Western Greece 2025 – Small Investments

Public expenditure for the Action amounts to €18,000,000.

The subsidized budget of each investment plan should be proportionate to the business plan and may range from €5,000 to €40,000. 

The implementation period of the projects is twenty-four (24) months from the date of approval of the funding application.

Existing micro and small enterprises that will implement an investment plan, documented to be linked to a regional endpoint of the priority sectors of the National Smart Specialisation Strategy (RIS3) in the Region of Western Greece:
Sole Proprietorship, General Partnership (O.E.), Limited Partnership (E.E.), Limited Partnership (E.E.) by shares, Limited Liability Company (Ltd.), Société Anonyme (S.A.), Private Capital Company (IKE), Social Cooperative Enterprise under Law 4430/2016 as in force (KOINSEP), Civil Law Non-Profit Organization (AMKE), etc.

• One application per TIN across all sub-actions of the Action.
• Eligible activity code (KAD) defined as the main activity or as the one with the largest revenues (E3 form).
• Registered seat or establishment in Western Greece, and implementation of the investment exclusively within the Region of Western Greece.
• At least one full financial year prior to submission.
• Annual turnover ≤ €500,000 (highest among the last three financial years).
• Annual turnover ≥ €15,000 (lowest among the last three financial years).
• Investment budget within the limits set in the Call.
• Operating legally with a license or notification of commencement (where required).   
• Eligible legal form and size, as per the Annex of the Call.
• Keeping single-entry or double-entry accounting records.
• Registration with the Beneficial Ownership Register.
•  Not under bankruptcy proceedings, liquidation, compulsory administration.
•  No pending rescue or restructuring aid.
•  No order for the clawback of state aid.
• Compliance with de minimis limits (≤ €300,000/ 3-year).
• No implementation of expenditures prior to the Call.
• Explicit commitments to no double funding (both before AND after the approval).
•  The place of implementation of the investment must not be the residence of the beneficiary (primary or secondary).
• Compliance with the legislation on the staff’s occupational health and safety for employees.
• Absence of grounds for exclusion (Greek Law 4488/2017).
• Promotion of gender equality and non-discrimination upon the implementation.
• Provision of accessibility for persons with disabilities, where required.
•  Compliance with the EU Charter of Fundamental Rights.
•  Acceptance of all terms of the Call.

The overall participation conditions of beneficiaries are presented in detail in the Action guide.

The main expenses covered by the Program relate to:

• Building interventions – installations
• Accessibility interventions for persons with disabilities
• Basic and other professional equipment
• Medical/ diagnostic equipment
• Software and ICT systems
• Quality accreditations
• Design of products/ services
• Corporate branding – promotion – website
• Participation in exhibitions
• Business plan & consulting services
• Indirect expenses
  Eligible costs are detailed in the Call File.

 

Funding applications (investment proposals) must be submitted online by prospective Beneficiaries through the Integrated State Aid Management Information System (OPSKE) https://app.opske.gr/

The starting date for submission is 10/2/2026 at 12:00 and the submission deadline is 7/4/2026 at 15:00.

Note that the evaluation of funding applications will be comparative.

Regulation (EU) 2023/2831 (De Minimis)