April 25, 2024 5 min read
Fifth modification of the Action: support for existing businesses affected by the pandemic in areas affected by major natural disasters

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The fifth (5th) amendment of the Decision on the approval of funding applications under the Action of the EPANEK: Subsidy for existing businesses affected by the pandemic in areas affected by major natural disasters, concerning the approval of eighty-four (84) additional applications for funding, with a total public expenditure of EUR 551 763,74, relating to Small and medium-sized enterprises.

The total number of approved/co-funded projects under the Action "Grant to existing enterprises affected by the pandemic in areas affected by major natural disasters" amounts to one thousand eighty-nine (1,089). The total public expenditure amounts to 8,471,997.21 euros. All of the approved projects concern Small and Medium Enterprises.

The Action Subsidizing existing businesses affected by the pandemic, in areas that suffered major natural disasters, aims to ensuring sufficient liquidity in existing businesses affected by the pandemic, in areas that have suffered major natural disasters. As well as in maintaining the continuity of economic activity during the COVID-19 outbreak and thereafter.

The Action grant provided will contribute to securing part of the required liquidity for the restart of local economic activities. As well as ensuring business continuity. Thus, the preservation of jobs is indirectly supported.

Subsidies for existing businesses affected - Budget of the Action

26 million euros grant (20 million euro) EUR 6 million for SMEs and EUR 6 million for small and medium-sized enterprises. euros for Large Enterprises ).

React EU - Action funded as part of the Union's response to the COVID-19 pandemic

Beneficiaries of the Action

Businesses, regardless of their legal form, that operate legally and are active in the areas affected by natural disasters.

Grant

Up to 18,000 euro grant per beneficiary company, which will be granted as a lump sum to provide liquidity and cover future operating costs.

Analytically:

Indicative operating costs eligible for the grant, under the application of the simplified cost option and flat rate calculation, may include the following:

The public funding of each potentially benefiting company is calculated during the funding application based on the submitted historical expenditure data of each applicant company for the operating expenses of the year 2019, as shown in the corresponding tax form E3, and by applying a horizontal percentage to the operating expenses of the year 2019.

  1. rents of professional premises,
  2. costs of energy, fixed and mobile business telephony, water supply, heating, etc.,
  3. expenses for third party fees (legal, consulting, accounting support, etc.),
  4. promotion and networking expenses (design and printing of advertising forms, posters, advertising listings, expenses for participation in professional exhibitions, company website/Creation and/or Upgrade, etc.),
  5. consumables supply costs,
  6. depreciation of fixed equipment (tangible and intangible),
  7. salary costs of the company's personnel.

The basis for determining a flat-rate amount per beneficiary company is the entry of the above indicative costs, as they are grouped in the corresponding fields / codes of the tax form E3 in the year 2019, i.e. in a period when the supported activities were not affected by natural disasters .

Therefore, the sum of the amounts in fields 581 (Employee benefits), 585 (Miscellaneous operating expenses) and 587 (Depreciation) of the 2019 E3 tax form is taken into account. A horizontal percentage of 50% is applied to the determined sum, which is the amount of the total declared expenses, for the calculation of the corresponding public funding as a lump sum.

For businesses that have started operations within 2019. The reduced sum of the amounts of codes 581, 585 and 587 of the tax form E3 of the year 2019 is calculated as the total actual sum of the specific codes for the total number of operating days of the year multiplied by 365 .

For businesses that have started operations within 2020. The reduced sum of the amounts of codes 581, 585 and 587 of the tax form E3 of the year 2020 is calculated as the total actual sum of the specific codes for the total number of operating days of the year on 366.

Οι επιχειρήσεις που συστάθηκαν εντός του 2021, ανεξάρτητα εάν είχαν έσοδα από επιχειρηματική δραστηριότητα ή όχι, δύναται να λαμβάνουν κατ αποκοπή ποσό ύψους 2.000 ευρώ.

ATTENTION: For the calculation of the grant, amending tax data (amending E3 statement or amending VAT), which were submitted after the publication of this Call, are not accepted.

