{"id":7501,"date":"2022-11-14T09:27:22","date_gmt":"2022-11-14T09:27:22","guid":{"rendered":"https:\/\/dev-espa.summerize.io\/third-amendment-of-the-act-aid-in-the-form-of-a-repayable-advance-to-enterprises-affected-by-the-coronavirus-cycle-b\/"},"modified":"2023-08-02T13:26:50","modified_gmt":"2023-08-02T13:26:50","slug":"third-amendment-of-the-act-aid-in-the-form-of-a-repayable-advance-to-enterprises-affected-by-the-coronavirus-cycle-b","status":"publish","type":"post","link":"https:\/\/espa.io\/en\/third-amendment-of-the-act-aid-in-the-form-of-a-repayable-advance-to-enterprises-affected-by-the-coronavirus-cycle-b\/","title":{"rendered":"Third amendment to the Act: Aid in the form of repayable advances to firms affected by the coronavirus – Round 2"},"content":{"rendered":"\n
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The third (3rd) amendment to the Act has been published: Aid in the form of a repayable advance to \n for enterprises that have been economically affected<\/a>\n<\/strong> as a result of the emergence and spread of the COVID-19 coronavirus disease – Cycle 2′. The Act belongs to the Operational Program Competitiveness, Entrepreneurship and Innovation (EPAnEK).<\/strong> The beneficiary of the Operation is the General Directorate of Financial Services of the Ministry of Finance (DGOU).<\/a><\/strong><\/p>\n\n

In the Decision total public expenditure of EUR 218,110,800.00,<\/strong> relating to the financing of the aid already received in the form of a repayable advance for 35,999 small and medium-sized enterprises (SMEs)<\/strong> regardless of sector, affected by the COVID-19 pandemic with aid scheme EC 1407 De Minimis, an amendment to the schedule was made with extension of the expiry date of the operation by 18 months.<\/strong> The expiry date of the operation Postponed from 31\/12\/2021 to 30\/06\/2023.<\/strong><\/p>\n\n

The Decision of total public expenditure 151.889.200,00<\/strong>, concerning the financing of the aid, which they have already received in the form of a repayable advance 22,881 small and medium-sized enterprises (SMEs)<\/strong> regardless of sector, affected by the COVID-19 pandemic with an aid scheme under “Temporary Framework C(2020) 1863\/19-03-2020”, the timetable was also amended with extension of the expiry date of the operation by 18 months.<\/strong> The expiry date of the operation is postponed from 31\/12\/2021 to 30\/06\/2023.<\/strong><\/p>\n\n

The expenditure for the Act: Aid in the form of a repayable advance<\/strong>, co-financed by the European Regional Development Fund<\/a> (ERDF) and national resources<\/strong>.<\/p>\n\n

The measure involves aid in the form of a repayable advance<\/strong> for private firms, irrespective of the sector, which have been financially affected by the emergence and spread of the COVID-19 disease<\/strong>. The repayable advance is aid granted to firms <\/strong>. It is reimbursed, inwhole or in part,<\/strong> under certain terms and conditions.<\/p>\n\n

The aid in the form of a repayable advance shall be non-deductible, tax-free and shall not be set off against any debt.<\/strong><\/p>\n\n

Budget of the Action<\/strong> for aid for repayable advances<\/strong><\/h2>\n\n

900 cm. euros <\/strong>joined EPANEK (Repayable Advance A’ & B’ Cycle).<\/strong> The final amount of eligible aid granted for cycle A & B amounted to 873.78 cm. euros<\/strong>.<\/p>\n\n

Beneficiaries of the Action <\/strong><\/h2>\n\n

(a) Private enterprises of any legal form,<\/strong> including sole proprietorships, with the exception of the following:<\/p>\n\n