May 3, 2024 5 min read
Entrepreneurship Fund II (EFF II) Business Finance – Subprogramme A: Open for applications

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The Sub-programme A of the ERANEK (NSRF 2014-2020) Action "Entrepreneurial Financing of the Entrepreneurship Fund II" (TEPIX II) remains open for online submission of funding requests. You can see more information here .

The Action managed by GREEK DEVELOPMENT BANK aims to finance SMEs through the provision of Investment Loans and Working Capital Loans on favourable terms.

Beneficiaries of the Action

Under recommendation , newly established , and existing , micro , small and medium small and medium-sized enterprises.

Loans for the business financing of investment projects (investment purpose)

  • Loan amount: €25,000 to €1,500,000
  • The disbursement shall be made in one lump sum or in instalments within 24 months from the signing of the loan agreement with the Bank and in any case no later than 31.10.2023, whichever is earlier.
  • Duration of repayment: 5-10 years with a grace period of up to 36 months,
  • The expression of interest of the companies is made through the State Aid Information System (PASKE), at www.ependyseis.gr, indicating the Cooperation Bank from which it wishes to be financed.
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