The Action aims to support high-budget investment initiatives, of new and start-up businesses that will be active in the Peloponnese Region and is part of the “Peloponnes” 2021-2027 Programme of the NSRF 2021-2027.
TERMS & CONDITIONS OF PARTICIPATION
A start-up or new enterprise may apply for the Action if it meets the following requirements:
- New company: must have started business after 01/01/2023, Business in formation: must be established after the submission of the Funding Application.
- The same entity may not participate in more than one (1) investment project involving a business in the process of being set up.
- The proposed investment project must relate to one or more of the eligible SICs included in the Call for Proposals and must qualify as an incentive.
- The proposed investment project has the integrated character of an initial investment, covering one of the following: i. Creation of a new establishment; ii. Expansion of the production capacity of an existing establishment; iii. Diversification of the production of an existing establishment into products or services not previously produced by the establishment. Note that the replacement investment does not constitute an initial investment.
- The financial contribution of the beneficiary of the aid amounts to at least 25% of the total eligible costs through own resources or external financing.
- Commit to ensure that until the completion of the investment and depending on the type and nature of the operation, it will provide access for people with disabilities to the buildings, services and electronic environments of the company.
A note on investment in the tourism sector: Investment projects with investment SIC “55.10.10.03 – Sleeping, luxury and first-class hotel services, with restaurant” and/or “55.10.10.04 – Sleeping, luxury and first-class hotel services, without restaurant” in the tourism sector are eligible if they concern hotels that meet the following conditions:
- Classification in category 4**** (four stars) and above,
- Capacity of twelve (12) beds or more.
BUDGET – IMPLEMENTATION PERIOD – RATE OF AID
- Minimum possible budget: 600.000,00€ / Maximum possible budget: 5.000.000,00€
- The duration of the Action is thirty (30) months from the date of publication of the Decision of Inclusion of each project.
- The aid rate is set according to the table below.
| Region | Small and Very Small Sized Enterprises |
Medium Sized Enterprises
|
| Municipalities of Megalopolis, Gortynia, Tripoli and Oichalia | 70% | 60% |
| Rest of Peloponnese | 60% | 50% |
*Different aid rates apply for consultancy, branding, technical studies, salary costs and RES costs on a case-by-case basis.
ELIGIBLE EXPENDITURE
| Category of Expenditure | Sub-Category of Expenditure |
| Full Salary Cost of Employees with Disabilities | · Full Salary Cost of Employees with Disabilities (only for new enterprises) |
| Expenditure on equipment, means of transport & instruments | · Equipment to Improve Energy Efficiency and Energy Saving
· Circular economy equipment · Investment expenditure in renewable energy production · Other business equipment · Digital office equipment · Production and mechanical equipment · Electric means of transport |
| Expenditure on Buildings, Grounds, Facilities & Surroundings | · Buildings, facilities and surroundings |
| Expenditure on the provision of services | · Advisory support for monitoring the implementation of the implementation of the investment plan
· Technical studies necessarily linked to investment expenditure · Certification of products, services & processes according to national, harmonized and other European and international standards · Packaging Design Services – Label Design – Branding · Intellectual property – Patents – Transfer of know-how |
| Software Costs | · Software and software program licenses |
The date on which expenditure becomes eligible is the date of submission of the relevant application for funding.
EVALUATION CRITERIA
The evaluation method will be comparative with a minimum acceptable score of 50 points and will be based on the following criteria: ▪ Maturity of the Investment Plan (availability of the location, permits for the implementation of the investment) ▪ Percentage of available capital in relation to the total investment cost ▪ Professional experience of shareholders ▪ Financial Assessment – Sustainability of the Investment Plan ▪ Relevance of the SIC to the thematic areas of Agri-Food and Tourism ▪ Degree of Innovation.
Opening Date of Submissions for Funding: 19/05/2025, 10:00
Closing Date of Submissions for Funding: 23/07/2025, 15:00
For more information you can contact us by phone at 2108020555 or by e-mail at [email protected].