Published by 2nd cycle of the Aid Scheme "Strengthening Tourism Investments» of the development law 4887/2022.
The purpose of this scheme is to grant aid to a wide range of tourism investments that mainly concern the creation, expansion and modernization of an integrated form of tourist accommodation throughout the territory, with the aim of upgrading the quality of the tourist product.
The total budget of the present regime for the year 2023 amounts to 150,000,000 million euros, of which 75,000,000 million euros concern the type of tax exemption aid.
Aid rates for businesses they go up to 75%.
The minimum investment amount is defined in:
- 50,000 for CoinSEP etc.
- €100,000 for very Small businesses
- €250,000 for Small businesses
- €500,000 for Medium enterprises
- €1,000,000 for Large businesses
Eligible expenses
a. Investment costs in tangible assets:
- construction, extension, modernization of building facilities, special and auxiliary facilities of the buildings,
- purchase of all or part of the existing fixed assets, such as buildings, machinery and other equipment, of a business establishment
- purchase and installation of new modern machinery and other equipment, including technical installations and means of transport that move within the area of the incorporated unit.
- lease payments of new modern machinery and other equipment, the use of which is acquired, provided that the leasing contract stipulates that the equipment becomes the property of the lessee at the end of the contract.
- modernization of special facilities (not related to buildings) and mechanical facilities.
b. Investment costs in intangible assets:
- technology transfer, through the purchase of intellectual property rights, licenses, patents, know-how and unproprietary know-how;
- quality assurance and control systems, certifications, supply and installation of software and business organization systems.
c. Expenditures other than Regional Aid
- Consultant fees up to 5% of the total aided cost
- Vocational training expenses
- Expenses for media participation in trade fairs
Submission period from 12/06/2023 to 13/10/2023.
For more information call us on the phone 231 309 7575.