Trade with Greece
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strategic sectors (Agri-food, Materials/construction,
Logistics etc.).
Eligible businesses include enterprises that keep
B and C Class books and records, either existing
(for two or more fiscal years) or start-ups formed
by 31/12/2015.
Aid covers up to 40% of eligible expenses, with
an additional 10% that brings total coverage to
50% in the case new personnel is hired.
Ten percent of the programme’s budget has been
earmarked for new micro and small enterprises,
while the remaining 90% will be allocated to exist-
ing micro and small enterprises. The period for
the submission of proposals is from 7/4/2016 to
20/5/2016.
The subsidised budget of each investment pro-
posal cannot be less than 15,000 euros and can-
not exceed total turnover for the year 2015 or a
maximum of 200,000 euros.
Eligible expenditures include: Buildings, facilities
and surrounding spaces; machinery-equipment;
intangible expenses; and payroll costs (existing
and/or new personnel) of up to €24,000, as fol-
lows: €12,000.00 per AWU (existing and/or new)
and up to two AWUs.
The total budget of the programme amounts to
130 billion euros.
2. Programme “Aid to tourism SMEs for their
modernisation and upgrading the quality of
services provided”
The main objective of this programme is to help
existing micro, small and medium-sized tourist
enterprises to modernise their infrastructure and
operation, upgrade their quality, and enhance
their product and service offering, enabling them
to improve their position in the domestic and inter-
national tourism market.
Eligible businesses include those that had been
established by 31/12/2015, have had an eligible
Activity Code Number (KAD) since then, and
employ at least one AWU. The period for the sub-
mission of proposals is from 29/3/2016 to
17/5/2016.
The subsidised budget of each investment pro-
posal cannot exceed total turnover for the year
2015 or a maximum of 150,000 euros, and cannot
fall short of 15,000 euros. Eligible expenses
include: Buildings, facilities and surrounding
spaces; machinery-equipment; environmental
protection, and energy- and water-saving equip-
