“Green Transformation of SMEs”: 10th decision approving results for the Action – Amendment after examination of objections

Published tenth (10th) Decision to Approve Results of Evaluation for Action “Green Transformation of SMEs” of the “Competitiveness 2021/27”, according to which fifty-three (53) objections were considered, of which fourteen (14) related to approved funding applications and thirty-nine (39) to rejected funding applications, according to the decisions approving evaluation results.

In particular, twenty-three (23) funding applications change their status and become approved, with a public expenditure of 6,810,040.63 euros. In six (6) already approved funding applications, the budget is increased with an increase in public spending by 403,657.07 euro, while sixteen (16) funding applications remain rejected.

The total approved projects in the Action amount to one thousand three hundred and seventy one (1,371) with a total eligible public expenditure of 317,870,363.50 euros and the total of applications for which evaluation results have been issued amount to one thousand five hundred and eighty five (1,585) funding applications for a total requested budget of 820,222,477.82 euros with a public expenditure of 378,201,416.02 euros.

The beneficiaries are informed electronically at the electronic contact address (email) stated in the submission form, through the Integrated Information System of State Aids (OPSKE).

See the decision here.

Action “Green Transformation of SMEs”

The Action encourages investment projects, which aim at the utilization and development of modern technologies, the upgrading of the products produced and/or services provided and their activities in general, rewarding actions which utilize modern technologies, infrastructure and best practices in energy upgrade and circular economy.

Eligible Expenses

  • 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
  • Salary cost of new employees – (new staff from 1 to 3 EME)
  • Indirect costs

The start date of expenditure eligibility is the date of online submission of the funding application.

Maximum duration of completion of physical and financial object: Twenty-four (24) months from the date of issuance of the Incorporation Decision.