Programme Overview
We would like to inform you about the launch of the “Producing in Greece” program, primarily targeting manufacturing sector enterprises, which was officially announced in recent days.
- Application Period: 31 March – 2 June 2026
- Eligibility of Expenditures: from 24 March 2026
- Total Public Budget: €50 million
- Funding Source: NSRF 2021–2027 – “Competitiveness” Programme
Objective
The programme aims to strengthen:
- the productive base of the Greek economy
- the international competitiveness of export-oriented sectors
Eligible Investment Areas
- Production modernization
- Technological upgrade
- Certifications & quality assurance
- Design & branding
- Human capital strengthening
Eligible Beneficiaries & Requirements
Target Group
Existing Micro, Small and Medium-sized Enterprises (SMEs) operating in:
- Manufacturing sectors
- Industries with supply-demand imbalances
Indicative Sectors
- Pharmaceuticals
- Medical equipment
- Chemicals & plastics
- Metals
- Electronics & electrical equipment
- Industrial machinery
- Transport equipment
- Consumer goods (clothing, footwear, furniture)
Basic Eligibility Criteria
Applicants must:
- Have at least one closed financial year
- Hold eligible NACE (KAD) codes prior to submission
- Ensure the investment relates strictly to eligible activities
- Employ at least 1 Annual Work Unit (AWU) (ERGANI verified)
Important Restrictions
- No co-location of businesses (shared use of equipment is prohibited)
- Violation leads to revocation of approval
- Home-based business locations are not eligible
Budget & Implementation
- Project Budget: €100,000 – €400,000 (excl. VAT)
- Maximum Grant: €200,000
- Budget cap: ≤ 2x highest turnover of last 3 years
- Project Duration: up to 15 months
Funding Intensity & Structure
- Aid Rate: 50% – 55%
Fast Implementation Bonus (+5%)
Granted if:
- ≥80% of project budget is implemented within 9 months
Private Participation
- Own funds and/or bank financing
- Minimum 25% own contribution required
Eligible Expenditures
Core Investment
- Equipment & machinery: 65% – 90%
Technology & Sustainability
- Energy efficiency / environmental equipment: up to 20%
- Software (SaaS / cloud): up to 20%
Innovation & Branding
- Certifications: up to €3,000 each (max 3)
- Packaging / branding: up to 10%
- IP / patents / know-how: up to 20%
Consulting & Support
- External consultants: up to €25,000 (10%)
- Project monitoring: up to €10,000 (4%)
Digital & Promotion
- Websites / e-shops / apps: up to 20%
- Exhibitions abroad: up to €40,000
- Promotion expenses: up to €15,000
Human Resources
- New personnel costs: 10% – 30%
Indirect Costs
- Fixed at 7%
Important Constraint:
Services + Software + Promotion combined ≤ 20% of total budget
Evaluation Methodology
Applications are assessed via comparative evaluation, based on:
- Interest Coverage Ratio – 20
- Human Capital Cost Ratio – 15
- EBITDA / Turnover – 15
- Secured Private Participation – 20
- Budget vs Turnover – 15
- Investment Plan & Export Orientation – 10
- Alignment with Smart Specialisation Strategy – 5
Minimum Score Required ➡ 75 / 100
Closing Note
We remain at your disposal for any further clarification or tailored support regarding:
- eligibility assessment
- investment structuring
- application preparation