{"id":8397,"date":"2022-12-15T14:56:37","date_gmt":"2022-12-15T14:56:37","guid":{"rendered":"https:\/\/dev-espa.summerize.io\/micro-and-small-business-entrepreneurship\/"},"modified":"2023-08-22T08:09:04","modified_gmt":"2023-08-22T08:09:04","slug":"micro-and-small-business-entrepreneurship","status":"publish","type":"post","link":"https:\/\/espa.io\/en\/micro-and-small-business-entrepreneurship\/","title":{"rendered":"Micro and Small Business Entrepreneurship"},"content":{"rendered":"\n
\"\"\/<\/figure>\n\n

Within the first 10 days of June, the submission of applications for the new scheme is scheduled to start: Entrepreneurship of Micro<\/a> and Small Enterprises<\/a><\/strong> provided for by Chapter IA’ (Articles 59, 60 and 61) of Law 4399\/16, as amended by para. 4 of article 36 of law 4605\/19 (Government Gazette 52 A’).<\/p>\n\n

As announced by the General Secretariat for Strategic and Private Investments of the Ministry of Economy and Development, for the convenience of the interested investors, a draft of the notice of the scheme has been posted on the website of the development laws<\/strong> (\n www.ependyseis.gr<\/a>\n<\/strong>), where all relevant information is included.<\/p>\n\n

Micro and Small Business Entrepreneurship – Analytics<\/strong><\/h2>\n\n

According to the data published so far on the new regime: Entrepreneurship of Micro and Small Enterprises<\/strong> of Law 4399\/2016, among those included in the above aid scheme is the establishment and\/or expansion of new \n The new and expanding and extending hotel units<\/a>\n<\/strong> at least three (3) stars<\/strong>, a sector that is of particular interest at the moment.<\/p>\n\n

The beneficiaries of the aid under this scheme are micro, small and medium-sized enterprises that are newly established<\/a> or in the process of being established<\/a><\/strong> in accordance with the provisions of Regulation No. 651\/2014 Commission Regulation (EU).<\/p>\n\n

Investment projects covered by this aid scheme must have the character of an initial investment and in particular fulfil one of the following conditions:<\/p>\n\n

    \n
  1. Create a new unit<\/li>\n\n\n\n
  2. Expansion of capacity of an existing plant<\/li>\n\n\n\n
  3. Diversification of a unit’s production into products or services that have never been produced in it<\/li>\n\n\n\n
  4. Fundamental change of the entire production process of an existing unit of a large enterprise<\/li>\n\n\n\n
  5. Acquisition of the total assets belonging to a closed establishment which is bought by an investor unrelated to the seller and which excludes the mere acquisition of the shares of an undertaking<\/li>\n<\/ol>\n\n

    The investment projects covered by this agreement are supported by the incentives of tax exemption, grant, leasing subsidy and\/or subsidy of the cost of employment created<\/strong>. If the aid in the form of a grant<\/strong> is selected, the aid rate varies according to the following factors:<\/p>\n\n

      \n
    • Region of implementation of the investment project<\/li>\n\n\n\n
    • area characteristics (e.g. mountainous, border, island areas, etc.)<\/li>\n\n\n\n
    • Industry of activity<\/li>\n\n\n\n
    • business characteristics (extroverted, innovative, achieve increased added value, show an increase in employment, etc.)<\/li>\n<\/ul>\n\n

      The total amount of aid per investment project submitted may not exceed EUR three million (3 000 000).<\/strong><\/p>\n\n

      The minimum eligible amount of investment for the inclusion of investment projects in this aid scheme is set on the basis of the size of the entity, namely:<\/p>\n\n

        \n
      • for small enterprises, to the amount of one hundred and fifty thousand (150,000) euros,<\/li>\n\n\n\n
      • for micro-enterprises, to the amount of one hundred thousand (100,000) euros,<\/li>\n\n\n\n
      • for the Social Cooperative Enterprises (SCE) of Law 4430\/2016 (A’205), as well as the Agricultural Cooperatives (DP), the Producer Groups (POs) and the Agricultural Partnerships (ABP) of the Law. 4384\/2016 (A’ 78) in the amount of fifty thousand (50,000) euros.<\/li>\n<\/ul>\n\n

        Also, with the above announcement, the General Secretariat announces that the deadline for submitting applications for the General Entrepreneurship<\/strong> (3rd cycle) scheme of Law 4399\/16 has been extended by 15 days. The cut-off date is therefore set at 15 June 2019,<\/strong> instead of 31 May 2019.<\/p>\n\n

        The new notice for the General Entrepreneurship<\/strong> scheme (4th cycle) is planned to be published in the first days of September, with the start of submissions on 15 September 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"

        Within the first 10 days of June, the submission of applications for the new scheme is scheduled to start: Entrepreneurship of Micro and Small Enterprises provided for by Chapter IA’ (Articles 59, 60 and 61) of Law 4399\/16, as amended by para. 4 of article 36 of law 4605\/19 (Government Gazette 52 A’). As announced […]<\/p>\n","protected":false},"author":1,"featured_media":3042,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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