April 20, 2024 5 min read
Upgrading micro & small existing businesses by developing their capabilities in new markets

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The action - Upgrading micro & small existing businesses by developing their capacities in new markets

Upgrading micro & small existing enterprises by developing their capacities in new markets - The aim is to strengthen existing micro and small enterprises active in 8 strategic priority areas of the OP Competitiveness, Entrepreneurship, Innovation (EPAnEK) and are the following:

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

Businesses will be strengthened in order to upgrade themselves through increased investment in their technological and commercial modernization, the adoption of the use of ICT, the increase in the degree of standardization and certification of products, the development of quality integrated services, the improvement of the quality of products and services offered. Businesses will be strengthened in order to upgrade themselves through increased investment in their technological and commercial modernization, the adoption of the use of ICT, the increase in the degree of standardization and certification of products, the development of quality integrated services, the improvement of the quality of products and services offered.

Who is affected by the Upgrade of very small & small existing businesses?

Existing businesses operating in the 8 strategic priority areas and keeping B' and C' category books, which until 31/12/2015 have closed two or more management uses or new enterprises that are active in the 8 strategic priority areas and do not fall into the above category of existing ones and have been established until 31/12/2015.

Programme budget - Upgrading of micro & small existing businesses

The budget amounts to a total of EUR 130 million. (Public Expenditure) and will be implemented through two (2) call cycles (1st cycle 2016: 60% and 2nd cycle 2nd half of 2016: 40%)

The budget for the 1st cycle amounts to EUR 78 million. Euro and is distributed to the Regions of the country as follows:

-Eastern Macedonia & Thrace, Central Macedonia, Epirus, Thessaly, Western Macedonia Greece 48.840.000 €
-West. Macedonia, Ionian Islands, Peloponnese, North Aegean, Crete 7.200.000
-Attica 16.800.000
-Central Greece 3.000.000
-South Aegean 2.160.000

Amount of subsidy

They are subsidized with an amount of € 15,000 to € 200,000.
The funding covers 40% of the eligible costs and is increased by 10%, reaching 50% in the case of recruitment of new staff.

Expenses subsidized

  • Buildings, facilities and surroundings --> 40%
  • Machinery - Equipment --> 90%
  • Intangible Costs --> 100% (up to €100,000) • Employee wage costs (existing and/or new staff) --> 40% up to €24,000 as follows: €12,000 per SRM (existing and/or new) and up to two SRM

Important dates

Submission period from 7/4/2016 to 20/5/2016

Necessary supporting documents for submission

It requires, inter alia:

  • Submission form signed by the Legal Representative of the company and stamped by it
  • Status of active activities (SMRs) of the enterprise through the gsis.gr
  • Labour inspection statements, E4 and DPA/E7 for years 2012-2015 or for as many years as the company exists
  • Valid operating license or application for issuance/renewal or certificate of the competent authority regarding the fulfillment of legal operating conditions.
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