Your mate is right, and yes — they absolutely apply to you if you establish a Greek corporate entity. You should never use 100% of your own equity when EU and Greek grant programs are available. Through programs like ESPA 2021–2027 and the Greek Development Law (Anaptyxiakos), you can secure non-repayable grants covering up to 70% of your eligible setup costs for tourism and hospitality.
The remaining portion of the investment can often be complemented with structured bank financing, allowing you to preserve liquidity and significantly improve the overall return on your capital.
Before you commit your own savings, we typically build a full investment structure — combining grants, bank financing, and equity — supported by a professional business plan.
Key Takeaway: Australian investors can access massive, non-repayable EU grants for Greek projects by structuring their corporate presence correctly.
