GREEN TRANSITION OF SMEs ESPA 2021-2027

GREEN TRANSITION OF SMEs

The package of State Aid Actions "Green Transition for SMEs" was announced within the framework of the "Competitiveness" Program of the ESPA 2021-2027, which is addressed to small and medium-sized enterprises of the country, which, by utilizing environmentally friendly solutions, will upgrade their production function and will become more competitive in the Greek market.

The program includes two sub-actions (depending on the amount of the investment plan that each company is interested in) and on 22/03/2023 the applications start.

The evaluation of funding applications will be in order of priority (FiFo) and until the available budget is exhausted. It is pointed out that submitting a funding application is only allowed for one of the actions.

Type of Financial aid

Grant/Subsidy

Area of application

All regions of Greece

The two (2) Actions are the following:

• Action 1: Green Transformation of SMEs: with an eligible budget from € 200,000 to € 1,000,000 (choice of funding either from the EU REGULATION 1407/2013/De minimis or from the EU REGULATION 651/2014/GAK).
• Action 2: Green SME Productive Investment: with an eligible budget of €30,000 up to €200,000 (financing is provided by EU REGULATION 1407/2013/De minimis).

Target Audience:

Action 1 "Green Transformation of SMEs"

Beneficiaries: Existing SMEs, which should before the date of submission of the financing application:

• Have at least one full Fiscal year.
• To be substantially active (Main Activity Code or Activity Code with the highest revenue) in an eligible activity code.
• To have at least 3 AWU of dependent work during the calendar year preceding the submission of the funding application.
• In addition, the investment project should not have started before the submission of the funding application.

What is funded

• Buildings, facilities and surrounding area
• Machinery – Equipment (Contractual costs)
• Equipment (Green)
• Certification of products – Services – Processes
• Packaging design services - label – Branding
• Promotion and outreach expenses
• Participation in trade fairs
• Technical studies & consulting services
• Means of transport (Green) – Mandatory electric
• Salary cost of new employees – (new staff from 1 to 3 AWU)
• Indirect costs

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

Maximum duration of completion of the investment project: Twenty-four (24) months from the date of issuance of the Incorporation Decision.

Action 2 "Green SME Productive Investment"

Beneficiaries: Existing SMEs, which, among others, should before the date of online submission of the funding application:

• Have at least one full Fiscal year.
• To be substantially active (Main Activity Code or Activity Code with the highest revenue) in an eligible activity code.
• To have at least 2 AWU of dependent work during the calendar year preceding the submission of the funding application.
• In addition, work on the investment project should not have started before the submission of the funding application.

What is funded

• Buildings, facilities and surrounding area
• Machinery – Equipment (Contractual costs)
• Equipment (Green)
• Certification of products – Services – Processes
• Packaging design services - label – Branding
• Promotion and outreach expenses
• Participation in trade fairs
• Technical studies & consulting services
• Means of transport (Green) – Mandatory electric vehicles
• Salary cost of new employees – (new staff from 1 to 3 EME)
• Indirect costs

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

Maximum duration of completion of physical and financial object: Twenty-four (24) months from the date of issuance of the Incorporation Decision.

Our company has specialized and experienced executives in submitting applications and managing the implementation of investment programs, who can provide you with additional information and clarifications. For the eligible Activity Code, there will be an update from our company's Communication Officers.

Contact persons:

Dimitris Dritsas, d.dritsas@pkf.com.gr, 210 7480600 & 6983 836058

Vasilis Piantes, v.piantes@pkf.gr, 210 7480600 & 6980 139588

George Roumeliotis, g.roumeliotis@pkf.com.gr, 210 7480600 & 6943 114383