A significant new funding opportunity is opening up for small and medium-sized enterprises in Central Greece through the NSRF action ‘I Invest in Central Greece’, which is part of the ‘Central Greece 2021-2027’ programme.
The new action aims to support existing micro, small and medium-sized enterprises, subsidising investments related to:
- business modernisation
- technological upgrading
- innovation
- extroversion
- green development
- energy upgrading
The subsidy rate may reach:
- up to 70% for general investment projects
- up to 75% for environmental or energy-related investments (green projects)
Which businesses may join the programme?
The action concerns existing businesses operating in the Region of Central Greece and meeting specific operating and activity criteria.
The basic participation conditions are:
- commencement of activity before 30/06/2023
- the existence of at least two full closed financial years
- operating under an eligible NACE code
- implementation of the investment exclusively within the Region of Central Greece
- The programme is aimed at businesses wishing to upgrade their operations and invest in modern infrastructure and technologies.
Eligible expenditure under the new NSRF:
Through the action “Business Central Greece”, investments that contribute to improving the competitiveness and overall operation of businesses are funded.
The following are subsidised indicatively:
- purchase of modern equipment and machinery
- digital systems and software
- energy upgrading of facilities
- building works and space fit-out
- certifications of products and services
- promotion and participation in exhibitions
- consultancy services
- innovation and technological modernisation actions
Particular emphasis is placed on green investments, as investment plans with an environmental or energy-related character may receive an increased level of support.
Budget and subsidy rates:
The subsidised budget of the investment projects is set out as follows:
- from €30,000 to €400,000 under the De Minimis regime
- from €200,000 to €800,000 under the GBER regime
The implementation period of the investment projects may last up to 24 months from the approval of the funding.
The business sectors supported:
The programme is linked to the National Smart Specialisation Strategy and supports important sectors of the economy, such as:
- Tourism and Culture
- Agri-food sector
- Digital Technologies
- Sustainable Energy
- Environment and Circular Economy
- Materials, Construction and Industry
- Transport and Logistics Chain
- Health, Biotechnologies and Pharmaceuticals
Why is the new “Business Central Greece” programme important?
The new NSRF is a substantial opportunity for businesses wishing to invest in:
- digital transformation
- technological upgrading
- increased productivity
- energy savings
- extroversion
- development of new services and products
In a business environment that is constantly changing, the use of financing tools can contribute substantially to sustainable development and to strengthening a business’s competitiveness.
Comprehensive support for the new NSRF programme:
At AFS, we provide comprehensive support at every stage of the investment project, from the initial assessment right through to the completion of the investment.
Our team undertakes:
- the assessment of the business’s eligibility
- the preparation and drafting of the investment file
- the financial substantiation and planning of the investment
- the full submission and management of the application
- the continuous monitoring of the project after approval
- the implementation and completion process of the investment
- support in audits and disbursements
- consultancy guidance throughout the duration of the project
AFS’s aim is the proper preparation, effective management and smooth completion of every investment project, with full support at all stages of financing.
For more information on the action “Business Central Greece” and the possibility of your business joining the programme, you may contact the AFS team by completing the contact form below:
