The ‘Modernization of Small Business in Western Greece 2025’ Action is funded within the framework of the aforementioned program. It falls under Specific Objective 1.3 ‘Enhancing the sustainable growth and competitiveness of SMEs and creating jobs in SMEs, inter alia through productive investments (ERDF)’. Through this Action, the aim is to support businesses in the Region of Western Greece, prioritizing sectors of the Regional Smart Specialization Strategy of Western Greece. This is achieved by supporting existing micro and small enterprises for the development and dissemination of new technologies, their technological transformation, scale-up, extroversion (with emphasis on both global value chains – GVC, and the promotion of high-tech products), and the promotion of the dual transition, i.e., digital transformation and the circular economy.
Who is it for
Area of Application
Region of Western Greece: Prefectures of Achaia, Ilia, Aetolia-Acarnania.
Eligible Expenses
Indicative categories of eligible support expenses are:
- Buildings, facilities, surrounding area, Accessibility
- Accessibility improvement
- Basic or other equipment
- Software
- Certifications
- Product/Service Design
- Corporate Identity – Business Promotion – Exhibitions
- Business Plan
- Indirect costs
Application Budget
From €5,000 to €120,000 as follows:
A. Scientists & Freelancers €5,000 to €10,000
B. Small Investments €5,000 to €40,000
C. Medium Investments €40,001 to €120,000
