EEA: Until 30/8 SME applications for the “Sustainable – Innovative and Responsible Entrepreneurship” awards

Until August 30 applications of small and medium businesses will be accepted for the awards “Sustainable – Innovative and Responsible Entrepreneurship” that are awarded every year by the Athens Chamber of Commerce (EEA).

As the EEA states in its announcement, “remaining faithful to our commitment to supporting entrepreneurship, as well as with the intention of offering to society, the EEA proceeds, for the 8th year, to the award small and medium enterprises that distinguished themselves in the business arena, but also left a strong social footprint. At the same time, this year we are continuing the Special Awards focusing on the contribution to society“.

Evaluation criteria for the EEA awards

The minimum criteria for the selection of businesses and freelancers are as follows:

  1. Not be in bankruptcy, liquidation or receivership.
  2. That no aid recovery is pending against them, from the implementation of a national or community program.
  3. To operate legally, i.e. to have the operating license in force as the case may be.
  4. Not be problematic companies as defined by the provisions of article 2, par. 2.1, points 9, 10, 11 of the guidelines of the European Commission (2004/C/244/02).
  5. Have the last two financial years (before depreciation & taxes) profitable.
  6. There should be no overdue debts to the public, Banks, EFKA and other insurance funds.
  7. To have maintained and/or increased employment in 2022 compared to 2021 and to continue the same practice in 2023.
  8. Not to be active in the framework of a franchising contract.

As pointed out in the EEA announcement, start-ups must provide data for all the years they have already closed, while if they have more than one year of operation they must maintain and/or have increased employment.