Think of them as three different funding mechanisms designed for different types of investments.
ESPA (NSRF 2021–2027) primarily provides non-repayable grants for small and medium-sized enterprises. These programs typically support projects such as tourism upgrades, digital transformation, green energy improvements, or business modernisation.
The Greek Development Law (Anaptyxiakos) focuses on larger or structured investment projects and offers incentives such as tax exemptions, direct subsidies, leasing subsidies, or wage cost support, depending on the specific regime and the region of the investment.
The Recovery and Resilience Facility (RRF) works differently. It mainly provides long-term investment loans through the Greek banking system, combined with private capital and commercial lending. These loans support projects that contribute to Greece’s green transition, digital transformation, innovation, and productivity.
In practice, many successful investments combine more than one of these tools. Our role is to structure the project correctly — aligning the business plan, financing mix, and eligibility criteria with the most suitable funding program.
Key Takeaway: Each funding mechanism serves a different purpose — the right investment structure often combines grants, incentives, and financing into a single coordinated funding strategy.
