The aim of the action is to accelerate the industrial transition through the digitalisation of business and production functions to increase the competitiveness of enterprises and create a resilient industry.
The investment plan must be compatible with the Industry 4.0 model and meet at least one of the following objectives:
The subsidised budget of each investment proposal may not be less than €250,000 and may not exceed €6,000,000
The sector of economic activity is:
The starting date for the eligibility of expenditure of the investment proposal is the date of submission of the subsidy application.
Subsidy rates
The maximum rate of aid per beneficiary undertaking may not exceed the aid intensity limits laid down in the Regional Aid Map
The Central, Northern and Southern Sectors of Athens are excluded from the aid.
| Undertaking size Expenditure under article 14 | Expenditure under article 18 and 31 | ||
| REGIONS | MEDIUM | SMALL – MICRO | Regardless of size |
| North Aegean Sea | 70% | 75% | 50% |
| Crete | 60% | 70% | 50% |
| Eastern Macedonia-Thrace | 60% | 70% | 50% |
| Central Macedonia | 60% | 70% | 50% |
| Western Macedonia | 60% | 70% | 50% |
| Epirus | 60% | 70% | 50% |
| Thessaly | 60% | 70% | 50% |
| Ionian Islands | 50% | 60% | 50% |
| Western Greece | 60% | 70% | 50% |
| Central Greece | 50% | 60% | 50% |
| Evritania | 50% | 60% | 50% |
| Peloponnese: Municipality of Megalopolis, Gortynia, Tripoli, Oichalia | 60% | 70% | 50% |
| Peloponnese: Other municipalities | 50% | 60% | 50% |
| South Aegean | 50% | 60% | 50% |
| East Attica / West Attica / Piraeus and islands | 35% | 45% | 50% |
| Western sector of Athens | 25% | 35% | 50% |
Funding structure
The beneficiary’s equity contribution is the difference between the eligible budget and the public aid. The investor must have at least 25% of the required private participation in the proposed investment project, which in any case will not constitute State aid.
Implementation time schedule
The duration of implementation of approved projects is set at twenty-four (24) months from the date of signature of the company’s inclusion decision, while at least 30% of the expenditure of the approved subsidised budget must have been incurred and have been subjected to verification in the first year of implementation
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