 euros

See the call for Action in detail here. 

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