“Green Transformation of SMEs”: 11th decision approving results for the Action – Amendment after examination of objections

Published tenth (11th) Decision to Approve Results of Evaluation for Action “Green Transformation of SMEs” of the “Competitiveness 2021/27”, regarding the approval of thirty-four (34) funding applications, subsidized public expenditure 9,236,591.12 euros following the approval of the appeal request them.

The Decision also includes the acceptance and approval of No. 05 of the Minutes of the Meetings of the First (1st) Committee for the Examination of Objections, as well as of No. 02 of the Minutes of the Meetings of the Second (2nd) Committee for the Examination of Objections. In particular, eighty-five (85) objections were examined, of which twenty-three (23) related to approved funding applications and sixty-two (62) to rejected applications, according to the decisions approving evaluation results.

Upon completion of their examination, thirty-nine (39) objections are approved, five (5) are partially approved and forty-one (41) are rejected. In particular, of the twenty-three (23) objections to the approved funding applications, seventeen (17) are rejected, four (4) are accepted and the public expenditure increases by 282,307.19 euros and two (2) are partially accepted and the public expenditure increases by 27,948.48 euros.

Of the sixty-two (62) objections to the rejected funding applications, twenty-four (24) are rejected (therefore the corresponding funding applications remain rejected), three (3) are partially accepted (all three remain rejected) and thirty-five (35) are approved, of which thirty-four (34) applications change their status and become approved with a public expenditure of 9,236,591.12 euros and one remains rejected, as the total score of the investment project is less than the minimum acceptable, according to the Analytical Call for Action. The total additional public expenditure amounts to 9,546,846.79 euros. Twenty-eight (28) funding applications remain rejected.

This Decision also includes the amendment of the budget of Nos. 664/13.02.2024 (AD: 6ZOLI-P1P), 1170/11.03.2024 (AD: Ψ9Μ6H-ΓΛ4), 1197/12.03.2024 (AD: Π5ΕΕΗΗΣ) and 1645/10.04.2024 (AD: 9А6Х-Γ3Ξ) of Decisions Approving Evaluation Results for six (6) approved funding applications, with an additional public expenditure of 310,255.67 euros, following the approval of their objection.

With this Decision, the total approved projects in the Action amount to one thousand four hundred and five (1,405) with a total eligible public expenditure of 327,417,210.29 euros and the total of applications for which Evaluation results have been issued in the Action amount to one thousand five hundred and eighty five (1,585) funding applications, requested public expenditure 378,201,416.02 euro and total requested subsidized budget 820,222,477.82 euro.

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 relevant 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.