ICT4GROWTH

ICT4GROWTH - The program

The ICT4GROWTH Action is part of a broader category of initiatives/actions of the Operational Program "Digital Convergence" and specifically of Priority Axis 1:
Improving Productivity by Utilizing ICT through the Specific Objectives:

• Promotion of the use of ICT in companies of the Operational Program "Digital Convergence", which support the promotion of the use of Information & Communication Technologies (ICT) mainly in the private sector,
• Strengthening the contribution of the ICT sector to the Greek Economy and
• Promotion of entrepreneurship in sectors that utilize ICT.

It is part of the revised Digital Strategy, within the framework of the Actions to strengthen competitiveness, with the main objective of stimulating competitiveness (strengthening extroversion, integrating new technological trends, creating a competitive advantage) and strengthening digital entrepreneurship (innovation, value-added services, market targeting, reward)

Beneficiaries

Proposals may be submitted by individual existing, newly established and newly established private law companies or their partnerships, regardless of legal form, that are legally active in the Greek territory. Each company wishing to participate in the Action, individually or in partnership, has the right to submit/implement a maximum of one (1) project proposal.

Program budget

The total Public Expenditure that will be allocated through this Action amounts to 120,000,000 euros.

Amount of subsidy

The amount of the proposed budget per submitted proposal can range from €300,000 to €5,000,000 for medium-sized investment projects and from €5,000,000 to €20,000,000 for large-scale investment projects.

The total requested budget includes both public funding and private participation.

Subsidized expenses

Eligible costs of business plans under the program are
following:

• Preparation & planning actions
• Industrial research actions
• Development Actions
• Actions to acquire industrial property rights
• Actions for installation and commissioning of productive infrastructures
• Final product/service preparation actions
• Business networking activities

Important dates

The start date of the electronic submission is set until 18/02/2013.

Necessary supporting documents for submission

The supporting documents for submitting a proposal for Existing businesses are as follows:

1. Balance sheets - results of use (for those companies that are obliged to prepare) for the last three closed management years.
2. Tax declarations and detailed tax information E3, E5 (depending on the form of the business), Φ01 (only for S.A.) for the last three closed management years.
3. Forms E7 (Employee Tax Return) for the last three management years
4. Last Articles of Association or Recent Codified Articles of Association of the company
5. Operating Licenses in force in the name of the company and for all of its activities.
6. Completed special Declaration Form on the data relating to the classification of the enterprise as Medium, Small or Very Small according to the EU definition
7. Guarantee Letter of GOOD PERFORMANCE, covering 10% of the approved grant.

The supporting documents for submitting a proposal for newly established businesses are as follows:

1. Accounting statements - balance sheet of the last month as well as the forecasts for the current management year where they will bear the seal of the company (Only for companies that adhere to category C books).
2. Detailed considered personnel statuses of the company by the Labor Inspectorate and the IKA
3. Last Articles of Association or Recent Codified Articles of Association of the company which will include all amendments made to it to date
4. Operating Licenses in force in the name of the company and for all of its activities.
5. Completed special Declaration Form on the data relating to the classification of the enterprise as Medium, Small or Very Small according to the EU definition
6. Guarantee Letter of GOOD PERFORMANCE, covering 10% of the approved grant.