Save – Business

- Must have been established as an enterprise, with an eligible NACE code for the Action, by 31/12/2020.
- Must have completed at least two (2) twelve-month management periods before the electronic submission date of the funding proposal.
- Must operate within Greek territory and declare the location(s) for the implementation of the actions of this initiative exclusively by Region. The funding application must specify the Region where the investment plan will be implemented.
- Must qualify as a Small and Medium-sized Enterprise.
- Must operate legally, possessing the appropriate licensing document, in accordance with current legislation and their business activity.
- Must operate exclusively in one of the following forms: corporate/commercial enterprises: Anonymous Company (Anonymi Etaireia), Limited Liability Company (Etaireia Periorismenis Efthynis), General Partnership (Omorrythmi Etaireia) or Limited Partnership (Eterorrythmi Etaireia), Private Company (I.K.E.), Sole Proprietorship (Atomiki Epicheirisi), Social Cooperative Enterprise (Koinoniki Synetairistiki Epicheirisi) of Law 4019/2011 as applicable, Cooperative, and maintain single-entry or double-entry books according to Law 4308/2014, as applicable.
- An Energy Audit of the enterprise in its current state must have been completed, and the proposed energy saving plans from the energy audit results report, as defined in the aforementioned Ministerial Decision, must be derived from it.
- If the application includes measures for improving the energy efficiency of building infrastructure and if required by current legislation, the issuance of an Energy Performance Certificate (EPC) based on KENAK by an Energy Inspector registered in the Register of Energy Inspectors is required to substantiate the necessity of implementing the interventions.
- Must achieve at least the minimum energy target, according to the relevant Section.
- Must submit one (1) and only one investment proposal per Tax Identification Number (TIN) for this Action throughout the validity period of this call (the possibility is provided for upgrading more than 1 building within the same Region under the same application (TIN), provided that the details of each building are distinct in the proposal).
- Must not be under bankruptcy, liquidation, or compulsory administration.
- No outstanding recovery of state aid against them following a European Commission decision declaring aid illegal and incompatible with the internal market.
- Must commit that the expenses included in this specific funding application have not been funded, included, and will not be submitted for funding approval in another program funded by national or community resources.
- Must not be an undertaking in difficulty.

For each project submitted and subsidized under the program, the minimum energy-environmental target is defined as follows:

1. reduction of emitted pollutants (CO2) by at least 35%
2. primary energy savings of at least 35%
3. upgrade of the energy class based on EPC by at least three (3) energy classes compared to the existing classification (or mandatory B' class for radical renovation) if it concerns the upgrade of building infrastructure falling under the provisions of Law 4122/2013.

The substantiation of the necessity of interventions derives exclusively from an Energy Audit results report, as well as from the Energy Performance Certificate (EPC), if it concerns the upgrade of building infrastructure.

It is noted that upon completion of the physical object, an assessment of the energy target will be carried out, where the aid will be linked to the actually achieved energy savings.

The public expenditure budget for the action amounts to a total of €200 million and will be allocated separately as follows:
- €100 million for the Trade and Services sectors
- €100 million for the Tourism sector
The action is funded by resources from the Recovery and Resilience Facility, and the allocation of resources will be made at the regional level.