The seventh (7th) amendment of the Call for Applications for Funding Applications for Business Plans under the EPANEK Action has been published: Small and Micro Business Competitiveness Toolkit, which extends the deadline for the completion of the investments financed, which may not exceed thirty-nine (39) months and one hundred thirty-two (132) days totally from thirty-six (36) months and one hundred and thirty-two (132), as applicable, in total from the date of issue of the Integration Decision.

When, based on the above defined durations of the implementation of the investment projects, the expected completion dates of the physical and financial object are later than 31-12-2023, then the deadline for completion is set at 31-12-2023.

Competitiveness Toolbox for Small and Micro Enterprises - Budget

400 million euros for all regions of the country

The Action is co-financed by the European Regional Development Fund (ERDF) of the European Union and by national resources.

Competitiveness Toolbox for Small and Micro Enterprises - Beneficiaries of the Action

Investment Plans & Subsidy

Investment plans from 20,000 euros to 200,000 euros

Subsidy from 50% to 65%

The amount of the subsidy is determined based on the export performance of the companies.

Eligible Sectors of Activity

• Agri-food / Food Industry
• Energy
• Supply Chain
• Cultural and Creative Industries (CCI)
• Environment
• Information and Communication Technologies (ICT)
• Health
• Materials - Constructions

Basic Conditions for Participation

Businesses must cumulatively meet the following conditions:

• have closed at least three (3) administrative years of twelve months duration;
• have the eligible SMRs of the investment, in accordance with Annex III "ELIGIBLE ACTIVITIES (SMRS)"
• have at least two (2) full-time or part-time SRM employees in the year preceding the submission of the investment project.

Eligible expenditure

• Machinery – Equipment up to 100% of the investment plan
• Certification of Products – Services – Processes up to 100% of the investment plan
• Packaging – Label – Branding up to 25% of the investment plan
• Digital Promotion
• Consulting Services-Technical Studies
• Means
• Employee Wage Costs (new staff)

The starting date for eligibility of expenditure shall be the date of publication of the call.