The decision to extend the deadline for online funding applications for the Elevate Greece National Register Support for Start-up Enterprises to tackle the Covid-19 pandemic of EPANEK has been published. The new deadline for the submission of funding applications is Wednesday, October 20, 2021 at 15.00 instead of Thursday, September 30, 2021 at 15:00.

The Action aims to strengthen the entrepreneurship and liquidity of strengthen the entrepreneurship and liquidity, under the adverse conditions of the COVID-19 crisis. A crisis that was exacerbated by the prolonged outbreak of the disease in the affected SMRs. The aid will take the form of a grant (working capital). The aim is for businesses to remain viable and not to lose jobs.

Budget of the Action of Elevate Greece

The total budget is EUR 60 million. euros for all regions of the country.

The Action is co-financed by the European Regional Development Fund (ERDF) of the European Union and by national resources.

Beneficiaries of the Action

New innovative small and medium-sized enterprises that are registered in the National Register of Start-ups/E.M.N.E. Elevate Greece, www.elevategreece.gov.gr

Basic Conditions for Participation

Businesses should, inter alia, meet the following conditions:

• be registered in the National Register of Start-ups/E.M.N.E. Elevate Greece, www.elevategreece.gov.gr established and maintained at the General Secretariat for Research and Innovation, Directorate for the Support of Research and Innovation Actions/Department of Innovation GA,
• the company's activity is compatible with an area of the national smart specialisation strategy RIS3
• be very small, small or medium-sized enterprises;
• have started by 31.12.2020,
• be active in one of the eligible SMRs, in accordance with Annex I of the Detailed Call "ELIGIBLE ACTIVITIES (NACE CODE)",
• to operate exclusively with one of the following types of enterprises of corporate / commercial character: IKE, LTD, SA, based in the Greek Territory, or capital companies based abroad, which maintain a branch in Greece, provided that it has a Greek VAT number and is registered in the G.E.MI / General Commercial Register,
• to keep simple or double-entry books in accordance with Law 4308/2014,
• have submitted an income tax and VAT return (if they are subject) for the reporting year 2019 on time, in accordance with the tax legislation, or a Solemn Declaration for those businesses that choose 2020 as the reference year,
• the total amount of public funding that the beneficiary will receive must not exceed in total nominal value the total ceiling of EUR 1 800 000.