Strengthening of investment plans for their area of activity in the intervention area of the Strategic Sustainable Urban Development (SUD) of Larisa in the fields of tourism, catering, culture and creative industry, environment, energy and hybrid technologies and IT and Communication Technologies .
The investment plans will concern green and technological investments, investments in soft Mobility and Accessibility for the disabled, in order to adopt and integrate the vision of the SBAA and operate with respect for the protection of the environment, the history and culture of Larissa, the social protection and the feeling of solidarity.
The proposed investment plan must be fully relevant to the purpose/activities of the respective business.
The program is aimed at Very Small and Small Businesses that are active in the area of intervention of the SVAA Larisa (headquarters or branch) when submitting the application to participate in this action, employ up to 50 workers and have started by 31-5-2022 at the latest, have a KAD main activity that is part of the eligible KAD.
The categories of subsidized activities are indicated as examples:
| Tourism |
| F&B |
| Culture |
| Environment & Energy |
| IT & communication technologies |
Terms and conditions
Under penalty of disqualification, a single proposal is submitted per VAT number. The implementation of the investment projects will be in accordance with the detailed Invitation, which describes in detail the conditions for participation, the required supporting documents, the method of submitting the investment proposals, their evaluation process, their inclusion for financing, the intensity of the aid, the eligible costs , the method of payment of the financing, the process of control and monitoring of the implementation of the projects, the obligations of the Beneficiaries and the other conditions of the Action.
They are not eligible to submit a proposal:
- public enterprises, public bodies or public organizations and/or their subsidiaries, as well as companies in whose capital or voting rights they participate, directly or indirectly, with a percentage greater than twenty-five percent (25%)
- the A' and B' grade OTAs and all the above public bodies individually or jointly,
- Large companies and medium-sized companies, i.e. companies that do not meet the criteria of the present regarding Very Small or Small companies, as defined in Annex I of Reg. 651/2014
- Offshore businesses
- Businesses that are part of an already organized uniform distribution network of products or services which exploit, following relevant contracts, licenses to exploit intellectual property rights, which usually concern trademarks or distinctive titles and know-how for the use and distribution of goods or services (e.g. . franchising, shop in shop, agency network).
Investment plans with a total investment budget (subsidized per person) from €5,000.00 to €15,000.00 are supported for Existing businesses where their investment plan concerns their modernization. The intensity of the support for investment proposals is determined at 65% for all eligible costs, based on Regulation (EU) 1407/2013 (DE MINIMIS).
The investment plans will concern green and technological investments, investments in soft mobility and accessibility for the disabled, in order to adopt and integrate the vision of the SBAA and operate with respect for the protection of the environment, the history and culture of Larissa, the social protection and the feeling of solidarity
Project budget
The subsidized budget of each investment proposal of a potential aid beneficiary may range from €5,000.00 to €15,000.00.
In the event that the investment plan will have a budget of less than €5,000.00, then it will be deemed ineligible from the outset and will not be able to be submitted.
In the event that the investment project will have a budget greater than €15,000.00, the amount beyond the Public Funding to cover the total budget will be considered private participation for the implementation of the project.
In this case, even though the excess costs are not subsidized, the entire investment plan, including the excess costs, is subject to evaluation and monitoring - control.
Application period
27/03/2023 at 12:00 until 26/04/2023 at 14:00
