Trade with Greece - 2013 - page 61

equity, bank loans, which may be supported by
NSRF financing tools, such as:
a) guarantees from ETEAN SA for obtaining
investment loans or letters of guarantee;
b) the extension of low-interest business loans
under favourable terms.
The businesses that will participate in the pro-
gramme may use the financing tools of the NSRF,
as well as those of ETEAN, the Entrepreneurship
Fund, and the JEREMIE initiative, which are
available through the banks.
included in the programme, the total investments
made will reach
900 million, and 4,000 new jobs
will be created.
Investment assistance rates vary from 40% to
60%, depending on enterprise size and region,
while start-up enterprises are also eligible to
receive financing of up to 25% of their operating
costs (e.g. rents, payroll etc.), which, nonethe-
less, cannot exceed 40% of the business plan
budget. In order to cover their own participation,
prospective investors can use, apart from own
Trade with Greece
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