NSRF 2021 – 2027

Action 2 – Advanced Digital Tranformation of SME’s

Funding Key Points

Date of opening/closing of applications

23/02/2023 until the budget is run out

Content of the Investment Plan

Beneficiaries

Existing micro, small and medium-sized enterprises that must:

  • To have closed at least one (1) full administrative use
  • Be active in one of the eligible KAD of the investment plan for at least one (1) year.
  • To have at least one (1) eligible KAD activity, when submitting the application for financing the investment project.
  • To have at least five (5) EMEs of dependent work during the calendar year preceding the submission of the funding application
  • Work on the investment project has not started before the submission of the aid application.
  • To collect at least a grade of 80 in the digital maturity questionnaire of this Call.

Budget

50.000,00€ – 650.000,00€

Public expense

The public expenditure may vary from 10% to 50%, depending on the Region of affiliation and the eligible costs of the investment project.

The type of aid is a grant and is subject to the provisions of the ΓΑΚ.

Underlying investment projects

  • Equipment Expenditures with indicative costs: Supply of sophisticated systems for operating facilities or personnel, automation of production with robotic systems, upgrading of internal data transfer networks, etc
  • Equipment Expenditures for the Production of modern technological equipment and advanced digital systems with indicative but focused costs: Procurement of sophisticated technological systems and mechanical equipment for the production of Industry 4.0 systems and equipment, security systems and equipment (e.g. premises surveillance, cyber-protection , etc.), automation systems, robotic systems.
  • Software Expenses, with indicative expenses: Provision of modern applications for administrative and financial planning, digital security, customer and supply chain management, data analysis with artificial intelligence tools, production optimization, upgrading of services provided, etc.
  • Expenditures for the provision of services related to the digital upgrade with indicative costs: Technical support for the parameterization and integration of the new systems in the operation of SMEs, system certification, etc.

The beginning of the eligibility of the expenses is defined the date of submission of the application and the maximum duration of completion of the physical and financial object is defined as fifteen (15) months from the date of issuance of the Incorporation Decision.

Eligible expenditure

  • It concerns businesses that aim to expand their digital and technological maturity with integrated investments in new ICT that will upgrade their competitiveness.

    The initial investment criterion must be met:

    • Creation of a new business establishment.
    • Expanding the capacity of an existing unit. The additional capacity of the plant due to the investment plan can only be accepted if the existing capacity of the plant can be certified by official documentation.
    • Diversification of a unit’s output into products or services that have never been produced in it.
    • Fundamental change of the entire production process of an existing unit

    Fundamental change of the entire production process of an existing unit. Submitting a funding request is allowed either only in “Action 1 – Basic Digital Transformation of SMEs” or only in “Action 2 – Advanced Digital Transformation of SMEs” or only in “Action 3 – Cutting Edge Digital Transformation of SMEs”, under penalty of rejection of all applications. The company may also submit an application to one of the other two actions (Action 1 – Basic Digital Transformation of SMEs and Action 3 – Digital Transformation of Leading SMEs) only if it has a period of three (3) months from the repayment of the approved financing application in the present action.

Other information

It concerns the manufacturing, service and tourism sectors.

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