The Public Expenditure for the Action amounts to €20,000,000 and includes aid under EU Regulation No 2831/2023 (De minimis).
The subsidized budget of each investment project can range from €20,000 to €150,000. The percentage of Public Funding amounts to 70% of the subsidized budget of the funding application. 
If the investment plan includes expenses that cumulatively exceed €150,000, 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.
Funding applications with a submitted budget of less than €20,000 are non-eligible and cannot be submitted. 

Existing micro and small enterprises in the Regions of North and South Aegean as well as Crete, that intend to implement an investment plan related to at least one of the following areas of the National Smart Specialization Strategy:
1. Agri-food supply chain
2. Digital Technologies
3. Biosciences, Health and Medicines
4. Tourism and Culture
5. Sustainable energy
6. Environment and cyclical economy
7. Material, construction and industry
8. Transport and supply chain, as described in detail through the intervention areas and the eligible KAD (business activity codes) pursuant to the program guide
exclusively under one of the following forms of business:
Sole Proprietorship, General Partnership (O.E.), Limited Partnership (E.E.), Limited Partnership by Shares, Limited Liability Company (Ltd.), Single-Member Limited Liability Company, Special Transport Company Ltd., Special Transport Company Single-Member Ltd., Société Anonyme (S.A.), Single-Member Special Transport Company Ltd., Single-Member Société Anonyme (S.A.), Private Capital Company (I.K.E.), Single-member Private Capital Company, Social Cooperative Enterprise of Law 4430/2016 as in force (KOINSEP), Limited Liability Social Cooperative Enterprise (KOISPE), Civil Profit Company, Unlimited Liability Civil Cooperative Enterprise, Limited Liability Civil Cooperative Enterprise, Civil Cooperative Non-Profit Enterprise, Pleasure Craft Marine Company (NEPA)

• In this Action, they must submit one and only funding application per TIN.
• Prior to the date of online submission of the funding application, they must have at least two (2) complete, closed business years.
•  They must be active in the Greek territory and carry out the investment exclusively in one (1) facility within the geographical boundaries of the regions specified in the Call.
• The proposed investment plan must relate to at least one of the eligible KADs (business activity codes)
• They must maintain single or double-entry account books under Law 4308/2014, as in force
• They must meet the conditions for the application of Reg. (EU) 2023/2831 (OJ L 15.12.2023) (De minimis) on which the Action is based.
• They must present evidence of Available Funds at a rate of at least 30% of the Total Budget of the Investment Plan.
• The funding application must include costs related to the sub-activities marked as costs that contribute to the Protection of the Environment and Energy Saving (Green Technological Solutions), at a minimum rate of 30%.
• They must operate in accordance with the law by having the appropriate licensing documentation, as per the applicable legislation.
• They must not have completed or fully implemented the physical object of the investment before submitting the funding application. 
• They must undertake that there are no grounds for exclusion under article 39, par. 1-4 and article 40 of Law 4488/2017 (A137/13.09.2017).
• They must be registered in the Beneficial Ownership Register of Article 20 Law 4557/2018 (A 139), as in force. 
• They must not be subject to bankruptcy proceedings, liquidation or compulsory administration
• The funding application must obtain a minimum overall score of 65.
• They must undertake to increase business employment during the implementation phase of the investment, which, if maintained for one year, will increase the Annual Work Units (AWU) by at least half (0.5) unit (compared to the employment of 2024).
• They must undertake to retain the increase they will declare, which will form the basis of the evaluation of the application, for at least one year after completion of the investment.
• The investment plan should not fall under the exceptions of art. 9 of Regulation (EU) 1056/2021 (JTF) and should not concern the increase in capacity of tourist accommodations of all types (main, non-main hotels of Law 4276/2014, as amended, as well as any other form such as short-term rental of real estate through digital platforms in the context of the sharing economy, etc.)

The full set of terms and conditions for beneficiaries — all of which must be met cumulatively — is presented in detail in the corresponding Call for the Action.

The main expenses covered by the Program relate to:
• Costs of Equipment, Means of Transport & Instruments
• Expenditure on Buildings, Land Plots, Facilities & Surrounding Areas
• Expenses for the Provision of Services
• Indirect Expenditure
Note that upon completion of the investment and on its final certified Budget:
• The implementation of expenditures for the protection of the Environment and Energy Saving should be respected at a rate of at least 30%. In case of non-certification of expenditures of a cumulative amount of 30%, then the percentage of the Budget will be reduced accordingly in order to comply with the quota of 30% of the above-mentioned expenditures on the subsidized Budget. 
• 7% of indirect costs should be observed on the final certified direct costs
The eligible costs are detailed in the Call File.

The subsidy rate, on the basis of which the public financing of the operation is defined, is set at 70% of the subsidized budget.