Aid Rates and Grant Rates
The percentage of support of each investment project depends on the size of the investment body and the Prefecture in which it is implemented. Businesses are divided into large, medium, small and very small, according to the relevant EU ranking. The determination of the aid percentages is done, based on the per capita gross domestic product (GDP) of each Prefecture. The New Development Law provides for aid of up to 55% depending on the size of the business and the area of establishment.
Eastern Macedonia - Thrace |
55% |
|
Central Macedonia |
55% |
|
Thessaly |
55% |
|
Epirus |
55% |
|
West Greece |
45% |
|
Peloponnese |
55% |
|
North Aegea |
55% |
|
West Macedonia |
45% |
(2018-2020 the percentage for Grevena and Kozani will be 30% |
Ionian Island |
45% |
(2018-2020 the percentage will be 30% |
Crete |
45% |
(2018-2020 the percentage will be 30% |
Central Greece |
40% |
(35% for N. Evritania |
Attica |
40% |
|
Southern Aegean Sea |
40% |
The above percentages apply to small enterprises (less than 50 employees with an annual turnover or balance sheet of less than 10 million euros), for medium enterprises the percentage decreases by 10% and for large enterprises decreases by 20%.