We produce in Greece

Start date: 31/03/2026
End date: 02/06/2026

Purpose

The Action aims to strengthen the country's productive base and international competitiveness in sectors with a strong export orientation. It is a targeted intervention designed to both reinforce the domestic productive base in key sectors and support and expand the export orientation of Greek businesses.

Activities that can be funded under the Action:

Production modernization: Investments in modern mechanical and production equipment to increase production capacity and improve efficiency.
Technological upgrade: Adoption of advanced technologies, automation, and digital systems (Industry 4.0, IoT, etc.) in the production process to reduce costs and improve product quality.
Certifications and quality: Obtaining quality certifications and ensuring product compliance with international standards (marks, accreditations), so that products meet the requirements of both domestic and international markets.
Design and branding: Product redesign, improved design/packaging, and brand development to enhance added value and commercial appeal in the international market.
Human resources strengthening: Coverage of salary costs for specialized personnel who contribute to upgrading production capacity and achieving the company's strategic objectives.

Who can apply

Existing Micro, Small, and Medium-sized Enterprises that must meet basic participation requirements:

Must have at least one (1) full closed fiscal year prior to the date of electronic submission of the funding application.
Must hold the eligible investment NACE code(s) as specified in the detailed call prior to the date of electronic submission of the funding application.
The investment must relate exclusively to NACE codes listed in Annex II – ELIGIBLE ACTIVITIES (NACE CODES).
Must have at least one (1) Full-Time Equivalent (FTE) of dependent employment during the calendar year preceding the submission of the funding application. This will be verified based on the data declared and held for the enterprise in the ERGANI information system.

It is noted that the subsidized budget of the investment plan cannot exceed twice the highest turnover achieved in one of the three (or fewer, if the enterprise does not have three) closed fiscal periods of the year preceding the submission of the funding application, with a maximum aid ceiling of €200,000.

It is noted that upon submission of the funding application, it must be demonstrated that at least all enterprises whose investment plans will be co-financed, received, and deemed "completed" under this Action, are required to fulfill a productive efficiency target within a specific timeframe after investment completion, subject to a penalty of repayment of 10% of the grant received.

Evaluation

The funding application must achieve a minimum score of 75 during the self-assessment of the investment plan. It is noted that submission of the funding application to the OPSKE system is not permitted if this requirement is not met.

Comparative evaluation will be applied for the assessment of funding applications.

Type of aid

Aid intensity rates for funding applications range from 50% to 55% of the subsidized budget of each funding application. The additional 5% public grant rate (Fast Implementation Bonus) is awarded if the Beneficiary submits an Aid Payment Request (APR) with implementation expenditures amounting to at least 80% of the approved budget, within 9 months from the date of electronic notification of the final approval of the funding application.

The maximum grant ceiling is set at €200,000 per Tax Identification Number (TIN).

Aid is granted under EU Regulation 2023/2831 (OJ EL L 15.12.2023) (De minimis).

Area of application

All of Greece

Terms and conditions

Beneficiaries must, among other things, meet the following eligibility requirements:

Submit one funding application per TIN under this Action.
Declare as the implementation location(s) for the activities of this Action exclusively one Region category. The Region in which the investment plan will be carried out is declared in the funding application. It is clarified that the enterprise may implement expenditures at its headquarters and/or branches, provided all implementation points belong to the same Region category.
The physical scope of the investment must not have been completed or fully implemented prior to the submission of the funding application.
Operate exclusively under one of the following corporate/commercial enterprise forms [Société Anonyme (S.A.), Single-Member Société Anonyme, Limited Liability Company (LLC), Single-Member Limited Liability Company, General Partnership, Limited Partnership, Private Company (IKE), Single-Member Private Company, Sole Proprietorship, Civil Profit-Making Company, Social Cooperative Enterprise under Law 4430/2016 as in force, Cooperative] and maintain single-entry or double-entry accounting books under Law 4308/2014, as in force.
Commit that the expenditures included in this specific funding application have not been financed, included, and will not be submitted for approval of financing under any other program funded by national or EU resources.
Provide evidence of securing Own Contribution for the proposed investment plan at a rate of at least 25% of the requested subsidized budget.

It is noted that:

Co-location of enterprises is not permitted, so that the use of the subsidized investment equipment by another enterprise is not possible. Co-location refers to the installation of the subsidized enterprise in the same, non-distinct space as another enterprise. If co-location of enterprises is found where the use of the subsidized investment equipment by another enterprise is possible, the inclusion decision will be revoked.

Enterprises with the Beneficiary's residence (primary or secondary) as the implementation location are not accepted.

The full participation requirements for beneficiaries are presented in detail in the Action's Call.

What is funded

Minimum investment plan budget: €100,000

Maximum investment plan budget: €400,000

The eligible main expenditure categories are as follows:

Machinery – Equipment (Production and Mechanical equipment, Environmental Protection and Energy Saving equipment, Circular Economy equipment)
Service Provision Expenditures (Software procurement/use services under "Software as a Service", "cloud computing" or similar arrangements, Certifications, Packaging Design – Labeling – Branding services, Advisory support for monitoring investment plan implementation, etc.)
Software (Website development, e-shop, mobile applications as fixed assets, Software and software license usage rights)
Promotion, Marketing & Networking (Participation in professional trade fairs as an exhibitor abroad, Other promotion, marketing, and networking expenses)
Personnel Expenditures (Full Salary Cost of Newly Hired Personnel)
Indirect Costs

The eligibility start date for expenditures is the publication date of the Call.

The maximum duration for completing the physical and financial scope of the investment plan cannot exceed fifteen (15) months from the date of electronic notification of the final approval of the funding application (evaluation result or appeal evaluation result).

Budget

€50,000,000

The Action is co-financed by the European Regional Development Fund (ERDF) of the European Union and by National Contribution. For greater complementarity, funding is provided using Common Support (Article 25 R (EU) 2021/1060) for financing interventions falling within the scope of ESF+ aid.

€39,000,000 for Less Developed Regions: North Aegean, Eastern Macedonia – Thrace, Central Macedonia, Epirus, Thessaly, Western Greece, Crete, Western Macedonia, Ionian Islands, Central Greece, Peloponnese.
€11,000,000 for Transition Regions: Attica and South Aegean

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