New Opportunity

Beneficiaries, who may receive public funding under this action, are legal entities or sole proprietorships, i.e., any entity, regardless of its legal form, that carries out economic activity, while Recipients are the natural persons who will participate in the action as self-employed or freelancers.

It is noted that the establishment of companies in which more than one recipient will participate is permitted. In this case, conditions apply to all partners.

The basic participation requirements for potentially beneficiary businesses are as follows:

• Legal entities must be businesses under formation. Under formation refers to businesses that will be established by the recipients of the action to commence professional activity and will start their operations (commencement of business at the Tax Office) after the date of final submission of their application to the action.
• For collaborating schemes:

-All partners are recipients of the action,

-Each partner participates in the business with at least 30% corporate shares, -They have a draft articles of association signed by all.

• To submit a business plan, as well as all necessary data, supporting documents, and forms, as defined by this call.
• To submit one proposal per Tax Identification Number (TIN) and for only one of the two sub-actions (in the case of collaborating schemes, the TIN of all partners in the scheme is considered, under penalty of rejection of all submitted applications).
• To commit that:

-They will be included in micro-enterprises, as defined in Commission Recommendation 2003/361/EC of 6 May 2003

-They will commence business activity in only one professional establishment within the eligible area of each Sub-action (one business headquarters, without branches). The establishment of a branch is not permitted throughout the implementation period of the Business Plan, under penalty of revocation of the Integration Decision and return of any Public Funding received.

-They will operate, until the time of payment of the aid (including the advance payment), and will incur the corresponding expenses in the Region of Epirus.

-They will operate exclusively in at least one of the eligible activity sectors (NACE codes), and that they will incur the corresponding expenses in the eligible NACE codes and maintain them throughout the implementation period of the business plan. It is clarified that they will not operate in an ineligible NACE code throughout the implementation of the investment plan.

• They will commence business activity in an independent professional space and will not co-locate with another business.
• They will operate legally, possessing the appropriate licensing document, etc.

Business plans with a total subsidized budget from €10,000 to €50,000 (or €60,000 if the proposal involves businesses with the participation of more than one recipient) are supported.

In the event that the submitted investment plan has a budget of less than €10,000, it will be deemed ineligible from the outset and cannot be submitted.

The aid intensity for the majority of eligible expenses is set at 80% or 90% and 100% for the beneficiary's insurance contributions.

The implementation period for the projects is up to eighteen (18) months, while the funding for job positions, professional space rents, and vehicle financial leases covers a period of up to twelve (12) months.

The date of submission of the proposal is defined as the start date of eligibility for expenses.

• Personnel Expenses
• Production & Mechanical Equipment
• Digital Equipment
• Electric Transport Means
• Expenses for Buildings, Land, Facilities & Surrounding Area
• Expenses for service provision
• Operating Expenses (rents)
• Software Expenses
• Indirect Expenses

Applications for funding will be submitted from June 2, 2026 (13:00) to September 9, 2026 (15:00).