Region of Crete: Strengthening of Social Enterprises through NSRF

Supporting investment initiatives recommended and subordinated businesses K.A.L.O. that operate or will operate based in the Region of Crete, seeking the promotion of the Social and Solidarity Economy and through this the strengthening of employment. ​

Funding applications in the amount (subsidized budget) from 25,000.00 euros to 70,000.00 euros are being supported.

The Public Funding rate amounts to 100% of the funding application budget.

Investment initiatives will refer to the following sectors:

• experiential tourism and services in general of the tourism industry,
• agriculture – gastronomy
• services health, welfare, education
• natural environment & green technologies
• circular economy
• handicraft / handicraft
• cultural – creative industry

Particularly through the action it is sought to achieve:

✓ The support and strengthening of productive self-management ventures and collective social entrepreneurship.
✓ The reduction of unemployment.
✓ The strengthening of employment by creating new jobs.
​​✓ The improvement of the financial results of the business activity of the Social and Solidarity Economy Agencies (SSOs) in Crete.
✓ The support of the sustainability and competitiveness of social enterprises.
✓ The increase in social benefit that the K.A.L.O. create.

Who is it addressed to

Under establishment and existing​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

Submission Period

From 10/7/2024 to 25/9/2024. Proposals are submitted through the Integrated Information System of State Aids (ISIS), www.opske.gr.​​​​​​​

Type of reinforcement

Grant / Subsidy

Application Area

Region of Crete

Terms and Conditions

Details in the Invitation

What is funded

– Staff Expenses
Full Salary Cost of Newly Hired Staff (unemployed registered with DYPA)
Full Salary Cost of Existing Staff

– Operating expenses (rents, utilities, promotion, networking, etc.).

The subsidized budget of each investment proposal of a potential aid beneficiary can range from 25,000 euros up to 70,000 euros.

In the event that the submitted investment project will have a budget of less than 25,000 euros, then it will be deemed ineligible from the beginning and will not be able to be submitted.

Budget

2,000,000. The budget of the action is distributed as follows:

  • 70% for existing businesses (which were established before the publication of this call),
  • 30% for companies under formation (which will be formed after the publication of this invitation)

See the invitation in detail here.