Attica Bank: Supports new small and medium-sized businesses through NSRF actions

Business

Utilizing the two new actions of the Program “Competitiveness” NSRF 2021/27″, Attica Bank supports the investment plans of new small and medium enterprises through appropriate funding tools.

In this context, as stated in a related announcement, the bank has created a integrated package of long-term and short-term financing services and products with preferential terms for under establishment or new very small, small and medium businesses, including those active in the tourism sector, specially adapted to the conditions of the specific NSRF actions.

In particular, it provides:

  • letter confirming approval of financing with fast track procedures within 10 days from
  • full submission of supporting documents and with 12 months validity thereof
  • short-term financing through discounting of the grant
  • long-term financing for the implementation of their investment plans
  • competitive pricing

The two new actions of the NSRF 2021/27, co-financed by the European Regional Development Fund (ERDF) and the Greek State, concern:

1. Strengthening the establishment and operation of new small and medium tourism businesses

The action can be joined under establishment and start-ups medium, small and very small enterprises that are expected to operate or operate in the tourism industry. Investment plans with a budget from 80,000 euros to 400,000 euros are strengthened. The rate of aid (grant) ranges from 45% and may under conditions rise up to 60% of the expenditure budget.

2. Strengthening the establishment and operation of new small and medium enterprises

The action to strengthen the entrepreneurship and competitiveness under establishment or new micro, small and medium-sized enterprises operating in selected KAD of all sectors of the economy, except focus, retail trade and tourism. Investment plans with a budget from 30,000 euros to 400,000 euros are strengthened. The rate of aid (grant) ranges from 45% and may under certain conditions rise up to 60% of the expenditure budget.

As newly established are defined businesses for which 12 months of continuous operation have not passed from the date of the start of the business up to the date of the announcement of the action (18/12/2023). The deadline for submissions is 29/02/2024.

Those interested can address the call center 210 3669000, the branches of the bank or fill in the special contact form with Attica Bank.