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NBG Business Seeds is an integrated program designed to foster innovative and export-oriented entrepreneurship.

It includes actions that aim at showcasing innovative ideas and projects, training and mentoring teams, and providing infrastructures, networking and financing.

Once the competition phase is over and the proposals are awarded, NBG places special emphasis on supporting the implementation of selected shortlisted proposals through the actions of the NBG Business Seeds program (www.nbg.gr/nbgseeds).

NBG works in partnership with the Athens University of Economics & Business (AUEB) so as to provide representatives of shortlisted proposals with the opportunity to attend training programs on business themes and receive free-of-charge services and products of Amazon, Facebook and Microsoft.
 
In addition, as regards financial support for businesses, NBG provides targeted financial support actions in partnership with The People’s Trust, lending actions and participation in their company equity, as well as mentoring and networking actions in cooperation with Google, Grant Thornton, Watson, Farley & Williams, Israel Advanced Technology Industries (IATI), the Hellenic American Chamber of Commerce, Census, ΜcKinsey, KEMEL (Center of Volunteer Managers – Greece) and Endeavor Greece.

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 diverse banking fields, propose targeted solutions to improve each business initiative.   
 

​​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.