With 2.3 million euros The Municipality of Athens supports 111 small businesses in the historic center. The aim is to proceed with the energy upgrade of their infrastructure and equipment. So in this way they will reduce their energy costs and operating costs.

According to the relevant announcement issued by the Municipality of Athens, this is the "Athens Business Green Toolkit" initiative, the initiative was announced in May last year by the Development and Tourism Promotion Company of the Municipality of Athens (EATA). It is part of an integrated strategy of the Municipal Authority of Bakogiannis to support the local economy. At the same time, it aims to create the best conditions for a sustainable and resilient city.

As part of the action, the small Athenian businesses that submitted their funding applications based on their investment plans (budget from 5,000 to 30,000 euros), are funded by the Municipality of Athens for 80% of their total investment, in order to upgrade the energy and operational of the business.

This means, stressed in the announcement of the Municipality, more "environmentally friendly" facilities with reduced energy consumption. Accordingly, by securing significant resources for the enterprise itself. The initiative is implemented through the EBA and is part of the In the package of measures with a total budget of EUR 40 million, euros, announced in November 2020 by the Municipal Authority for the support of businesses operating within the boundaries of the intervention area of the Integrated Territorial Investment (ITI) of the Municipality of Athens.

Kostas Bakoyannis, Mayor - Municipality of Athens

"At a time when the energy crisis is becoming a decisive factor for the survival of small businesses, we are using European resources to once again support the market and offer financial breathing space to businesses in the historic center," said the mayor of Athens.

"With targeted "green" interventions, we create the conditions for a sustainable Athens.At the same time we contribute dynamically to the strengthening of the city's economy", he underlined.

Detailed information on the progress of the implementation of the action is provided electronically on the following pages:

• of the EFD ITI/SDGS of the Municipality of Athens (www.athensib.gr)
• ELANET(www.elanet.gr)
• EFEPAE (www.efepae.gr)