ESPA 2021-2027: Green Transition of SMEs

ESPA 2021-2027: Green Transition of SMEs

Program dates

Start of applications: 22/03/2023 at 12:00

Submission deadline: Until the budget is exhausted

The package of 2 subsidized programs named "Green Transition of Small and Medium Enterprises" with a total budget of 700 million euros, which is part of the new "Competitiveness" Program of the NSRF 2021 - 2027, was announced.

Scope

It encourages investment projects aimed at the utilization and development of modern technologies, the upgrading of the products produced and/or services provided and their activities in general, rewarding actions that make use of modern technologies, infrastructures and best practices in matters of energy upgrading, circular economy and the adoption of clean energy sources.

Data

  • Action 1 budget: €350 million
  • Action 2 budget: €350 million
  • Subsidized investment plan budget of Action 1: €200,001 up to €1 million.
  • Subsidized investment plan budget of Action 2: €30 thousand up to €200 thousand.

Action 1 - Green Transformation of SMEs

Investment Budget

It concerns businesses with a subsidized investment project budget of €200,001 up to €1,000,000.

Existing medium, small and very small businesses can submit a proposal to the Action.

Requirements

The basic conditions for the participation of potentially benefiting companies are the following:

  1. Have at least one (1) complete closed year prior to the date of electronic submission of the funding application.
  2. To be active (Main Activity Code or Activity Code with the highest revenue) in one (1) of the eligible activity codes (ΚΑΔ) prio to the date of electronic submission of the funding application.
  3. Have the eligible activity code (ΚΑΔ) prior to the date of electronic submission of the funding application.
  4. Have at least three (3) full-time or part-time employees in the calendar year preceding the submission of the funding application. This will be confirmed based on the declared data held for this company in the ERGANI information system.
  5. To operate legally
  6. Implementation of the investment project has not started before the submission of the funding application.
  7. To declare as place/places for the implementation of the plan of this action exclusively one category of Region.
  8. To operate exclusively as businesses of a corporate/commercial nature.
  9. To meet the conditions of application of the EU Regulation on which the financial aid scheme is based, which they will necessarily choose when submitting the funding application. There is the option of choosing either EU Reg. 651/2014 (ΓΚΑΚ) or EU Reg. 1407/2013 (De minimis).

Eligible Expenses

  • Expenditures for buildings and other facilities
  • Machinery – Equipment
  • GREEN equipment to improve Energy efficiency
  • Certification of Products - Services - Processes
  • Packaging Design – Label – Branding Services
  • Advertising and Outreach
  • Expenses for Participation in trade fairs
  • Technical Studies - Consulting Services
  • Means of Transport (GREEN)* Mandatory electric
  • Wage cost
  • Indirect costs 

The start date of expenditure eligibility is defined as the date of submission of the funding application.

Aid amount

  • 40% for medium, small and very small enterprises.
  • 50% for medium, small and very small businesses with implementation of green costs of at least 20% of the total eligible budget.

Duration of implementation

The maximum duration of completion of the physical and financial object of the investment project cannot exceed twenty-four (24) months, from the date of issuance of the Acceptance Decision.

Action 2 - Green Productive Investment of SMEs

Investment Budget

It concerns businesses with a subsidized investment project budget of €30,000 up to €2000,000.

Existing medium, small and very small businesses can submit a proposal to this Action.

Requirements

The basic conditions for the participation of potentially benefiting companies are the following:

  1. Have at least one (1) complete closed year prior to the date of electronic submission of the funding application.
  2. To be active (Main Activity Code or Activity Code with the highest revenue) in one (1) of the eligible activity codes (ΚΑΔ) prio to the date of electronic submission of the funding application.
  3. Have the eligible activity code (ΚΑΔ) prior to the date of electronic submission of the funding application.
  4. Have at least three (3) full-time or part-time employees in the calendar year preceding the submission of the funding application. This will be confirmed based on the declared data held for this company in the ERGANI information system.
  5. To operate legally
  6. Implementation of the investment project has not started before the submission of the funding application.
  7. To declare as place/places for the implementation of the plan of this action exclusively one category of Region.
  8. To operate exclusively as businesses of a corporate/commercial nature.
  9. To meet the conditions of application of the EU Regulation on which the financial aid scheme is based, which they will necessarily choose when submitting the funding application. There is the option of choosing either EU Reg. 651/2014 (ΓΚΑΚ) or EU Reg. 1407/2013 (De minimis).

Eligible Expenses

  • Buildings, Facilities and Surrounding Space
  • Machinery – Equipment
  • GREEN equipment to improve Energy efficiency
  • Certification of Products - Services - Processes
  • Packaging Design – Label – Branding Services
  • Advertising and Outreach
  • Expenses for Participation in trade fairs
  • Technical Studies - Consulting Services
  • Means of Transport (GREEN)* Mandatory electric
  • Wage cost
  • Indirect costs 

 The start date of expenditure eligibility is defined as the date of submission of the funding application.

The start date of expenditure eligibility is defined as the date of submission of the funding application.

Aid amount

  • 40% for medium, small and very small enterprises.
  • 50% for medium, small and very small businesses with implementation of green costs of at least 20% of the total eligible budget.

Duration of implementation

The maximum duration of completion of the physical and financial object of the investment project cannot exceed twenty-four (24) months, from the date of issuance of the Acceptance Decision.


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