Announcement of Aid Scheme

“Aid Scheme for Dual-Use Investment Projects in Strategic Sectors of Defense and the Manufacture of Vehicles and Aircraft”

Development Law 4887/2022

The first cycle of the “Aid Scheme for Dual-Use Investment Projects in Strategic Sectors of Defense and the Manufacture of Vehicles and Aircraft” (Law 5246/2025, as amended by Law 5297/2026) has been announced.

Total budget: €150 million, entirely in the form of an enhanced tax deduction on expenses. The state is not distributing cash grants — it rewards businesses that produce, export and innovate in the country’s most strategic sectors. The evaluation is comparative: projects are judged against one another, and only the most mature are admitted.

Submissions open on 31 August 2026 and close on 30 November 2026.

What “Dual Use” Means

The term describes technologies and infrastructure that serve the civilian and the defense market at the same time. A factory producing vehicle components, electronic systems or aeronautical parts can supply both. The scheme concerns precisely these sectors of strategic importance — and both new and existing businesses are eligible.

The Basics of the Scheme

  • Submission period: 31 August – 30 November 2026
  • Budget: €150 million (enhanced tax deduction)
  • Types of aid: enhanced tax deduction on expenses (a 100% increased deduction) and fast-track licensing
  • Minimum investment amount: €3,000,000 (uniform, for all enterprise sizes)
  • Maximum aid amount per project: €20,000,000
  • Minimum qualifying score: 50/100
  • Submission platform: PS-An (opsan.mindev.gov.gr)

Which Sectors It Concerns (NACE Codes)

  • Manufacture of weapons and ammunition (25.30)
  • Manufacture of motor vehicles (29.10)
  • Electrical and electronic equipment for motor vehicles (29.31)
  • Other parts and accessories for motor vehicles (29.32)
  • Manufacture of aircraft and related machinery (30.31, 30.32)
  • Manufacture of military combat vehicles (30.40)

Who Is Eligible

Commercial companies, cooperatives, companies under merger, business consortia, and public and municipal enterprises under conditions. Each project must constitute an initial investment: establishment of a new unit, expansion of production capacity, diversification of production into new products, or a fundamental change to the production process.

How Your Project Is Scored

  • Maturity of the investment plan: 0–35
  • Financial standing of the entity: 0–25
  • Sustainable development elements (STEP, exports, patents, defense): 0–25
  • Increase in employment: 0–15
  • Total: 100 — Minimum qualifying threshold: 50

Send us in a single email: (a) the investment budget, (b) the nature of the investment, (c) the investment’s NACE code, (d) the implementation location.

info@aggelakakis.gr