“Smart Manufacturing”: The decision to finance the approved proposals was signed
The decision on the “Smart Manufacturing“ program of the Ministry was signed Development, 73,227,620 euros, which concerns the financing of approved proposals with recipients very small, small and medium companies of the manufacturing and industrial sector.
Investment projects with a budget from 250,000 euros to 6,000,000 euros are financed to strengthen their technological infrastructure and upgrade their manufacturing equipment with use of cutting-edge smart technologies with low environmental impact.
Aiming at the development of a sustainable industry, the “Smart Manufacturing” action accelerates the industrial transition through the digital transformation of operational and production functions, to create modern and competitive enterprises.
Investment plans should aim to improve the resilience of the business through the upgrading of digital production management and control systems, the supply of advanced and digitally controlled industrial equipment, the digitization of the interconnection systems throughout the supply chain and in the production of systems and technology that support digital transformation.
Indicative interventions that can be implemented, concern:
- digitalization of production lines by utilizing Industry 4.0 technologies
- automation and interconnection of supply chains
- design and production of smart products and services
- application of Smart Manufacturing technologies to improve cost efficiency
- quality assurance and risk management
- feasibility studies and market research for the development of new smart products/services
Type of aid: Grant/Subsidy
What is boosted
The program finances investment projects with a budget from €250,000 to €6,000,000, which may include expenses for:
- mechanical equipment
- building facilities
- special building facilities for the introduction of new technologies such as e.g. 5G ‘s high-speed network infrastructures
- laboratory and quality control equipment
- ICT & software equipment
- software licenses, IT security services
- product design, intellectual property, patent services
- certification cost
- technical consulting services for the implementation of new IT infrastructures and software for the digital transformation of the business or for carrying out a feasibility analysis for the development of new smart products and services,
- consulting services for monitoring the investment plan, training staff and workforce in the new technologies of Industry 4.0
Total Budget: €73,227,620.00
Fund Budget: €73,227,620.00
Geographic Area: All Greece
Invitation Posting Website: https://www.ggb.gr/.
Pillar: 4. Private investment and transformation of the economy
Axis: 4.6 Modernization and improvement of the resilience of main sectors of the country’s economy
Action: 4.6.23 (16721) Smart manufacturing