Start of submission of funding applications to the Action “Upgrading existing or creating new thermal tourism facilities”

tourism

The submission of aid applications has started in the framework of the program “Upgrading existing or creating new tourism“ program, according to a related call for expression of interest published by Ministry of Tourism.

The program, with a total budget of 19.7 million euros, is part of the wider action “Tourism Development” implemented in the framework of National Recovery and Resilience Plan Greece 2.0, with funding from the European Union–NextGeneration EU.

The submission of aid applications is done online at the online link: https://tourism.development.mintour.gov.gr/, until 15/09/2024.

Objective of the program is the financing of investments in existing or new thermal tourism facilities with the aim of diversifying the tourist product, extending the tourist season, supporting thematic forms of tourism, as well as adapting the infrastructure in accordance with the new green and smart templates.

The invitation is addressed to Local Self-Government Organizations, Public and Private Legal Entities of Local Self-Government Organizations A’ and B’ grade, ETAD S.A. and TAIPED SA and enterprises.

Eligible expenses

Eligible categories expenditure are the following:

  • The construction, expansion, modernization of building facilities and special and auxiliary facilities of the buildings, as long as it is in accordance with the environmental, urban planning and tourism legislative framework.
  • Purchase, transport, repair and installation of equipment to the extent that it serves the operation of the thermal tourism infrastructure.
  • Accessibility for people with disabilities.
  • Computerization equipment expenses of the business.
  • Intangible assets or the estimated wage cost of the jobs created as a result of initial investment, calculated over a two-year period or a combination of part of the costs listed in the tangible and intangible assets and the estimated wage cost, as long as it does not exceed the total of the costs of either category (whichever is greater).
  • Expenses consisting of the cost of consultancy services provided by external consultants.
  • Investments in building facilities to achieve a higher coefficient of energy efficiency.

The investment is implemented either in owned space or in a space for which a concession or lease agreement exists for the purpose of the investment. The existing infrastructure concession/lease contracts must have a duration at least equal to the payback period of the investments to be financed without an increase in the rent/concession fee.

See the Invitation here.