Grants for existing businesses affected - Basic Conditions of Participation

The beneficiaries of the Action should, among other things, meet the following conditions:

  • To submit a Financing Application per VAT number for all the facilities they have.
  • To have started work at the relevant PFS by 31.12.2021.
  • To be active (head office or branch or other facility) in the following areas affected by natural disasters and in a separate area from their home for which they are requesting assistance:

- Municipality of Mantoudi-Limni-Agia Anna, (Prefecture of Evia)

- Municipality of Istiaia-Edipsos (Prefecture of Evia)

- Municipal Unit of Arkalochori in the Municipality of Minoa-Pediados (Prefecture of Heraklion)

- Municipal District of Damasio, in the Municipality of Tyrnavos (Prefecture of Larissa)

- Municipal District of Mesochori in the Municipality of Elassona (Prefecture of Larissa)

- Municipal Communities: Amourio, Preitorio, Vlachogianni and Magoula of the Municipal Unit of Potamia of the Municipality of Elassona (Prefecture of Larissa)

- Municipal Unit of Ancient Olympia in the Municipality of Ancient Olympia (Prefecture of Ilia)

- Municipal Communities: Lala, Achladinis, Doukas and Nemoutas of the Municipal Unit of Foloi of the Municipality of Ancient Olympia (Prefecture of Ilia)

- Municipality of Argostoli (Prefecture of Kefallinia)

- Municipality of Lixouri (Prefecture of Kefallinia)

- Municipality of Sami (Prefecture of Kefallinia)

- Municipality of Ithaki (Prefecture of Kefallinia)

- Municipality of West Samos (Prefecture of Samos)

- Municipality of Eastern Samos (Prefecture of Samos)

- Municipal Communities: Vrisas and Stavrou of the Polichnitos Municipal Unit of the Municipality of West Lesvos (Prefecture of Lesvos)

particularly:

a) For the Municipalities of Argostoli, Lixouri, Sami and Ithaki, only those enterprises of the Regional Unit of Kefallinia and Ithaki that were affected by the "Ianos" phenomenon in September 2020 and for which the autopsy work was not completed in time by the State Aid Committees are beneficiaries Region, as the details of these businesses are certified by a document from the relevant Region.

these businesses are certified as earthquake victims and their information is confirmed by a relevant document from the relevant Region.

  • To be obliged to submit tax form E3- "STATEMENT OF FINANCIAL DATA FROM BUSINESS ACTIVITY".
  • To have until 31.12.2021 as the main activity code or as the activity code with the largest income, a SSC that is not included in the NON-eligible SCCs of Chapter 5: "NON-ELIGIBLE FIELDS OF ACTIVITY" (APPENDIX VIII). For businesses starting operations before 01.01.2020. The audit is carried out based on the KAD with the largest income, as it is indicated in the relevant Field of Form E3 (Statement of financial data from business activity) of Tax year 2019 submitted in the year 2020. For companies starting operations within 2020 or within 2021. The control is based on the main activity NACE code of either the company or the branch.
  • To have, by the date of publication of this Call, an active eligible NACE code in their facility within the aid areas.
  • To operate legally in the places for which they will apply for aid.
  • To present reduction of their turnover of the year 2021 percent at least 10% compared to the 2019 turnover. For the businesses they have done start of operations within 2019, the turnover of the year 2019 is compared with the turnover corresponding to an equal number of days in 2021 (total turnover of 2021 by 365 X number of operating days of the year 2019). The resulting reduction percentage is rounded to the second percentage decimal place. The condition for participation of the first paragraph of this paragraph is presumed to be met in the case of businesses starting operations within the year 2020 or within 2021, as well as in the case of businesses that in the year 2019 proved to have no income from business activity of any kind.

For businesses that have an administrative year from 1 July to 30 June, the turnovers of the years 1.1.2019 - 31.12.2019 and 1.1.2021 - 31.12.2021 are declared and compared. The turnovers as derived from the periodic VAT declarations of these intervals.

The businesses they have entered into franchise agreements, in their capacity as licensor or franchisee, declare this fact in the financing application and are checked during the verification stage as to whether they are related undertakings in order to determine the aid that is counted for the control of the accumulation of aid importance (De Minimis).

Caution: Beneficiaries who have already submitted a funding application to the Action: "Emergency grant of entertainment businesses, organization of events and exhibitions, event catering, provision of gym and dance school services" and their application is in progress are not entitled to submit a funding application evaluation or approved. Beneficiaries are entitled to apply for funding under this Natural Disaster Action: Only in the event that their application to the other Action is rejected.

Subsidy for affected existing businesses - Eligible expenditure

Indicative operating costs eligible for the grant, under the application of the simplified cost option and flat rate calculation, may include the following:

  • rents of professional premises,
  • costs of energy, fixed and mobile business telephony, water supply, heating, etc.,
  • expenses for third party fees (legal, consulting, accounting support, etc.),
  • promotion and networking expenses (design and printing of advertising forms, posters, advertising listings, expenses for participation in professional exhibitions, company website/Creation and/or Upgrade, etc.),
  • consumables supply costs,
  • depreciation of fixed equipment (tangible and intangible),
  • salary costs of the company's personnel.

Deadline for Electronic Submission: Wednesday 07/12/2022 at 15:00.

See more detailed information on the Action on the Grant for existing businesses affected here.

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