“Green SME Productive Investment”: Exhaustion of the available budget also in the less developed regions

Unable to finalize funding applications for Action “Green Productive Investment SME” and in Less Developed Regions (North Aegean, Eastern Macedonia – Thrace, Central Macedonia, Epirus, Thessaly, Western Greece, Crete, Western Macedonia, Ionian Islands, Central Greece, Peloponnese), due to exhaustion of the available budget, increased by 20%.

Furthermore, it is clarified that it remains possible to process funding applications, in the form of a plan at OPSKE. It is pointed out that, depending on the progress of the evaluation process, the option to finalize funding applications may be activated again, for which a newer announcement will follow.

Green Productive Investment SME

The Action encourages investment projects that aim at the utilization and development of modern technologies, at the upgrading of the products produced and/or services provided and their activities in general, by rewarding actions that utilize modern technologies, infrastructure and best practices in energy upgrade and circular economy.

Minimum / maximum subsidized budget: €30,000 up to €200,000

Aid rate: Up to 40%

The grant may receive an additional percentage of 10% if “Green Transition” GREEN costs are included at a rate of 20% of the eligible budget of the investment plan when the investment plan is included. The above increased subsidy rate will remain fixed during the stage of interim verifications and payments.

Action Budget: €400,000,000

The Public Expenditure is co-financed by the European Regional Development Fund (ERDF) of the European Union and by National Participation. For reasons of greater complementarity, the financing is done using Joint Support (Article 25 C (EU) 2021/1060) for the financing of interventions that fall within the scope of EKT+ aid.

Budget allocation by Region category

  • €88,000,000 for the Regions in Transition: Attica and South Aegean
  • €312,000,000 for the Least Developed Regions: Northern Aegean, Eastern Macedonia – Thrace, Central Macedonia, Epirus, Thessaly, Western Greece, Crete, Western Macedonia, Ionian Islands, Central Greece, Peloponnese

Beneficiaries

Existing Small, <a … electronic submission of the funding application:

  • To have at least one (1) complete closed administrative use,
  • To be substantially active (Main Activity Code or Activity Code with the highest revenue) in one (1) eligible activity KAD included in Annex III ELIGIBLE ACTIVITIES (KAD),
  • To have the eligible investment KAD(s) of Annex III – ELIGIBLE ACTIVITIES (KAD),
  • To have at least two (2) EMEs of dependent work during the calendar year preceding the submission of the funding application.

The overall participation requirements of the beneficiaries are presented in detail in the action guide.

Eligible Expenses for Green Productive Investment SME

  • Buildings, facilities and surrounding area
  • Machines – Equipment (Contractual Expenses)
  • Equipment (GREEN)
  • Certification of Products – Services – Processes
  • Packaging Design – Label – Branding Services
  • Promotion and Outreach Expenses
  • Participation in trade fairs
  • Technical Studies & Consulting Services
  • Means of Transport (GREEN) – Mandatory electric vehicles
  • Salary cost of new employees – (new staff from 1 to 3 EME)
  • Indirect costs

The date of start of expenditure eligibility is defined as the date of electronic submission of the funding application.

Maximum duration of completion of physical and financial object: Twenty-four (24) months from the date of issuance of the Incorporation Decision.