The Public Expenditure for the Action amounts to €7,800,000 and includes aid under Regulation No 2831/2023 (De minimis), as in force. 

The subsidized budget of each investment project can range from €25,000 to €300,000. 

Investment plans with a budget of less than €25,000 are deemed non-eligible de facto and cannot be submitted.

If the investment plan includes expenditures that cumulatively exceed €300,000, the excess amount is considered in its entirety as private participation. Note that the entire investment plan, including the excess costs, is subject to evaluation, monitoring and audit. 

In any case, the final subsidized budget of the project cannot be lower than the minimum limit of €25,000.

Existing micro, small and medium-sized enterprises that are, or will be, active in the Region of Western Macedonia, and intend to implement an investment plan related to at least one of the eligible KADs (business activity codes) of the Call. Business plans that contribute to the priority areas of the Regional Smart Specialization Strategy RIS3 of the Region of Western Macedonia are supported:

1. Materials, construction and industry
2. Tourism, culture and creative industries
3. Agri-food chain
4. Environment and circular economy
5. Sustainable energy

Existing businesses are those established before 1/1/2022 that have at least two (2) complete closed financial years, through to the date such funding application was electronically submitted. 

They must exclusively operate under one of the following forms of business:
Sole Proprietorship, General Partnership (O.E.), Limited Partnership (E.E.), Limited Partnership (E.E.) by Shares, Limited Liability Company (Ltd.), Single-Member Limited Liability Company (M.E.P.E.), Société Anonyme (S.A.), Single-Member Société Anonyme (M.A.E.), Private Capital Company (I.K.E.), Single Member Private Capital Company (MIKE), Limited Liability Civil Cooperative Enterprise, Unlimited Liability Civil Cooperative Enterprise, Civil Profit-Making Cooperative Enterprise, Civil Profit-Making Company, Other Legal Entity under Private Law (N.P.I.D.), Social Cooperative Enterprise under Law 4430/2016 as in force (KOINSEP), Limited Liability Social Cooperative (KOI.S.P.E.), Agricultural Cooperative, Branch of a Foreign Company.

• Submit a single application for funding per TIN. 
• Should not be participating, whether as beneficiaries or as partners/shareholders, in a business under establishment, in a proposal that has been approved in the context of one of the following actions of the "Just Transition Development” Program of the NSRF 2021-2027: 

1. Establishment of Enterprises & Support for New Micro and Small Enterprises in areas of Just Transition Territorial Plans (JTTP) of the Region of Western Macedonia and Megalopolis. 
2. Strengthening Existing Micro and Small Enterprises in JTTP areas of the Region of Western Macedonia and Megalopolis.
3. Support for investment plans of existing SMEs implemented in mainland areas under the Territorial Just Transition Plan, in accordance with Regulation (EU) 2021/1056 establishing the Just Transition Fund
4. Support for investment plans of SMEs that are newly established or under establishment, implemented in mainland areas under the Territorial Just Transition Plans, in accordance with Regulation (EU) 2021/1056 establishing the Just Transition Fund 

• Should be active or intend to be active in Greek territory and carry out the investment exclusively in the Region of Western Macedonia. 
• Should operate legally by having the appropriate licensing document, in accordance with the applicable legislation and the actual activity they pursue.
• Should maintain single or double-entry account books under Law 4308/2014, as in force.
• Should be registered in the Beneficial Ownership Register of Article 20 Law 4557/2018 (A' 139), as in force, provided that such obligation applies.
• For sole proprietorships: The place of implementation of the investment must not be the residence of the beneficiary (primary or secondary).
• The creditors of the company must not be under bankruptcy, liquidation or compulsory administration or should not have filed an application for resolution.
• Should submit proof of availability of funds, which should evidence that it is possible to cover at least 25% of the total costs of the investment plan. 
• Undertake that the expenditure included in this funding application will not be, and has not been, funded, included or submitted for approval for funding in another program financed by national or EU funds.
• The funding application must obtain a minimum overall score of 40 in the scoring criteria.
  In particular, for investment projects with investment business activity code (ΚAD) "Accommodations" (KAD 55) under the Tourism Sector, conditions are defined that are required to be followed during the completion and delivery of the projects.

The main expenses covered by the Program relate to:

• Personnel costs
• Equipment & Transport Costs
• Expenditure on Buildings & Surrounding Space
• Expenses for the Provision of Services
• Software Costs
• Promotion, Marketing & Networking Expenses
• Indirect Expenditure

The start date for eligibility of expenditure is defined as the date of publication of the Action’s Call. Expenditure incurred (or contracted) before the start date of eligibility of expenditure (even if the contract has not been invoiced) is not eligible. 
The standard deadline for the eligibility of expenditure is defined as the deadline for the completion of the operation, i.e. twenty-four (24) months from the date of online notification of the final approval of the funding application (evaluation result or objection assessment). 
The eligible costs are detailed in the Call File.