Strengthening of Establishment & Operation of New SMEs

A key objective of the Action is the enhancement of investment projects in the establishment of start-ups and Smes, which will invest its own resources to the activity you intend to engage in and create new jobs.
EXCLUDED the sectors of catering, retail and tourism.

Businesses that will participate in the Action should take care to facilitate access to them for people with disabilities.

18/12/2023 with an end date 29/02/2024

30.000€ to 400.000€

45%, which may be increased by:

• 10% if the investment takes place in a remote or earthquake-prone or fire-prone or flood-prone area or small islands
• 5% extra with the declaration when submitting the funding application of the goal of employing at least 1 EME, in the first year after the completion of the investment.

• Class A. Under establishment. Businesses that will be established from the date of issue of the notice of the action until its first disbursement.
• Category B. New members. The term newly established businesses are defined as businesses for which 12 months of continuous operation have not passed (12 months have not passed from the date of the start of the business in the AADE until the date of the announcement of the Action).

• Buildings, facilities and surroundings
• Production and mechanical equipment
• Equipment for environmental protection and energy saving
• Digital office equipment
• Means of Transport – Mandatory electric
• Software and rights to use software programs
• Construction of a website, e-shop, etc
• Software/Application installation and configuration services – User training
• Certification of quality assurance and environmental management systems
• Expenses for the provision of services (technical studies, consulting, support in the field of innovation, etc.)
• Advertising and Outreach Expenses
• Participation in trade fairs
• Indirect costs

The date of commencement of expenditure eligibility is defined as the date of announcement of the action, i.e. 18/12/2023.

Twenty-four (24) months from the date of issuance of the Approval Decision.