Within the framework of the Action, financing will be earmarked for projects that foster competitiveness of agricultural holdings through innovation, digitalisation and sustainable practices.

The intervention in detail

The Public Expenditure of the Action amounts to a total of €134,639,733 and is co-financed by the European Agricultural Fund for Rural Development (EAFRD) and the Public Investment Development Programme (PIDP). 

The requested budget of the support applications ranges between €400,001.00 and €5,000,000.00.

Micro, small, medium and large enterprises that are mainly active in the processing of agricultural products listed in Annex I of the Treaty on the Functioning of the EU, the final product being agricultural, exclusively under one of the following forms of business:

  • legal entities: Ο.Ε., Ε.Ε., Ε.P.Ε, Α.Ε., Ι.Κ.Ε.,
  •  sole proprietorships,
  • agricultural cooperatives, agricultural partnerships, S.A. whose majority of shares are owned by agricultural cooperatives,
  • producer groups, producer organisations, mergers of producer organisations.
  • They must have been established or started their business activity by the date their application of support is finalized in the Integrated State Aid Management Information System (OPSKE)
  • They must keep B or C category books
  • They must not operate under the form of society, civil-law company or joint venture
  • They must not be considered Undertakings in Difficulty. This feature is examined exclusively during the assessment of the application of support.
  • A financial correction decision must not be issued against them for breaches of the obligations arising from their inclusion in previous development programmes, unless they provide proof of payment of the amount to be refunded
  • On the date of finalization of the application for support in the OPSKE, they must have implemented as beneficiaries the approved eligible physical and financial object of their support application, which was included in the framework of Submeasure 4.2 of Measure 4 of the RDP 2014-2022 and have finalized in the PSKE an application for payment of the final installment of the approved Public Aid
  • Individual costs must be requested for the treatment of waste (liquid, solid and gaseous) to meet the needs of the plant.
 

The main expenses covered by the Program relate to:

  • Expenditure on Buildings, Land Plots, Facilities & Surrounding Areas 
  • Costs of Equipment, Means of Transport & Instruments 
  • Expenses for the provision of services
  • Software costs

The eligible costs are detailed in the Call File.

 

The aid rate is set as follows:

  • In the small Aegean islands except Evia and Crete, it amounts to 75%
  • In the Regions of the Ionian Sea, Crete, Thessaly and in the continental regions included in the Territorial Just Transition Plans (ESDIM), it amounts to 65%
  • In the Regions of Peloponnese, except for the above four Municipalities, and in the Regions of Western Greece, Central Greece, Epirus, Central Macedonia, Eastern Macedonia and Thrace, it amounts to 50%
  • In the Region of Attica, it amounts to 40%
 

Contact your Business Banking Relationship Manager today and learn about our financing products and the tools we offer for the implementation of your business growth plans.

  • Letter of pre-approval/intent to lend
  • Coverage of part of the private participation, with the appropriate financial instrument
  • Issuance of an Advance Letter of Guarantee
 

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