Two new Actions to support small and medium-sized enterprises in the small Aegean islands are expected to be announced soon by the NSRF ‘Just Development Transition’ 2021-2027 Program.
The objective of these specific actions is the ‘greening’ of the islands, the development of business activities around the ‘clean energy’ value chain, and the transformation and further development of tourism and the blue economy towards more sustainable and innovative models based on local needs and conditions.
Specifically, the two actions will concern the following islands:
Anafi, Ios, Sikinos, Folegandros, Nisyros, Kimolos, Serifos, Amorgos, Antiparos, Kea, Sifnos, Kythnos, Agathonisi, Astypalaia, Leipsoi, Kasos, Symi, Tilos, Kastellorizo, Fournoi, Agios Efstratios, Psara, and Oinousses.
1st Action – Support for existing SMEs in the island regions of the JDT 2021-2027 Program (‘Green Entrepreneurship’) for islands with <3,100 inhabitants for investment plans of 20,000-150,000 euros (de minimis) with a total budget of €30,000,000.
2nd Action – Support for new and under-establishment SMEs in the island regions of the JDT 2021-2027 Program (‘Green Entrepreneurship’) for islands <3,100 inhabitants for investment plans of 20,000-150,000 euros (de minimis) with a total budget of €20,000,000.
Eligible Expenses
- Equipment Procurement Expenses (Productive & Mechanical, Digital)
- Energy Saving Equipment & Building Works
- Electric Transport Vehicles (commercial)
- General Building Works
- Software
- Promotion and Outward-looking Expenses
- Indirect Expenses
Aid Intensity – Budget
The budget for each investment plan should range from €20,000 to €150,000.
Funding applications with a budget less than €20,000 will not be accepted.
The public expenditure, eligible Activity Codes (KAD), the submission period for funding applications, the required supporting documents, and the obligations of beneficiaries will be defined in the Detailed Call for the Action.
