BY THE SUMMER, the new cycle of the "Digital Tools for Small and Medium Enterprises (SME)" program will begin to "run" and support individual companies, which have been established since January 1, 2024.

This program is one of the three programs of the "Digital Transformation of Small and Medium Enterprises" action implemented by the Ministry of Digital Governance through the Information Society within the framework of the National Recovery and Resilience Plan "Greece 2.0" with funding from the European Union - NextGenerationEU.

INDIVIDUAL COMPANIES

As the Minister of Digital Governance, Dimitris Papastergiou, emphasizes to APE, "In the 2nd cycle, our goal is to digitally strengthen an even greater number, also strengthening individual companies. We support healthy entrepreneurship, provide the necessary support and the appropriate digital tools, so that the Greek economy can be digitally transformed and can "flourish".

ABOUT WHO The beneficiaries of the Program are going to be covered based on the eligibility criteria of the first cycle, with some important differences, such as:

Companies that do not employ workers will also be strengthened.

In order to cover the eligibility regarding the activity of each business, the KAD (number cose of activity) with the highest gross revenue will be additionally taken into account.

Companies, which may be financed, should have been founded/incorporated before 01.01.2024.

Eligible costs will include combined solutions, where they will include equipment and software and/or services. 

1st CIRCLE

It is worth mentioning that in the first cycle of the program in question, which has already been completed, 45,509 beneficiaries were supported with a total grant amount of €92,990,407, i.e. 78.37% of the total approved public expenditure. In particular, 7 out of 10 businesses employing between 1 and 5 staff were supported, while over 60% of the aid amount was given to companies employing between 10 and 250 people. About 70% of the public expenditure was absorbed by the beneficiaries in applications to improve the operation of companies.

BUDGET

Let us remind you that the "Digital Tools for SMEs" program is about supporting small and medium-sized enterprises (SMEs) active in a wide range of sectors of the economy with a budget of €135 million and is aimed at approximately 100,000 small and medium-sized enterprises by providing vouchers for the acquisition, through purchase or lease, of new digital products and services.

In particular, they enable:

modernize their productive, commercial and administrative functions.

upgrade the way of communication and collaboration and introduce new forms of hybrid work (hybrid workplace).

digitalize electronic transactions with customers and partners, including e-commerce.

increase the level of security and trust in electronic transactions, through the use of new digital products and services.