The Action "Entrepreneurship Toolkit: Trade - Focus - Education" aims to strengthen existing small and micro-enterprises that are active:

– in retail trade
– in the provision of catering services
– the provision of private education-social care services

in order to upgrade the level of their business organization and operation.

Action Budget

60 million euros for all regions of the country

The Action is co-financed by the European Regional Development Fund (ERDF) of the European Union and by national resources.

Beneficiaries of the Action

Small and very small businesses

Investment Plans & Subsidy

Investment Plans from 10,000 euros up to 150,000 euros
Subsidy 50%

Basic Conditions of Participation

Businesses must cumulatively satisfy the following conditions:

• to have the status of Small and Very Small Enterprises
• to have closed at least three (3) twelve-month management years
• to have at least one eligible KAD of Annex III "ELIGIBLE ACTIVITIES (KAD)", as an active main or secondary activity, throughout these three (3) management years
• have, in the year preceding the electronic submission of the funding proposal, at least:
  • 1 annual labor unit (ALU) for the retail sector,
  • 2 SMEs for the catering industry and
  • 5 EME for the education-social care sector.

Subsidized Expenses

• Buildings, Facilities and Surrounding Space up to 100% of the investment plan
  Interventions for:
  • energy saving
  • health and safety upgrade
  • handicap accessibility facility

• Machinery-Equipment up to 100% of the investment plan
  Supply and installation of equipment for:
  • energy saving
  • upgrading of hygiene and safety in the premises of the company
  • Supply and installation of ICT equipment
• Means of transport
  • up to 25,000 euros and up to 30% of the investment plan for retail businesses
  • to 100% for education-social care enterprises

• Digital Projection
• Certification of services and/or procedures
• Employee salary costs (new staff)
• Costs of Studies/Training/Monitoring of the investment plan.

The date of publication of the invitation is defined as the date of start of expenditure eligibility.

Time of Implementation of Investment Plans

Until twenty-four (24) months from the date of issuance of the Incorporation Decision.

Businesses should implement the 30% of the approved subsidized investment budget, in the first twelve (12) months from the date of issuance of the Incorporation Decision.

Submission Period

Start Submissions: February 27, 2019

Deadline for Submissions: 09 May 2019

Contact – Information

Contact KEK KEPETH for more information

9 Vassani Street, 38333, 2nd Floor, Volos

Tel. Contact: 24210-30535