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​NBG Business Seeds is an integrated program designed to foster innovative and export-oriented entrepreneurship. NBG Business Seeds includes actions that aim at showcasing innovative ideas and projects, training and mentoring young entrepreneurs, and providing infrastructures, networking and financing. Once the annual competition "Innovation & Technology" is over and the awards given, NBG supports the implementation of selected proposals that are distinguished.

 NBG works in partnership with the Athens University of Economics and Business (AUEB) and the Hellenic Federation of Enterprises (SEV) so as to provide shortlisted proposals with the opportunity to attend training programs on business themes. The said proposals also receive free-of-charge services and products of Amazon and Microsoft, while incubation services are provided in partnership with SEV and 1776, a global incubator and seed fund based in the US.

As regards financial support for businesses, NBG provides targeted lending programs and participation in company equity.  Particular weight is given to mentoring actions provided in cooperation with Google, Grant Thornton, Watson Farley and Williams, Israel Advanced Technology Industries (IATI), and networking initiatives provided in cooperation with Endeavor Greece and the Hellenic American Chamber.

Emphasis is placed on the mentoring of the teams by NBG's experienced staff who, backed by professional experience of more than 20 years in various fields, propose targeted solutions to improve each innovative endeavor. ​

Besides the financing, companies participating in the program receive free-of-charge services and products  of Amazon and Microsoft, incubation services in partnership with SEV and 1776 incubator based in the US, and mentoring actions provided in cooperation with Google, Grant Thornton, Watson Farley and Williams, Israeli Advanced Technology Industries (IATI) and networking initiatives provided in cooperation with Endeavor Greece and the Hellenic American Chamber.



 

​​Since 2010 NBG has been running its "Innovation & Technology" Competition to encourage and foster young entrepreneurship by giving a helping hand to fresh ideas, business plans and start-ups.

The "Innovation & Technology" competition in collaboration with Greek universities highlights and supports business ideas emanating from university classrooms and productive sectors. 

 
The proposals shortlisted for the 2nd Phase of the "Innovation & Technology" competition are required to submit a full business plan for the implementation of their business idea. The plan, together with the implementation or the pilot run, is presented to the Final Evaluation Committee, who then/so they may select the winners.

 
Winners of university competitions that ​​have been selected by NBG (such as the Ennovation Competition of the AUEB​), as well as the teams that have received distinction in the ekinisiLAB program run by SEV, can take part directly in this phase of the Competition.

 
At the same time, in partnership with the AUEB training actions are carried out for the improvement and development of the business plans.

 
​NBG Business Seeds, a program with an initial budget of €15 million, aims at supporting innovative entrepreneurship by offering different types of credit to cover the needs of the start-ups in their first three basic stages: establishment & first steps, development and outward-looking orientation.

 
The types of credit lines offered by "NBG Business Seeds" include:

 
  • equity  financing, involving participation in the company's equity
  • special purpose loans to develop new activities
  • bond loans that can be converted into shares
The shortlisting of candidate companies is carried out mainly through the Innovation & Technology​ competition, without excluding candidate companies arising from partnerships under the "NBG Business Seeds" program, such as affiliated university competitions, and incubation in partnership with the SEV​.
In the framework of the "NBG Business Seeds" program and through partnership with Endeavor Greece the nominated companies enjoy:
  • credit line on the basis of banking criteria (in line with NBG credit policy)
  • support and mentoring services
​These actions focus on developing the innovative and growing businesses into outward-looking companies that will contribute to Greek economic growth and the creation of new jobs.